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Bloomberg
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RIA NEWS MAR 04, 2008
Bernanke: Lenders should give helping hand

Financial services and mortgage companies must do more to reduce preventable home foreclosures, Fed chief Ben S. Bernanke said.

FINTECH MAR 04, 2008
Schwab tech exec surveys field

Dan Skiles, vice president of Technology for Schwab Institutional, discussed the many issues his team has confronted.

LIFE INSURANCE AND ANNUITIES MAR 04, 2008
Ambac to stay whole as it waits for infusion

The bond insurer has decided against splitting into two entities, as it prepares to receive up to $3 billion in cash.

RIA NEWS MAR 04, 2008
Commercial building on decline

January was the second month in a row in which spending on non-residential structures decreased.

ETFS MAR 04, 2008
SEC passes proposal easing ETF rules

ETFs could start up more easily and mutual funds could make larger investments in them under the proposal.

ALTERNATIVES MAR 04, 2008
Hedge fund sues Wachovia and Citigroup

The suits were filed in U.S District Court in Manhattan by the $58 million VCG Special Opportunities Master Fund.

LIFE INSURANCE AND ANNUITIES MAR 04, 2008
J.G. Wentworth gets life-settlement licenses

The firm's life settlements units have received provider licenses in 22 states and have filed applications with five others.

FIXED INCOME MAR 04, 2008
Buffett calls recession, rescinds bond offer

"I would say, by any common-sense definition, we are in a recession," said Warren Buffett, CEO of Berkshire Hathaway.

ALTERNATIVES MAR 03, 2008
Hedge fund activist taunts SEC

RIA NEWS MAR 03, 2008
Insuring child to fund college may make sense, some say

Using life insurance to fund college costs has become less popular since the introduction of Section 529 plans, but some financial advisers and carriers insist the strategy still works for some middle-income clients.