Global credit derivatives totals spiked 113% in 2006, but that streak is threatened by recent hedge fund disasters.
Investors in Bear Stearns’ two failed hedge funds have lost their money and will probably not get it back, according to published reports.
The SEC chief wants Congress to mandate more oversight of the $2.4 trillion municipal bond market.
Insurance provider Assurant put its CEO and CFO on administrative leave after regulators notified the two executives that they may face civil charges.
Only 38% of consumers think the U.S. will be the world economic leader in ten years, but few plan on investing abroad.
The Department of Labor has proposed that investments be allowed as default options in 401(k) plans.
Willis Group Holdings. today agreed to reimburse about $2.6 million to cities and counties throughout Florida.
Fidelity Investments has appointed Rodger Lawson as the president of FMR Corp., the group's holding company.
The largest B-D network will fold American General Securities of Houston into AIG Financial Advisors of Phoenix.
An ex-COO is suing the company, saying he was unfairly compensated in the wake of a bid-rigging scandal.
