In response to the credit crisis, a group of financial industry executives unveiled a plan today to improve risk management.
The Vanguard Group reopened the Vanguard Explorer Fund and the Vanguard Health Care Fund to new shareholders.
Prudential Financial yesterday agreed to settle allegations from the SEC that it used reinsurance contracts to overstate its income by more than $200 million.
Falling oil prices and a recovering stock market have halted the precipitous drop in consumer confidence prevalent throughout 2008, according to new data.
The nation's largest brokerage firm will buy securities held by 30,000 clients.
Jim Pallotta, a fund manager at Tudor Investment Corp., will start his own investment firm in 2009.
Marsh & McLennan Cos. of New York reported that its second quarter profit fell 63%to $65 million, or 13 cents per share.
The Securities and Exchange Commission has announced a “preliminary settlement” with Citigroup.
Twelve finalists for the second annual Community Leadership Awards have been named.
After posting an 11.25% drop in June, real estate investment trusts rebounded in July, rising 2.8% for the month, NAREIT and FTSE Group reported today.
