SS&C completes acquisition of DST

We are pleased to move forward as one company following the combination of two highly complementary market leaders,” said Bill Stone, Chairman and Chief Executive Officer of SS&C.


Bank of America: Bitcoin Bubble Is Already Popping

The bank published a chart comparing bitcoin with famous financial manias: the Mississippi Company and South Sea Company in the 18th century, gold, the U.S. stock market in 1929 and the Dutch tulip bubble in 1637.


Robos are Going After Bigger Clients

The automated advice firms are clearly attracted to the higher fees they can garner from the additional services offered to wealthier clients, Bloomberg writes.


Merrill Lynch puts a new face on its retirement tools

“Our goal was to make it more intuitive, interactive and simple to tee up the most important information based on our evaluation of how participants use the site,” says Lisa Margeson, head of retirement client experience for BAML.