A group of investors in Bear Stearns’ two deflated hedge funds want to replace the funds’ general partner and director.
Van Eck Global launched the Market Vectors-Agribusiness ETF on the American Stock Exchange today.
The chairman of Josephberg Grosz & Co. was sentenced to four years and two months in prison for evading tax payments on the sale of tax shelters.
ETF Insider's ETF 50 Index increased by 0.6% in August, following two consecutive months of declines.
New York City houses the bulk of the investment banking industry, but it holds second place when it comes to weekly pay.
Nationwide Financial Services Inc. has kicked off enhancements to its Lifetime Income Rider.
NEW YORK — NEXT Financial Group Inc., which is in the middle of a scrap with the Securities and Exchange Commission over its use of confidential client information when recruiting representatives, is getting strong support in some corners of the independent-contractor brokerage industry.
NEW YORK — Recent market volatility is unlikely to curb investors’ appetite for collateralized debt obligations and other complex securitized-debt products despite the risks, wealth management executives said.
PHILADELPHIA — Despite concerns from financial advisers, more mainstream mutual fund companies are spicing up their fund lineups with products that employ strategies long used by hedge funds.
SAN FRANCISCO — After years of being heralded as the next big thing in banking, reverse mortgages have come into their own, morphing from a mom-and-pop industry to big business in just the last six months.