Many asset managers have been converting their mutual funds to ETFs in recent years, due in part to a 2019 SEC rule change.
Kategorie-Archiv: CNBC Financial News
SAP boss warns against regulating AI, says Europe risks falling behind U.S., China
Christian Klein, head of German software giant SAP, says Europe risks falling behind the U.S. and China if it ends up overregulating the AI sector.
More startups are being spun out of Klarna than any other European fintech unicorn
Alumni from Klarna have gone on to create 62 new startups — more than any other fintech unicorn in Europe, according to a new report from VC firm Accel.
HSBC embarks on major restructuring, names first female CFO
HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender’s first female finance chief.
KKM Financial’s Essential 40 stock fund is now an ETF
Many asset managers have been converting their mutual funds to ETFs in recent years, due in part to a 2019 SEC rule change.
Why abortion access is a personal finance issue, says demographer who studies the effects of unwanted pregnancy
Diana Greene Foster, a professor at the University of California San Francisco, led a landmark study that tracked 1,000 women over a five-year period.
SAP boss warns against regulating AI, says Europe risks falling behind U.S., China
Christian Klein, head of German software giant SAP, says Europe risks falling behind the U.S. and China if it ends up overregulating the AI sector.
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway’s gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).
GM raises 2024 earnings guidance after easily topping Wall Street’s third-quarter expectations
GM’s quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.
Robinhood rolls out high-risk margin trading in the UK after getting regulator nod
Robinhood said Monday that it’s rolling out margin investing — or the ability for investors to borrow cash to augment their trades — in the U.K.