The American Bankers Insurance Association has elected three financial services industry leaders to serve as new board of directors.
Hedge fund assets grew by only 10% in the second half of the year, marking the smallest half-year increase since 2002.
Financial services and mortgage companies must do more to reduce preventable home foreclosures, Fed chief Ben S. Bernanke said.
January was the second month in a row in which spending on non-residential structures decreased.
ETFs could start up more easily and mutual funds could make larger investments in them under the proposal.
Dan Skiles, vice president of Technology for Schwab Institutional, discussed the many issues his team has confronted.
The suits were filed in U.S District Court in Manhattan by the $58 million VCG Special Opportunities Master Fund.
The bond insurer has decided against splitting into two entities, as it prepares to receive up to $3 billion in cash.
The firm's life settlements units have received provider licenses in 22 states and have filed applications with five others.
"I would say, by any common-sense definition, we are in a recession," said Warren Buffett, CEO of Berkshire Hathaway.
