With stricter capital requirements, banks may shy away from purchasing municipal debt
Market regulators have fined a New York-based brokerage firm $1 million for creating a false sense of demand for stocks that earned it profits.
Steven Romick says he aims to beat the market when stocks are falling and underperform by a smaller margin when they're rising.
U.S. regulators said mutual funds aren't telling investors enough about why they use derivatives, with some funds providing “generic” disclosures and others failing to explain how the products affect performance.
Average Joe smacked by contango, pre-rolling, and Wall Street sharpies. 'I make a living off the dumb money,' says one professional futures trader.
Surprise: it's not gold, meanwhile, bank predicts agricultural sector will come a cropper
Highest earners will take big hits from hiked tax rate, cap gains charge; 'really scary'
'Buy' recommendations for stocks at the lowest level since 1997; 'don't want to stick their necks out'
JPMorgan Chase will revamp its $1.6 trillion asset management unit to compete against the likes of Blackrock and Pimco, a person with direct knowledge of the changes said.
The financial system experiences a crisis “every five to seven years,” JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told the Financial Crisis Inquiry Commission in January.
