When foreign exchange transactions executed for mutual funds, pension plans, and endowments don’t occur at the interbank rate, investors and beneficiaries lose out. A lack of oversight and a lack of transparency mean the costs of surprisingly wide FX spreads … READ MORECOMMENTS [ 0 ]
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“I’m not even sure what I want, but that’s not the point – it’s that I want it now.”
“Whenever the old gives way to the new, everybody with vested interests in the old starts crying that the world will stop. There aren’t many people with vested interests in the new.”
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”
“All you need in this life is ignorance and confidence, and then success is sure.”
Allianz Global Investors U.S. to pay > $1B in fines, parent company to pay > $5B in restitution to victims. Firm to be prohibited from providing advisory services to U.S. registered investment funds for 10 years. https://bit.ly/3wzC3F8
Press conference today at 11:30am to announce the indictment of Gregoire Tournant, the former chief investment officer for a series of funds at Allianz Global Investors US LLC (“AGI US”), for conspiracy, securities fraud, investment advisor fraud, and obstruction of justice
This is a company that's making a difference.
Looking for a killer operations person to be my right hand. Can be left handed.
Who's the best?
BofA fined for unlawfully garnishing customer accounts, inserting unenforceable language into customer contracts, and misleading customers regarding its unlawful activity. It also has to make customers whole. https://bit.ly/3w98Wte Who ran this department?
I'm guessing there's zero chance they won't use the new data for ad targeting down the road.