Envestnet sets up RIA for new embedded investment solution for financial institutions

Envestnet has launched a new embedded investment platform to empower banks and other financial institutions offer a more holistic service to their customers. The firm has established an SEC-registered investment advisor called Envestnet Embedded Advisor to be the asset manager for the embedded financial solutions while investment accounts will be...

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Coca-Cola (KO) Q3 2023 earnings

A Coca-Cola truck in New York City.Alexi Rosenfeld | Getty ImagesCoca-Cola is expected to report its third-quarter earnings before the bell Tuesday.Here's what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting:Earnings per share: 69 centsRevenue: $11.44 billionThe beverage giant's stock has fallen 15% this year,...

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UniCredit beats third-quarter profit estimates, keeps 2023 outlook

The logo of Italian international banking group UniCredit stands on the facade of the group headquarters, located in the Porta Nuova district, as seen from the viewpoint of Palazzo Lombardia on September 29, 2023 in Milan, Italy.Emanuele Cremaschi | Getty Images News | Getty ImagesItaly's UniCredit on Tuesday beat...

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Norway’s sovereign wealth fund loses $34 billion in the third quarter

The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's $1.4 trillion sovereign wealth fund, the world's largest, on Tuesday reported losses of 2.1% in the third quarter, as all asset classes fell in value.The so-called Government Pension Fund Global...

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