Vanguard scores quick non-aggression pact with FDIC by surrendering proxy powers but analyst asks: 'Why die on that bridge?'
The Malvern, Pa. fund giant eased fears it might be forced to reduce its bank holdings, which would jeopardize the accuracy of its index fund tracking, but not before signing away much of its power to influence U.S. banks -- and accepting massive ongoing regulatory scrutiny.

Randy

Brooke Southall

Randy
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The RIA firehose of news is rife with tactical moves to shore up voids, play catchup and react to a new concept of political tailwinds
January 11, 2025 at 3:01 AM
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Envestnet quietly cleans up a mess behind take-private veil • Michael Kim is now a two-TAMP CEO • Bill Ackman scolds Trump, Lutnick for tariff overkill, alleged conflicts •
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April 8, 2025 at 1:49 AM
2025 will be the year of 'Under New Management' in RIA business, after 2024 brought profusion of CEO-level fires, hires and deals
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