David M. Johnson, executive vice president and finance chief of The Hartford, will resign in mid-2008.
Ex-AIG chief Maurice R. Greenberg and his investment firm have retained an adviser to review their stake in the insurer.
Wilmington Trust's earnings fell 7% and LaBranche posted a net-income loss of 54%.
Cconstruction began on 1.353 million new homes and apartments in 2007, the lowest number since 1993.
Twenty-eight percent of the RIA firms surveyed have experienced growth of more than 100%.
Despite being caught in the 2007 credit crunch, hedge funds gained 14.13% for the year according to Morningstar.
The influence of hedge funds is introducing a new set of challenges for corporate investor relations departments.
Shares of bond insurers Ambac Financial Group Inc. and MBIA Inc. plunged on renewed concerns that the two companies are on the verge of losing their AAA credit ratings.
TD Ameritrade’s net income increased 65% on client assets and greater trading activity.
The Fed chief warned, however, that a stimulus package provided at the wrong time could prove "counterproductive."
