Vanguard Group's decision to slash fees for almost half of its U.S. funds is being called a win for both the investment giant ...

The asset manager says the move at 87 funds will save investors $350 million this year.

In other local banking and finance news, Chase files to open more branches in the Philadelphia region and Wells Fargo plans ...

The fee cuts are the largest annual expense ratio reduction in the firm’s 50-year history – and the first major announcement ...

Malvern-based Vanguard is pricing active funds cheaper as it competes with Schwab, Fidelity, and other mass-market money ...

Most funds advertise their fees as something called an expense ratio. It shows what percentage of a fund's total dollars go ...

Vanguard Group Inc. slashed its average asset-weighted expense ratio to just 0.07% across its $10 trillion under management a ...

"The reductions will save Vanguard's investors more than $350 million in 2025 alone, the largest annual expense ratio ...

The move reduces fees on 87 different funds, and 168 total share classes of those funds. The average fee cut is 20% per share ...