UBS in Talks to Sell Hedge Fund Unit to Cantor Fitzgerald

Published on May 9, 2025

UBS seeks to trim riskier businesses as it faces extra capital requirements of as much as $25 billion.

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Cetera Taps Ex-Equitable Exec to Lead Branch Office Model

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John Lefferts will oversee more than 450 advisors in Cetera Investors branch offices across the United States.      Related StoriesLPL CEO Pledges Continuity for Commonwealth AdvisorsVanguard, Blackstone, Wellington to Launch Private Markets FundTrump Cautions GOP on Tax Hike for Rich, But He's ‘OK' With It

Treasury Yields Snapshot: May 9, 2025

May 9, 2025
The yield on the 10-year note ended May 9, 2025 at 4.37%. Meanwhile, the 2-year note ended at 3.88% and the 30-year note ended at 4.83%.