The Financial Industry Regulatory Authority (FINRA) announced today that it fined Fidelity Brokerage Services LLC $500,000 and ordered the firm to pay nearly $530,000 in restitution for failing to detect or prevent the theft of more than $1 million from nine of its customers, eight of whom were senior citizens.
Fidelity has launched an app for the revamped Apple TV, enabling investors to keep tabs on the markets via the idiot box.
Nomura Securities is to investigate the use of distributed ledger technology in a joint project with IT supplier and consultancy The Nomura Research Institute.
SapientNitro, part of Publicis.Sapient, and Fidelity Worldwide Investment, the worldwide asset management company, have launched an iPad app for all investors.
New Fidelity research finds that emerging affluent investors are nearly twice as likely as millionaires to find a new financial advisor through internet research and more likely than millionaires to find a new advisor through social media.
Nordnet together with Fidelity are the first in Sweden to introduce electronic mutual fund transfers via SWIFT.
FMR LLC and FIL Limited (together "Fidelity") note the recent press speculation regarding Fidelity's all cash final offer to acquire the issued and to be issued share capital of Colt Group S.A. ("Colt") not currently owned by Fidelity (the "Offer").
The independent directors of Colt Group S.A. ("Colt" or "the Company") note the announcement today of a cash offer for the ordinary shares in Colt not already owned by FMR LLC, FIL Limited and certain affiliated parties (together "Fidelity") at a price of 190 pence per share (the "Offer").
Multrees Investor Services, the independent custody and consolidated reporting specialist for wealth managers and family offices, has appointed former Fidelity UK CEO Hugh Mullan as a non-executive director.
Some of the biggest names on Wall Street, including John Mack and Vikram Pandit, have joined a $130 million funding round for Dataminr, a startup that trawls through tweets and other data sources to create alerts for clients such as banks.
© Finextra Research 2016