Wealthfront Corp.shares closed higher in its trading debut, after the company and some of its shareholders raised $484.6 million in an initial public offering.

Arthur Carter, the investment banker turned publisher who co-founded the Wall Street firm that propelled the careers of former Citigroup Inc. chairman Sanford “Sandy” Weill and former US Securities and Exchange Commission Chairman Arthur Levitt, has died. He was 93.

Four Big Law firms including Skadden and Gibson, Dunn & Crutcher helped cryptocurrency companies win US preliminary approval Friday to perform some banking functions.

Five cryptocurrency firms received preliminary approval to perform certain banking functions from a US regulator on Friday, marking the latest step in the White House‘s embrace of what was once viewed as a risky, fringe industry.

Ford O’Neil, a longtime Fidelity Investments fixed-income manager, plans to step down from his portfolio -management duties next year, capping a 36-year career that helped shape one of the industry’s largest bond franchises.

UK travel retailer WH Smith plc Friday announced another delay to publishing its annual results as it addresses the fallout from accounting errors that forced the resignation of its CEO.