Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The SEC…
A group of high powered investors want to raise billions to form a new international basketball league, according to…
An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits,…
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan…
Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct…
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping —…
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and…
Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks…
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark…
