Annie Massa
ThinkAdvisor
New York, NY, United States
Contact Annie
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
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Past articles by Annie:
Robinhood Subpoenaed by SEC Over Crypto Business
The probe comes as financial watchdogs take a more aggressive approach to crypto in the wake of FTX’s collapse. → Read More
AllianceBernstein Cuts More Than 100 Jobs
Firms industrywide have eliminated positions recently as they respond to business line slumps and prepare for possible recession. → Read More
BlackRock’s Fink: Most Crypto Firms Will Fold
“I actually believe most of the companies are not going to be around,” the CEO said Wednesday during the New York Times DealBook Summit. → Read More
Fidelity Opens Wait List for Zero-Fee Retail Crypto Trading
The firm says invitations will be sent based on the timing of sign-ups and state eligibility. → Read More
Robinhood Cuts 23% of Staff
The app-based brokerage dismissed 780 people and also announced the departure of a top executive Tuesday. → Read More
Fidelity, Charles Schwab Backing Cryptocurrency Trading Platform
This would be the first big crypto push from Citadel Securities and Virtu, dominant trading firms in traditional markets. → Read More
What Happened When a Wall Street Investment Giant Moved to Nashville
AllianceBernstein relocated 1,000 jobs in an effort to save $80 million a year. While employees who made the move relish the shorter commutes and higher quality of life, some complain of career stagnation and troubles hiring. → Read More
Vanguard Stumbles In Pivot From Cult of Jack Bogle
For diehard fans of the company’s founder, what’s at stake is the very soul of the $8 trillion mutual-fund giant. → Read More
Robinhood Readies Feature That Lets Users Lend Out Stocks
Robinhood Markets Inc.’s plan to let users loan out their stocks to other financial institutions -- a program known as fully paid securities lending -- is taking shape within its app, part of a push to compete with more conventional brokerages. → Read More
A Billionaire’s Heir Hangs Up His Healing Crystal to Fix Capitalism
William Peterffy spent his career avoiding working for his Wall Street tycoon father at Interactive Brokers—until ESG became a thing. → Read More
SSGA CEO to Retire
Cyrus Taraporevala, who joined State Street Global Advisors in 2016, will stay on until the Boston-based firm finds a successor. → Read More
Robinhood, Citadel Win Dismissal of Meme-Stock Lawsuit
Retail investors had accused the firms of colluding during January’s meme-stock frenzy. → Read More
Just When You Think the YOLO Trade Is Done, Another Meme Comes Along
The gains on faddish investments may not last, but the urge to speculate never dies. → Read More
Betterment Valuation Rises to $1.3B on Funding Round
The robo-advisor also attracted funding from Aflac Ventures a division of insurer Aflac Inc. and several other firms. → Read More
Fidelity Pushed for Bitcoin ETF Approval in Private SEC Meeting
Executives including Tom Jessop, president of Fidelity Digital Assets, met with SEC officials in a Sept. 8 video call, filings show. → Read More
State Street Buying Brown Brothers’ Unit for $3.5B
State Street and the BBH unit had combined assets under custody of about $37 trillion as of June 30 versus $45 trillion for BNY Mellon. → Read More
Fidelity to Hire 9,000 Workers
The latest hiring push is its third in less than a year reflecting an investing boom that has lifted the entire trading industry. → Read More
BlackRock, Wells Fargo Delay Return to Office on Delta Concerns
Wells Fargo has resumed a rule that employees now working in offices wear masks regardless of their vaccination status. → Read More
Vanguard Offers $1,000 to Employees to Get Vaccinated by October
Vanguard rival BlackRock recently adjusted its plans prohibiting unvaccinated employees from entering U.S. offices starting in July. → Read More
Vanguard Offers $1,000 to Employees to Get Vaccinated by October
Vanguard Group Inc. is offering $1,000 to employees who get vaccinated by October, according to a person familiar with the matter. → Read More