NovaStar, the troubled residential lender, will give up its status as a real estate investment trust.
Assets for 529 college savings plans managed by Fidelity Investments grew nearly 60% for the past year to $13.5 billion.
Fidelity Registered Investment Advisor Group today became Fidelity Institutional Wealth Services.
Marsh & McLennan Cos. stock slipped after Brian M. Storms stepped down as CEO of Marsh Inc. on Friday.
Agustin “Gus” J. Fleites is now the president of IndexIQ Advisors, a new asset management subsidiary of IndexIQ.
Insurance regulators are joining the attack on investment fraud that targets older Americans.
When it comes to using Monte Carlo simulations, Shawn Brayman says he’s heard it all.
Recent recalls of Chinese products, including poisonous pet food and toys coated in lead paint, are having little effect on red-hot Chinese stocks.
The escalating battle between A.G. Edwards & Sons Inc. and Stifel Financial Corp. is now in the courts.
The municipal bond market is recovering after a period of extreme turmoil last month during which buyers disappeared and trading froze up. Despite a strong rally since then, observers say, some longer-term municipal bonds still offer yields almost equal to taxable paper — an extremely rare event — and remain attractive buys.
