Goldman Sachs and Lehman Brother's profit fell more than 50% in the first quarter but managed to beat Wall Street estimates.
Connecticut is seeking to become the first state to offer a low-cost 401(k) plan designed for small businesses.
As U.S. markets sink lower, money managers are busy capitalizing on India's booming economy.
Lipper Inc., responding in part to investors' increasing appetite for sector, target date and international funds, is revamping its fund classification system.
It soon may become easier for mutual funds to invest in exchange traded funds, but industry experts are divided as to whether funds will rush to invest in a product that is sometimes depicted as a competitor.
National Planning Holdings Inc. posted strong results for 2007, while Conseco Inc. posted a write-down for the fourth quarter.
Pets Best Insurance Services is bringing coverage to man's best friends through banks and employee benefit providers.
Ambrose Bierce, the famous American journalist, defined the word "oath" as a "solemn appeal to the deity, made binding upon the conscience by a penalty for perjury."
The mutual fund industry's push for raising taxes on exchange-traded notes may come back to hurt the industry when it asks Congress to defer taxes on mutual funds, the ranking minority member of a House Ways and Means subcommittee said.
In a bid for higher returns amid a dismal stock market environment, some mutual fund companies are offering investors access to high-risk private-equity investments.
