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Tag: clients

BlackRock’s Bitcoin clients are not supporting the argument for global payments.

BlackRock's Bitcoin clients are not supporting the argument for global payments.

BlackRock Insights on Bitcoin and Stablecoins Robbie Mitchnick, who leads the digital assets division at BlackRock, shared that many clients of the huge asset management firm don’t see Bitcoin as a viable option for everyday transactions when evaluating investment opportunities. “For us, and for most clients today, I don’t think they’re really taking on that […]

CBA leader states that refunding ‘excessive fees’ to low-income clients might be perceived as using shareholder funds.

CBA leader states that refunding 'excessive fees' to low-income clients might be perceived as using shareholder funds.

Commonwealth Bank Faces Scrutiny Over Fees to Low-Income Customers The leader of Australia’s largest bank, Commonwealth Bank (CBA), recently stated that refunding hundreds of millions of dollars in fees to low-income clients would be a “misappropriation” of funds meant for shareholders. During a parliamentary committee hearing in Canberra on Tuesday, CBA Chief Executive Matt Kamin […]

Pregnancy centers reach over 1 million clients for the first time in 2024, research finds

Pregnancy centers reach over 1 million clients for the first time in 2024, research finds

Rise in Visits to Pregnancy Resource Centers Post-Dobbs Following the Supreme Court’s significant Dobbs ruling, facilities aimed at preventing abortions are seeing a surge in visitors, according to a study published Monday. The Charlotte Rozier Institute, affiliated with the pro-life group SBA Pro-Life America, mentioned in its annual report that the commonly referred to Pregnancy […]

Clients of the NYC wine store Sherry-Lehmann are finally receiving their wine again.

Clients of the NYC wine store Sherry-Lehmann are finally receiving their wine again.

After more than two years, long-time customers of Sherry Lehman are finally reclaiming their wine. The well-known Park Avenue wine shop is set to permanently close in March 2023, unable to renew its liquor license after 89 years of operations. Many patrons of the famed Wine Cave had previously shouted for prized bottles, only to […]

Fidelity clients can no longer access their 401(k) plans. Some view this as an unbelievable takeover, while the company claims it’s for security reasons.

Fidelity clients can no longer access their 401(k) plans. Some view this as an unbelievable takeover, while the company claims it's for security reasons.

In the ongoing tussle between major investment firms and fintech platforms for control over customers’ retirement accounts, some clients feel stuck in the crossfire. Recently, Fidelity’s new policies have ramped up tensions, particularly when they began limiting third-party financial advisors’ access. This has led to many customers losing online access to their 401(k) accounts, especially […]

Bank’s settlement turned down: Will clients still receive money?

Bank's settlement turned down: Will clients still receive money?

Federal Judge Rejects $425 Million Settlement with Capital One Many individuals with accounts at major U.S. banks were looking forward to receiving payments from a recent settlement. However, a federal judge has turned that settlement down. U.S. District Judge David Novak, based in the Eastern District of Virginia, rejected Capital One’s $425 million settlement linked […]

UBS postpones transition for certain wealthy Credit Suisse clients, sources indicate

UBS postpones transition for certain wealthy Credit Suisse clients, sources indicate

UBS Faces Setback in Credit Suisse Client Migration ZURICH, Nov. 11 – UBS has encountered a delay in transferring some of Credit Suisse’s ultra-wealthy clients to its platform, representing an unusual hiccup in what has otherwise been a relatively smooth integration process. This delay raises concerns about UBS’s ability to meet its end-March deadline for […]