Finance News

Estate of Hilton Heir Challenges $1.2B Tax Bill

Barron Hilton died in 2019, leaving 97% of his fortune to the family foundation. Some of his children weren't thrilled.

logo.png  By NB  Mar 7, 2024

Former Merrill Lynch Exec Don Plaus to Resurface at Citi

Plaus, who announced his retirement from Merrill Lynch last February, will lead Citi Private Bank North America. He succeeds Halé Behzadi, who will be retiring at the end of March.

logo.png  By NB  Mar 7, 2024

Mesirow Names Brian Price to Lead Wealth Management Business

Serving as interim division head since 2022, Price will oversee organic growth and an accelerated acquisition strategy at the $10 billion firm.

logo.png  By NB  Mar 7, 2024

SEC Scales Back New Pollution-Disclosure Rules for Companies

The SEC voted Wednesday to impose climate-disclosure requirements that will be significantly softer than those it proposed in March 2022 after the agency received thousands of comment letters and numerous litigation threats over the plan.

logo.png  By NB  Mar 7, 2024