Diversified Investment Advisors Inc., a pension investments manager, will become a subsidiary of Aegon USA Inc. by yearend, if regulators approve.
Diversified, which is based in Purchase, N.Y., will give Aegon investment and administrative support. Aegon USA, a retirement plan sponsor with $20 billion in assets, specializes in life and health insurance as well as annuity and investment products.
Banks such as TD, Wells Fargo and Bank of America drew attention this year for money-laundering issues. That's one of several top regulatory news items in 2024.
The Federal Reserve is poised to make several key decisions during the year ahead that will impact monetary policy both in the near term and for years to come.
From embedded finance to artificial intelligence to real-time processing, there are plenty of sources of competition and opportunity in the new year.
The integration of J.P. Morgan's Fusion platform with FactSet aims to give buy-side clients the same level of analytics available to the sell side.
The Treasury Department extended deadlines for businesses to file beneficial ownership information after a court lifted a nationwide injunction on the reporting requirements.
On her way out the door, SBA Administrator Isabel Casillas Guzman issues licenses to four more nondepository lenders.
