Bloomberg Wells Fargo & Co nabbed a spot among the top 10 advisers on mergers and acquisitions last year, a first for the firm as it ramps up its investment bank under Chief Executive Officer Charlie Scharf. The bank ranked eighth in 2022, more than tripling its market share from the prior year and pulling off an increase in …

  Bloomberg After the biggest loss for 60/40 portfolios since the global financial crisis, better days may lie ahead for the trillion-dollar complex of balanced investment strategies. Amid optimism that inflation has peaked, more than 60% of 610 respondents to the latest MLIV Pulse survey are betting stocks and bonds will move in opposite directions this year — re-establishing a …

  Bloomberg US futures rise with stocks as signs of China’s recovery and resilience in Europe stoked optimism about the global economy. Treasuries and the dollar also gained. Contracts on all three major US gauges gained more than 1%, signalling a strong start to the first day of trading on Wall Street this year. Tesla Inc. dropped 4.1% in premarket …