Bloomberg

Bloomberg
Displaying 13194 results
RIA NEWS NOV 08, 2011
Social Security beneficiaries to receive 3.6% increase

Fifty-five million Social Security beneficiaries will receive a 3.6% cost-of-living adjustment next year, the U.S. government said last week

RETIREMENT PLANNING NOV 08, 2011
<font color=red>FPA Convention </font>What's the right age to take Social Security?

If the drawdown of assets is done properly, it's best to delay taking that government check.

Darnell to Merrill brokers: I'll stay out of your way
WIREHOUSES NOV 07, 2011
Darnell to Merrill brokers: I'll stay out of your way

Bank of America Corp.'s David Darnell, the commercial banker put in charge of the lender's Merrill Lynch brokerage, promised employees he'll do anything including “get out of the way” to help them improve results.

Opinion: 'Must hang' Sallie
RIA NEWS NOV 07, 2011
Opinion: 'Must hang' Sallie

Given the recent spate of bad news, it seemed that somebody big had to go at Bank of America. Merrill Lynch president Sallie Krawcheck drew the short straw. The real question is: Did Sallie ever really have a chance of succeeding at BofA?

Vanguard boss: Regulatory changes would kill off money funds
MUTUAL FUNDS NOV 07, 2011
Vanguard boss: Regulatory changes would kill off money funds

McNabb opposes excess capital requirements or floating rate NAV; 'will disappear'

MUTUAL FUNDS NOV 04, 2011
New commander at Magellan after Fidelity dumps Lange

Fidelity Investments has named Jeffrey S. Feingold to run the $17.4 billion Magellan Fund, replacing Harry Lange, who oversaw a two-thirds decline in assets in what was once the largest U.S. mutual fund

Corzine to hedgies: Financial reform is necessary
REGULATION AND LEGISLATION NOV 01, 2011
Corzine to hedgies: Financial reform is necessary

While Mr. Corzine generally backs the Obama administration's push for regulatory reform, he doesn't agree with every piece of the legislation and has concerns about how new laws will be applied.

MUTUAL FUNDS OCT 31, 2011
Bill Gross cops to 'stinker' of a year

Bill Gross, manager of the world's biggest mutual fund, is seeking to reassure clients that he hasn't lost his touch after he misjudged the extent of the economic slowdown, causing his Pimco Total Return Fund to trail rivals this year

FIXED INCOME OCT 31, 2011
Gross friendly to Fannie and Freddie

Bill Gross has increased holdings of mortgage bonds in Pimco's flagship fund to the highest level since January in light of the Federal Reserve Board's announcement of plans to reinvest housing debt into the securities to drive borrowing rates lower

FIXED INCOME OCT 30, 2011
Pimco: MBS that fell after refi rules a buy

Investors should buy Fannie Mae and Freddie Mac mortgage-backed securities, which have slumped in response to planned changes to the government-supported companies' refinancing rules, according to Pacific Investment Management Co. LLC