Pimco Replaced at $68B Prudential Fund

The video covers several financial topics, starting with Brian Moynihan's insights on the strengthening US economy. It then discusses a study on the SEC's distribution of corporate filings, highlighting a time advantage for certain subscribers. The departure of Bill Gross from PIMCO and its consequences are examined, followed by Fiat Chrysler's announcement to spin off its Ferrari brand and raise funds through a bond offering.

What significant announcement did Fiat Chrysler make regarding its Ferrari brand?

What financial move is Fiat Chrysler planning to undertake in relation to its convertible bond offering?