E-Learning

Citi to sell wealth alternatives unit to fintech firm iCapital

The unit, Citi Global Alternatives, represents more than 180 funds distributed by the bank across asset classes including private equity, infrastructure, hedge funds, and private credit. New York-based iCapital will manage and operate the platform, while Citi will remain the distributor for the funds and offer guidance to clients on the role of alternative investments.

Read more

3 Beaten-Down Dividend Stocks With Yields Over 5% to Buy in May for Passive Income

While the S&P 500 dividend yield is just 1.3%, some stocks have far higher yields either because they have steadily raised their payouts or their stock prices are down big, pushing up the yield. United Parcel Service (NYSE: UPS), APA Corporation (NASDAQ: APA), and Robert Half (NYSE: RHI) are three dividend stocks whose yields have ballooned above 5% due to falling stock prices. Here's why all three companies are worth a closer look in May.

Read more