The bank will separate its investment banking, global asset management and wealth management units.
The repurchase program will begin sometime before Sept. 30 and involve $4.5 billion of auction rate securities.
A couple should consider setting up a 529 college savings plan to minimize the effect of spiraling tuition costs.
Raymond James' two primary broker-dealers are being scrutinized over ARS sales.
Qualifying investors will have the option of getting their claims heard by a three-person panel of arbitrators.
U.S. exchange traded fund assets totaled about $575 billion as of June 30, down 5.4% from the beginning of the year.
Incomplete codes of ethics and codes of ethics that aren't followed were cited as two common problems found by Securities and Exchange Commission examiners at investment advisory firms.
Berkshire Hathaway reported net earnings declined to $2.88 billion from $3.12 billion a year ago.
The Hartford Financial Services Inc. today appointed Marc Lieberman president and chief executive of Hartford Life.
