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HomeAll NewsMost read newsBusiness Leaders Biography
Age : 52
Public asset : 205,144,668 USD
Biography : Presently, Glenn A. Youngkin is Co-Chief Executive Officer & Director at Carlyle Group Management LL

News Highlights: Top Financial Services News of the Day

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07/22/2020 | 12:16am EDT
Black Regulators Rarely Appointed to Oversee Wall Street 

Senior roles supervising the financial industry have gone overwhelmingly to white officials over the years. Today just one of 21 politically appointed financial regulators at eight agencies is Black, according to new research.

CFTC Chairman Pushes to Finalize Dodd-Frank Rules 

Heath Tarbert has made it his mission to finish implementing several thorny parts of the Dodd-Frank Act, 10 years after the financial reform law was enacted.

Carlyle Co-CEO Glenn Youngkin to Step Down 

Carlyle Group said its co-chief executive Glenn Youngkin will step down, leaving Kewsong Lee in sole charge of one of the world's largest private-equity firms.

UBS's Focus on Wealthy Clients Cushions Against Losses 

Swiss lender UBS said it could start buying back stock again later this year despite the shadow over markets from the coronavirus pandemic.

Arkansas Pension Sues Allianz Over More Than $700 Million Loss 

An Arkansas public pension plan sued Allianz Global Investors and its corporate parent, alleging the money manager violated its fiduciary duties and abandoned risk controls when it sought to reverse February losses by doubling down on a series of unprofitable trades.

Wells Fargo CFO John Shrewsberry to Leave 

Wells Fargo said it would replace its long-serving chief financial officer, the latest executive to leave as the bank's new CEO shakes up top management.

Robinhood Cancels U.K. Launch Amid U.S. Outages, Controversy 

Online brokerage Robinhood Markets canceled its U.K. launch plans, saying 'the world has changed a lot over the past several months.'

Temasek's Net Portfolio Value Falls Marginally to $214 Billion 

Singapore state-owned investment company Temasek Holdings said its net portfolio for the year ended March fell 2.2% to $214 billion and warned of a challenging investment climate ahead.

China's Ant Group Will Bestride Chinese Markets 

Ant Group is named after a small creature, but it is shaping up to be a leviathan of China's markets. Would-be investors must hope that is due to real heft, and not hot air.

Trump Fed Nominees Shelton, Waller Confirmed by Senate Committee 

A controversial Trump administration nominee for the Federal Reserve's policy making board cleared a major hurdle in her path to confirmation Tuesday after a Senate panel voted to support the choice.


Stocks mentioned in the article
ChangeLast1st jan.
ALLIANZ SE 1.30% 163.42 Delayed Quote.-25.17%
THE CARLYLE GROUP INC. -0.72% 27.46 Delayed Quote.-14.40%
UBS GROUP AG 0.13% 11.26 Delayed Quote.-7.89%
WELLS FARGO & COMPANY 0.13% 23.28 Delayed Quote.-56.73%
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