A top brokerage executive with an independent-contractor firm has been fired for failing to report outside business activity.
Ex -AIG CEO Maurice R. Greenberg will get court-ordered access to legal documents that could help him fight fraud charges, according to published reports.
Eaton Vance Corp. and Deutsche Borse AG both reported impressive earnings growth in financial reports issued today.
The New York State Insurance Department also reproached the plan, arguing that it would be “bad for the banks.”
At campaign stops, Sen. Hillary Clinton argued that hedge fund executives shouldn't be immune from certain taxes.
The French bank posted a $4.93 billion loss compared to a $1.7 billion profit in the year-ago period.
Assets in managed accounts grew by 20.1% last year, hitting $1.49 trillion, according to the Money Management Institute.
The all-in-one rider provides an income step-up to 200% of the initial guaranteed amount 10 years into the policy.
FBR booked a net loss of $27.8 million compared with a net loss of $7 million in the year-ago period.
The Charlotte, N.C.-based bank collected $483 million in annuity fees, or 0.06% of $782.8 billion in assets.
