The Wall Street banking giants are joining to a growing roster of global financial firms to offer tokenized versions of ...

Bank of New York Mellon Corp. and Goldman Sachs Group Inc. are collaborating to use blockchain technology to maintain an ...

Analysts at the financial giant JPMorgan Chase think Goldman Sachs' new partnership with BNY is a “significant leap forward” ...

Goldman Sachs and BNY Mellon are tokenizing money market funds to stay competitive as stablecoin adoption surges. JPMorgan ...

According to LSEG Lipper data, U.S. investors bought a net $66.24 billion worth of money market funds during the week, registering their largest weekly net purchase since December 4, 2024.

Money market account vs. money market fund: What's the difference and which one is right for you? These two accounts share a similar name but serve very different purposes. Published Fri, Mar 28 2025 ...

The average money market fund fee is 0.38%, which is sharply higher than the 0.05% average fee on an index equity mutual fund, according to the Investment Company Institute (ICI).

Investors poured their assets into money market funds earlier this month — over $66 billion worth over a week, according to Reuters. That’s the largest inflow since early December 2024.

Of the 78 money funds that asked for help from their management firms, 21 would have broken the buck without that assistance, according to the Fed study. And 32 funds needed help more than one time.

Investor Chamath Palihapitiya recently flagged the trend, saying that the “market is risk-off,” while referring to money market funds hitting a record high of $7.24 trillion in May.

For example, the 3-month Treasury Bill, commonly used as a proxy for money market rates, averaged 0.51% from 2010 through 2021, and sat at 0.02% as of May 2021. It topped 5% in 2023-2024 as the ...