Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

NEWS ABOUT: Fidelity

Four in 10 Millionaires Don't Think They're Rich

Many say they'd need $7.5 million to feel really wealthy

(Newser) - Poor millionaires. Sure they have more money than around 98% of the population—but does that really make them rich? Around 42% of them don’t think so, and fret over their retirement savings, according to a new survey from Fidelity Investments. “They are still worried about outliving... More »

Fidelity Fires Four Workers —Over Fantasy Football

Employees get the boot, argue policy is totally lame

(Newser) - Fidelity Investment has fired four of its employees after discovering they were heading up dangerous gambling rings, also known as fantasy football leagues. In a nightmare scenario for guys everywhere, the commissioners of four office leagues were sacked recently, the Fort-Worth Star Telegram reports, after company officials intercepted some nefarious... More »

Fidelity Pays $8M in SEC Gift Scandal

Investor giant Peter Lynch fined $20K for procuring tickets to concerts, games

(Newser) - Investment guru Peter Lynch and Fidelity Investment settled SEC charges brought against them alleging that Lynch used Fidelity traders to procure tickets to high-profile concerts and sporting events. Lynch, vice chairman of Fidelity's parent company, agreed to pay $15,948 for the tickets, plus $4,183 in interest. Fidelity will... More »

Exit Scrambles Fidelity Succession Picture

Mutual-fund giant loses possible heir apparent

(Newser) - A top Fidelity Investments exec has resigned her post, reigniting speculation about the closely held firm's line of succession, reports the Wall Street Journal. Ellyn McColgan, 53, who was president of a division of the largest American mutual-fund company, was seen as a front-runner in the race to succeed 77-year-old... More »

4 Stories
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne