My spouse was awarded $90,000 from my 401(k) in our divorce. How is that fair?
“I retired in 2020 and subsequently went through a divorce a few years later.”
“I retired in 2020 and subsequently went through a divorce a few years later.”
Anthropic appoints Former Federal Reserve Chair Ben Bernanke to its long-term benefit trust, JPMorganChase signs a multiyear agreement to be the official jersey patch and banking partner of the Dallas Mavericks, Brazil-based Nubank receives full regulatory approval to open Nu Mexico, and more in this week’s banking news roundup.
The consolidation wave is extending beyond mortgage lenders and servicers, with fraud prevention and escrow management companies joining forces to create a safer closing process. Processing Content Title fraud prevention firm CertifID acquired Closinglock, bringing together complementary capabilities across identity verification, fraud prevention, secure payments and real estate closing workflows to better protect people and…
The first interest rate hike in more than three years has caused advisors to spring into action for their clients. But one area that’s getting very little attention is the impact of higher rates on business valuations. When a required return rises, the present value of a closely held business generally falls, all else being…
Let’s not get too excited. After all, today’s yields are the second highest in 19 years, but still… this morning’s price action is better than a sharp stick in the eye. Bonds held almost perfectly flat in the overnight session and Fed rate expectations tempered yesterday’s exuberance a bit (hence, 2yr yields are down 3-4bps…
Schroders shares were officially delisted from the London Stock Exchange. Credit: Piotr Swat/ Shutterstock.com. Nuveen has completed its £9.9bn ($13.4bn) acquisition of Schroders, creating an investment manager responsible for $2.6tn in assets under management across institutional and wealth channels. The transaction was first announced in February. Access deeper industry intelligence Experience unmatched clarity with a…
Headlines: Markets: WTI crude oil down -3.46% to $98.93 Gold up +0.45% to $4335 EUR/USD down -0.15% to 1.1592 USD/JPY down -0.29% to 153.97 S&P 500 up +0.50% to 7636.75 Bitcoin up +0.32% to $76,770 It’s been a quiet session with limited data and news releases ahead of the US CPI release. The only economic…