It looks a bit disappointing. Net new money is rather small and investment banking doesn't look great.

Many investors are speculating on a takeover offer.

The stock is cheap and many investors are speculating on a takeover offer, thus it's no surprise that the shares are reacting quite strongly.

Carbon saving can be a way of making money and increasing returns on investment. It makes economic opportunities of a climate-friendly energy policy real and tangible.

Pitch counts have gotten into everybody's brain. Guys make so much money now. You want to protect your investment. You don't want to abuse your pitchers.

At a lot of Vanguard funds the minimum investment is $3,000. That's a big chunk of money.