Pershing LLC, a subsidiary of The Bank of New York Company, Inc., has added Schroders PLC to FundVest, Pershing’s no-transaction-fee mutual fund platform.
Franklin Resources Inc.’s second-quarter profits more than doubled due to more inflow into its funds and higher earnings from its investments, the San Mateo, Calif.-based asset manager announced today.
Janus Capital Group Inc. today announced its profits rose 1% and its revenues increased 7% in the first quarter.
Charles Schwab Corp. today announced no-fee checking accounts from Charles Schwab Bank, with an annual percentage yield of 4.25%.
Fidelity Investments today said total client assets at its Fidelity Brokerage Co. unit reached a record $1.77 trillion in the first quarter, up 19% from a year earlier.
The newly formed NYSE Euronext today reported net income of $67.6 million in the first quarter for NYSE Group, a $37.3 million -- or 123% -- increase as compared to net income of $30.3 million from the year-ago period.
More than 90% of investors surveyed believe that the same investor protection rules should apply to both stockbrokers and financial planners when they offer the same kind of investment advice services, according to a new study.
London-based AMVESCAP PLC reported that operating profit increased by 27.1% for the quarter to $237.2 million, from $186.6 million in the same quarter last year.
Nuveen Investments Inc. today announced the initial public offering of the Nuveen Multi-Currency Short-Term Government Income Fund.
Jefferies & Company Inc. today announced the appointment of Edward J. Craig as managing director and head of U.S. Cash Equities Trading.
