Abigail Johnson News

22.11 / 16:01

Fidelity Fidelity Investments Bitcoin Senators US Senators Ask $4.5 Trillion Investment Firm Fidelity to Reconsider Exposure to Bitcoin in Wake of FTX Implosion

Three US senators asked the major financial services firm Fidelity Investments to reconsider exposing workplace retirement plans to bitcoin (BTC).

09.02 / 14:34

markets Provident Strategy Bill performer reports Fidelity executive leadership undergoes another shakeup

Fidelity Investments has undertaken one of the most extensive executive reshuffles in Abigail Johnson’s almost decade-long tenure as chief executive.

04.07 / 15:01

Provident Wimbledon 2023: How to watch live telecast, streaming?

Today at Wimbledon: Catch the day's best moments on BBC Two and iPlayer at 9pm. Qasa Alom hosts the show, providing highlights from the day's matches along with special guests. Wimbledon Coverage on BBC News TV Ne

29.11 / 13:33

New York State First US State where you can no longer mine crypto: Law Decoded, Nov. 21-28

The state of New York became the first one in the United States to impose a moratorium on proof-of-work (PoW) mining, albeit only for two years. Last week, New York governor Kathy Hochul signed the moratorium into a bill, prohibiting any new mining operations that aren’t based on 100% renewable energy. The renewal of licenses would also be frozen. In eight months, the anti-mining bill made its way from the first passing through the state Assembly to the governor’s pen.

22.11 / 09:11

business Adoption Congress Bitcoin Senators US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up

United States senators Elizabeth Warren, Tina Smith, and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product.

29.07 / 11:38

Adoption Investments Bitcoin Senators Democratic senators chide Fidelity Investments for BTC-exposed retirement funds

Three United States senators have written to Fidelity Investments CEO Abigail Johnson demanding an explanation for the financial services company’s decision to include Bitcoin-exposed funds in its 401(k) retirement plans. “This decision is immensely troubling,” they wrote.

09.05 / 22:39

Law Europe Congress Law Decoded: Crypto retirement plans get hot with Warren and Lummis making their moves, May 2–9, 2022

Retirement plans still largely remain at the periphery of both crypto adoption and the regulatory discussion. But last week, a major development emerged in this department. United States Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota became concerned about Fidelity’s recent announcement of adding Bitcoin (BTC) to its clients’ 401(k) retirement investment menu. In a letter to the company’s CEO Abigail Johnson, the lawmakers expressed their uneasiness over a “conflict of interests” and the “significant risks of fraud, theft and loss,” requesting from Fidelity a detailed outline of risk mitigation actions.

06.05 / 10:31

CEO Bitcoin pension Here’s why Elizabeth Warren is concerned over Fidelity’s bitcoin pension plan

Senator Elizabeth Warren voiced concerns about Fidelity Investments' plan to include bitcoin in customers' 401(k) accounts, calling it "a risky and speculative gamble."

06.05 / 07:21

regulation Investments Bitcoin Regulation Bitcoin Financial Senator's Financial Freedom Act would ensure Bitcoin can be in your 401(k)

Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbered by regulatory guidance.

05.05 / 16:03

business Government Bitcoin Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s

The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two Senators flagging some issues in Fidelity Investments’ plans to include Bitcoin (BTC) in 401(k) accounts.

27.01 / 05:55

Reddit BlackRock Why Fidelity is taking a chance on the Reddit army

Fidelity Investments Chief Executive Abigail Johnson, the granddaughter of the financial behemoth’s founder, checks the pulse of the investing world from an unlikely place these days: Reddit’s stock-picking forums.

26.01 / 11:15

Reddit BlackRock Why Fidelity is taking a chance on the Reddit army

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