At the University of Tampa, Anthony Viggiano and three classmates faced off against another school in the 2018 “Ethics Invitational.” Hosted by the CFA Institute’s local branch, the competition tested which team could best tackle dilemmas they’d face as financial professionals. Viggiano’s team won and walked off with a $1,000 prize. A few...
A smaller share of wealthy households donated money to charitable causes in 2022 amid rising economic uncertainty, according to a new report from Bank of America Corp. About 85% of affluent U.S. households made charitable contributions in 2022, down from 88% in 2020, according to a biennial study by Bank...
The world’s top bankers and investors mostly stayed away from last year’s United Nations climate conference in the Egyptian resort town of Sharm El-Sheikh. But holding December’s COP28 meeting in Dubai, one of the world’s major financial centers, pretty much guarantees they’ll make a much bigger showing. Banks including Barclays Plc, Citigroup Inc. and...
Izzy Englander’s Millennium Management is in discussions to invest billions of dollars with Schonfeld Strategic Advisers in a rare partnership deal between two industry heavyweights, according to people familiar with the matter. Schonfeld, with about $13 billion of assets under management, would handle money for Millennium, which oversees about $60...