| | Morgan Stanley said on Thursday it would buy investment management firm Eaton Vance Corp for about $7 billion in a cash-and-stock deal. | |
| Investors are looking for bargains among healthcare stocks, even as prospect of a Democratic “Blue Sweep” in next month’s elections threatens more volatility for a sector already trading near a historical discount to the broader market. | |
| African Americans still pay more than any other group to own a home, a disparity that over 30 years contributes to roughly half the current $130,000 gap between Blacks and whites in savings at retirement, a recent Massachusetts Institute of Technology shows. | |
| Activist investor Daniel Loeb on Wednesday urged Walt Disney Co to forgo paying a dividend and use the cash to make and buy more programming for its Disney+ streaming service as it battles tech giants Netflix and Amazon . | |
| Hedge fund Sachem Head Capital Management said on Wednesday that it owns a $1.2 billion stake in Elanco Animal Health Inc and plans to push for changes at the company that makes medicines and vaccinations for pets and livestock. | |
| Barclays plans to enter four new European private banking markets in 2021, its regional manager for the business told Reuters. | |
| Bank of America Corp said on Monday it is rolling out a digital financial planning tool, wading into a space that has so far been dominated by fintech companies. | |
| Pictet Asset Management is opening its first U.S. office in New York City, to be led by Elizabeth Dillon, previously its head of global financial institutions, it said on Monday. | |
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