Its core cash-sweep into a high-yielding government money-market fund pressures competitors only days after Fed cut rates.
Bitcoin climbed to a fresh 2019 high, approaching the $6,000 level for the first time since November.
About half of institutional investors consider digital assets to be worthy of holding in portfolios, according to a survey commissioned by Fidelity Investments.
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 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.
Judge grants order restricting WealthPlan Advisors and new advisor who Fidelity Brokerage accused of illegally soliciting clients before and after resigning.
In an era of low-cost index funds, it’s tough to be best known for your stockpickers.
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 Investments is taking the price war in investing to its logical conclusion: no fees at all.
Fidelity Investments has fired about 200 employees who were accused of abusing company benefits, according to a person familiar with the matter.