LaSalle Bank is cutting 100 more jobs than previously announced, but none of the additional reductions will come from the Chicago area.
On average, every dollar that funds spend on trading costs translates into a roughly 42-cent reduction in fund value, Virginia Tech Professor Gregory Kadlec said today.
Diana Cantor will be leaving her post as founding executive director of the Virginia College Savings Plan, the country's largest 529 program.
Claymore Securities has launched two exchange traded funds on the American Stock Exchange today, themed on brokerages to vaccines.
The economy contains some upcoming pitfalls for investors, said James Rothenberg, chairman and principal of Capital Research and Management Company.
HSBC Holdings has applied for a life insurance license with a Chinese partner and expects to begin operations in that country by 2008.
Former SEC chairman and activist trader Richard C. Breeden is seeking three board seats at H&R Block.
The Security Benefit Group of Companies today announced it will acquire Rydex Investments.
The screenwriting team behind "Ocean's 13" have signed on to pen a new HBO series that the producers of "Entourage" are developing about a group of hedge fund managers, according to Crain's Television Week.
The EEOC has sued Merrill Lynch on behalf of an Iranian national who alleges that the bank discriminated against him.
