Bond fund manager Bill Gross said the subprime-mortgage crisis merits a swift federal response.
The founder and managing director of Pacific Investment Management Co. is buying debt of investment banks.
Goldman Sachs's Global Equity Opportunities hedge fund gained 12% last week after the firm injected it with $3 billion in cash.
Workers know they have to save for retirement, but they’re lost without financial planning, a study found.
Two insurance associations want the NGA to support legislation creating an optional federal charter for insurance regulation.
GLG's European Long-Short, with more than $2 billion in assets, lost 4.4% in value during the first 10 days Of August.
Raising taxes on private equity managers probably won’t generate a whole lot of money, according to a new study.
Claymore has launched three ETFs based on Morningstar Super Sector Indexes on the New York Stock Exchange.
FBR took a $57 million loss after selling $4.95 billion in agency mortgage-backed securities.
Angelo Haligiannis was arrested in Greece and then freed pending an extradition hearing next week.