New York Life Insurance Co. said on today that its COO, Theodore Mathas, would add president to his title as of July 1.
New York Life will launch a series of five target-date funds called the MainStay Retirement Funds.
AXA Equitable Life Insurance Co. has named Kenneth T. Kozlowski vice president of its Funds Management group.
John Hancock will pay $21.2 million to settle an investigation of the firm's failure to disclose revenue sharing schemes.
PowerShares today launched four exchange traded funds based on the FTSE RAFI indexes.
Two powerful bank trade groups today announced plans for a merger.
Wachovia Securities LLC may face challenges in retaining all the brokers it wants to, in the wake of its announced merger with A.G. Edwards Inc. of St. Louis.
Claymore Securities today announced the launch of Claymore/KLD Sudan Free Large-Cap Core ETF on the /MEX.
A London hedge fund manager will go public by merging with New York's Freedom Acquisition Holdings.
Amaranth Advisors used a loophole to cloud the extend of its massive gas holdings, according to a Senate report.
