Fidelity notches record profit and revenue despite a slowdown in stock markets
Fidelity's operating income rose 19 percent last year, while revenue increased 12 percent to a record $20.4 billion.
Fidelity's operating income rose 19 percent last year, while revenue increased 12 percent to a record $20.4 billion.
Fidelity Investments, which handles more than $7.2 trillion in client assets, announced a new and separate company called Fidelity Digital Asset Services on Monday.
Fidelity Investments raised $1 billion in assets when it launched the mutual fund industry's first no-fee index funds last month. It is now doubling down, launching two more no-fee portfolios covering the US stock market.
'We have a culture of compliance and integrity'.
Making adjustments to their staffing levels ?
These asset managers have reduced fees and waived commissions to attract more investors who want rock-bottom prices for funds that track the market.
David Tulk, formerly head of global macro strategy at Toronto-Dominion Bank, is taking a new post at Fidelity Investments.
Abigail Johnson has taken another big step toward being the next leader of Fidelity Investments after the company said she will add the title of chief executive to her duties.
Fidelity Investments is working with other asset managers to create a new trading platform aimed at lowering costs for its customers.
Everything you must know about how to get Super Horns in Mario Kart Tour to complete the 'land five hits' challenge.
Fidelity's operating income rose 19 percent last year, while revenue increased 12 percent to a record $20.4 billion.
Fidelity Investments, which handles more than $7.2 trillion in client assets, announced a new and separate company called Fidelity Digital Asset Services on Monday.
Fidelity Investments raised $1 billion in assets when it launched the mutual fund industry's first no-fee index funds last month. It is now doubling down, launching two more no-fee portfolios covering the US stock market.