Mr. DiDonna will lead about 150 people specializing in reinsurance, product development, actuarial services and underwriting.
Race and gender diversity at financial firms has improved but has remained static for the past two years, a SIFMA report showed.
Retail sales increased just 0.2% in October, following an increase of 0.7% in September.
Nearly 51 million U.S. households own mutual funds, representing 44% of all households.
New York Life Insurance elected Patricia L. Barbari has to senior vice president in the Individual Policy Services department.
And the index has increased 12.75% year-to-date, marking the best performance for the first ten months of the year since 2003.
Fidelity Institutional Wealth Services' total client assets reached $325 billion, up 50% from last year.
The now-defunct hedge fund claims that JPMorgan Chase & Co. hindered its efforts to avoid collapse.
The Chicago-based private-equity and hedge fund firm posted a net loss of $37.6 million, or 52 cents a share.
Level 3 assets, which include mortgage-backed securities, make up 6.9% of Goldman's assets under management.
