Federated Hermes, Inc. agrees to acquire the $3.63 billion investment advisory business of C.W. Henderson, a specialist in municipal-bond separately managed accounts

Dayana Jones

Entire team to join Federated Hermes and continue managing portfolios PITTSBURGH, July 18, 2022 /PRNewswire/ — Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, reached a definitive agreement to acquire substantially all of the assets of C.W. Henderson and Associates, Inc., a Chicago-based registered investment advisor […]

Goldman Sachs (GS) 2Q 2022 earnings

Dayana Jones

Goldman Sachs on Monday posted profit and revenue that exceeded analysts’ estimates as fixed income traders generated roughly $700 million more revenue than expected. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $7.73 vs. $6.58 […]

Celsius Network was a ‘Ponzi scheme,’ company’s former investment manager alleges in lawsuit

Dayana Jones

Beleaguered crypto lender Celsius Network operated as a classic “Ponzi scheme,” the former head of the company’s key investment strategy alleged in a lawsuit, claiming the company used customer deposits to cover huge liabilities caused by reckless mismanagement. Jason Stone, whose company KeyFi partnered with Celsius to run its decentralized […]

Why ESG is a Business Investment

Dayana Jones

By Emmeline De Chazal, ESG specialist at e-learning compliance training firm, Skillcast. ESG has become a catch-all phrase describing a firm’s moral considerations. Demonstrating high standards of ethical conduct in business and a commitment to sustainability and social justice is a trend that is on the up. However, there is […]

Pueblo’s Parkview wins achievement awards

Dayana Jones

Parkview Health System has been awarded quality achievement awards for its work with stroke and heart failure patients. The “Get With the Guidelines” awards honor the Pueblo hospital’s staff for commitment to ensuring stroke and heart failure patients receive the most appropriate treatment according to nationally recognized, research-based guidelines which […]