Big Banks Start Charging Clients for Euro Deposits -- 2nd Update
Abigail Johnson named CEO of Fidelity Investments
UPDATE: Abigail Johnson named CEO of Fidelity Investments
10 biggest financial-market events of the week -2-
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The municipal market's biggest July decline in a decade is leading investors such as Vanguard Group Inc . to bet history is on their side as they buy with yields close to a two-year high.
Investors withdrew money last month from Vanguard Group Inc .'s emerging-markets exchange-traded fund, the industry's largest, after the firm said it would replace the fund's index.
With its seasoned management team, relatively cautious approach, and rock-bottom expenses, Vanguard High-Yield Corporate will offer a smoother ride than many of its peers.
UPDATE: Here's why the biggest ETF managers are getting bigger