Fidelity

Ask enough people what the biggest trend in fintech is, and eventually you’ll start to hear a few repeated phrases. One-stop-shop. Big tech. Integration. Platform-as-a-Service. Generic as those buzzwords may be, they also hint at something that’s happening within the financial services...

Before the COVID-19 coronavirus became a global pandemic, markets were in an unrelenting uptrend. However, soon after world governments began introducing stay-at-home orders, forcing the closure of non-essential businesses and unemployment of millions, financial markets experienced a historic...

Last week, 3.8 million filed for unemployment benefits, bringing America’s total claims number to over 30 million. It's a result of the mass layoffs and business closures brought on by the coronavirus pandemic.  Despite the global economic shutdown causing many businesses to...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The proliferation of tech-enabled financial services has led to an explosion of offerings for consumers looking to get their financial...

Morgan Stanley (NYSE: MS) is buying E*Trade Financial Corp. (NASDAQ: ETFC) in an all-stock $13 billion deal with the aim to reshape the investment bank. E*Trade will bring 5 million retail customers and $360 billion in assets and an online bank with cheap deposits that Morgan Stanley can funnel...

Clear, a settlement and clearing blockchain startup, formally announced the closure of a $13 million Series A funding round, led by Fidelity International’s venture capital arm Eight Roads, alongside Telefónica’s Innovation Ventures, Telekom Innovation Pool of Deutsche Telekom,...

Say Technologies formally announced Thursday its Shareholder Communication Platform is available for integration into partner mobile applications. The platform of tools, which allows for increased shareholder engagement and proxy voting, will be integrated and tried within the Fidelity Mobile app,...

Charles Schwab (NYSE: SCHW) is looking to acquire TD Ameritrade (NASDAQ: AMTD) for $26 billion, Fox Business first reported. The deal could be announced as soon as today. In October, Charles Schwab announced it would be slashing its trading commission costs from $4.95 to zero. Brokerages like...

“Stay the course.” That was the advice from both Fidelity Investments Senior Advisor Jennifer Uhrig and The Colony Group Vice-Chair and Principal Bob Globsky on how financial advisors and their clients should deal with the constant ebbs and flows of the market. Speaking at the 2019...

The rapid succession in which the major brokerage firms eliminated trading commissions in early October sent a shockwave through the market. But according to Fidelity CEO Abigail Johnson, the move was a long time coming. “There's a big secular cycle in our industry where we are in a...