News Results

  1. 2024 U.S. Latino GDP Grows by 13% to $3.6 Trillion; The World?s Fifth-Largest Economy is Now Projected to Surpass Japan and Germany by 2027
    Business Wire | 09/12/24 07:00 AM EDT

    2024 Official LDC U.S. Latino GDP Report? spotlights unmatched labor force participation, entrepreneurship, educational attainment, and key industry sectors driving growth, with new forecasts through 2029 The release of the new report sets the stage for the 2024 L?ATTITUDE Conference in San Diego, featuring four days of revelatory insights and discussions on the U.S. Latino cohort SAN DIEGO----...

  2. Pantheon makes trio of senior appointments to drive innovation and growth in key markets
    Business Wire | 09/12/24 06:30 AM EDT

    LONDON---- Pantheon, a leading global private markets investor, is delighted to announce the appointment of Arnab Mazumdar as Partner and Chief Data & Innovation Officer, as well as two new Managing Directors, Christian D?Amico and Brian Hanson, to continue to expand the firm?s presence and reach in key global growth markets.

  3. PGIM survey: Investors to continue risk-on appetite in 2025, despite geopolitical uncertainty
    Business Wire | 09/10/24 08:00 AM EDT

    A new survey from PGIM, the $1.33 trillion global asset management business of Prudential Financial, Inc.,* finds that amid trade tensions between the U.S., Europe and China, major elections in over 70 countries this year, military conflicts, and structural changes in the global economy, more than half of top institutional investors say the threat level to their investments from geopolitical ri...

  4. Accenture Invests in EMTECH to Modernize Central Bank Operations
    Business Wire | 09/10/24 05:59 AM EDT

    Accenture (ACN) announced that it has invested in EMTECH, a global financial technology company that provides software-as-a-service platforms to help central banks streamline, connect and modernize their processes and operations. This press release features multimedia.

  5. ImmunityBio Presents Positive Long-Term Overall Survival Data?in Non-Small Cell Lung Cancer Patients and Announces Registrational Intent Phase 3 Trials with ANKTIVA? and Checkpoint Immunotherapy?at World?Conference?on?Lung?Cancer?
    Business Wire | 09/09/24 08:30 AM EDT

    CULVER CITY, Calif. The phase 2b study of ANKTIVA in combination with checkpoint inhibitors KEYTRUDA or OPDIVO in multiple tumor types including NSCLC who failed CPI showed long-term overall survival of 57 percent and 34 percent at 12 and 18 months respectively, exceeding the current standard of care.

  6. U.K. Financial Conduct Authority Issues Final Announcement Regarding the Cessation of U.S. Dollar LIBOR?
    Business Wire | 09/09/24 05:00 AM EDT

    Intercontinental Exchange, Inc. (ICE), a leading global provider of technology and data, today notes the final announcement from the U.K. Financial Conduct Authority regarding the cessation of U.S. dollar LIBOR?. The FCA has confirmed that it will not use its powers under the U.K. Benchmarks Regulation to compel ICE Benchmark Administration Limited, the authorized and regulated administrator of LIBOR...

  7. Latino Donor Collaborative to Release Groundbreaking 7th Edition of U.S. Latino GDP Report at L'ATTITUDE 2024
    Business Wire | 09/04/24 01:42 PM EDT

    Nation?s leading resource on Latino economic contributions will present comprehensive new data and deeper analysis on the fastest-growing cohort of Americans The Latino Donor Collaborative, a nonprofit organization and think tank dedicated to producing economic research on the U.S. Latino cohort, announced today it will release the 2024 Official LDC U.S. Latino GDP Report on September 12, 2024.

  8. Digital Money, including Tokenized Deposits, on the Uptick as Traditional and Digital Assets Converge, Citi Survey Shows
    Business Wire | 09/04/24 02:00 AM EDT

    LONDON---- With the ongoing commercialization of distributed ledger technology and digital assets, the use of digital money going beyond central bank digital currencies is set to significantly increase, according to Citi?s latest and fourth edition of its Securities Services Evolution whitepaper series.

  9. Vitruvian Partners to Sell Benify to Zellis Group, an Apax Fund Portfolio Company
    Business Wire | 09/03/24 05:23 AM EDT

    Vitruvian Partners, the global growth- and technology-focused investment firm, has signed an agreement to sell Benify, a global benefits administration software provider, to Zellis Group, a leading provider of human capital management, payroll, and benefits administration software solutions, and portfolio company of funds advised by Apax Partners LLP.

  10. KBRA Comments on Customers Bancorp, Inc., and Customers Bank Written Agreement with the Board of Governors of the Federal Reserve System
    Business Wire | 08/29/24 10:49 AM EDT

    On August 8, 2024, the Federal Reserve Bank of Philadelphia disclosed that it had entered into a Written Agreement with Customers Bancorp, Inc. (CUBI) of West Reading PA and its wholly owned subsidiary, Customers Bank, regarding deficiencies in compliance policies and practices connected to its digital asset strategy, including an operating platform to allow for tokenized payments for customers.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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