Custody success clears path to top for JPMorgan’s Miller
Custody may not be a particularly glamorous business. But Heidi Miller's successful stint at JPMorgan's securities services unit has cleared a path to the top for the Jamie Daimon loyalist.
Cheap source of startup capital? Your 401(k)
Investors are taking advantage of a loophole that lets them use their pension money to invest in new businesses -- tax free. But snares await
BlackRock’s Stattman, other top investors placing chips on blue chips
Okay, large caps are boring. But top asset managers like Dennis Stattman and Jeremy Grantham see a 'once-in-a-lifetime' buying opportunity in these undervalued -- and dividend paying -- stocks.
Looking to start a brokerage overseas? Cross Venezuela off your list
Venezuelan brokerages seized by the government will be permanently closed and probably liquidated by the end of the…
Benchmark beaters? Only two of 10 largest mutual funds fit the bill
Fidelity Investments' Contrafund and Growth Company Fund are alone among the 10 largest U.S. stock mutual funds in beating their benchmarks this year, as Vanguard Group Inc. and Capital Group Cos. offerings trailed their indexes.
Paging P.T. Barnum: Fees on some broker-sold notes exceed possible return
Complex reverse convertibles mostly sold to individual investors; 'inconceivable'
T. Rowe sees inflows, earnings surge — but stock price sinks
Buoyed by new deposits in retirement funds, asset manager reports nearly 60% rise in profits in second quarter
BP’s crumbling credit rating: From AA+ to near junk in 12 days
Fitch slashes embattled energy company's senior unsecured debt rating six notches. Is non-investment grade the next stop?
Retail investors flocking to ‘one of the all-time suckers’ bets’
Drawn by tales of fast money in the land of iron condors, retail traders are swarming the futures market. But do they know what they're doing?
JPMorgan shuffles execs, sets stage for Dimon’s successor
JPMorgan Chase CEO Jamie Dimon named longtime associate Heidi Miller to the new post of president of J.P. Morgan International as part of a management shuffle to groom an eventual successor.