Fidelity
Fidelity Stokes New-Account War, Offering 1.9% on Client Cash
Its core cash-sweep into a high-yielding government money-market fund pressures competitors only days after Fed cut rates.
Bitcoin Bounds Toward $6,000 as More Institutions Embrace Tokens
Bitcoin climbed to a fresh 2019 high, approaching the $6,000 level for the first time since November.
Fidelity Survey Finds Institutional Investors Are Eyeing Crypto
About half of institutional investors consider digital assets to be worthy of holding in portfolios, according to a survey commissioned by Fidelity Investments.
Fidelity Faces State Inquiry Over Fees Charged for 401(k) Plans
The Massachusetts Secretary of the Commonwealth said its securities division sent a letter on Feb. 27 to Boston-based Fidelity requesting information about those fees. The inquiry follows a Feb. 21 lawsuit against Fidelity by an investor in T-Mobile USA Inc.’s 401(k) plan that claims the firm conceals so-called infrastructure fees.
Fidelity Is Said to Plan March Launch of Bitcoin Custody Service
Fidelity Investments is targeting a March launch date for its Bitcoin custody service, according to three people with knowledge of the matter, as the mutual-fund giant moves forward with a plan that could help ease fears of trading cryptocurrencies.
Cash Storms Into Fidelity’s Money Market Funds
Fidelity Investments is dominating a business that is thriving even as stocks and bonds struggle.
Fidelity Pursues New York City Broker Who Left for RIA
Judge grants order restricting WealthPlan Advisors and new advisor who Fidelity Brokerage accused of illegally soliciting clients before and after resigning.
Abby Johnson Prepares Fidelity for a $22 Trillion Shift to Women
In an era of low-cost index funds, it’s tough to be best known for your stockpickers.
Fidelity Bares Teeth Against Brokers Joining Other Firms
For the second time in two weeks, the discount broker goes to court to prevent high-producing advisors from calling former customers at their new advisory firms.
Fidelity Cuts Some Fees to Zero in Price War, Stinging BlackRock
Fidelity Investments is taking the price war in investing to its logical conclusion: no fees at all.
Fidelity Is Said to Fire About 200 Workers for Abusing Benefit
Fidelity Investments has fired about 200 employees who were accused of abusing company benefits, according to a person familiar with the matter.
