The Hartford said it has reached a $115 million settlement with three states to resolve a bid rigging and market timing case.
Morgan Stanley’s retail brokerage unit ranked dead last in customer satisfaction for the second year in a row, according to a survey.
The National Association of Insurance and Financial Advisors has named John J. Healy as its new chief executive.
As other countries reduce their corporate tax rates, the U.S. is becoming less competitive, according to the Treasury department.
Hedge funds pulled in $58.7 billion in new flows during the second quarter, according to Hedge Fund Research.
In wake of the BoNY-Mellon merger, third-party trading technology has been made available to assist customers of Pershing.
The Nasdaq Stock Market Inc. will make a wide range of its data tools available via the Web.
Is the creation of a top-level suitability monitoring job by Allianz Life Insurance Company of North America a step forward in annuity marketing or a defensive position in response to a battery of lawsuits?
The Vanguard Group Inc. is pushing advisers out of a popular class of shares, and some financial advisers and industry experts aren’t happy about the move.
NEW YORK — Life isn’t fair. Just ask John Thain. Since becoming chief executive of the New York Stock Exchange in 2004, he has taken the former membership organization public, pushed it into bond and option trading, and merged it with Euronext NV of Amsterdam, Netherlands, Europe’s largest exchange group. Now he is being slammed by shareholders.
