The August stock-market slump is a myth — so why does Wall Street keep repeating it?
More than 200 years of data show stocks typically gain in August, while market volatility sits well below average.
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Merrill Lynch Speeds Up Team Placement for Trainees
Bank of America Merrill Lynch will allow advisor trainees in the firm’s development program to join existing advisor teams sooner, one of a series of enhancements Merrill is making to its trainee program. According to Head of Client Service John Towey (who heads the trainee program), the four adjustments were based on feedback from trainees,…
Latin America’s best bank for customer experience 2026: BBVA
Latin America is a central part of BBVA’s Radical Client Perspective programme, which makes flawlessness, innovation and global standards in customer experience the first plank of its long-term group strategy. Launched last year, the programme ramps up customer experience targets and innovation, including around AI, while fundamentally rethinking much of the product suite and delivery…
US regulators throw banks a curveball on committed credit lines
US regulators throw banks a curveball on committed credit lines – Risk.net Skip to main content End of drawer navigation content New Basel III charge on undrawn facilities will hit largest banks in areas like fund finance and credit cards The US Basel III redraft of March 2026 has mainly drawn praise from banks…
Schroder REIT names successor as Alastair Hughes prepares to retire
Richard Dakin joins board as independent non-executive director. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post Schroder REIT names successor as Alastair Hughes prepares to retire…
Interview with Die Zeit
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Mark Schieritz and Kolja Rudzio on 19 June 2026 25 June 2026 There is now a ceasefire in the Middle East, and oil prices have fallen. What does this mean for the economy in Europe, and in Germany in particular? This…
SEC Seeks Public Comment on Novel Exchange-Traded Funds
The Securities and Exchange Commission today issued a request for public comment on exchange-traded funds (ETFs) seeking to invest in innovative asset classes or engage in novel investment strategies. The request focuses on ways to facilitate innovation in the ETF space while protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. “Innovation…
