The U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority were accused of being liable for losses in a Luxembourg fund tied to New York money manager Bernard Madoff.
Maliz Beams, one of the highest- ranking women at TIAA-CREF, is leaving as part of a management reshuffling at the firm, which oversees $426 billion in retirement assets.
Congress' proposed overhaul of U.S. bank regulation wouldn't have averted the 2008 financial crisis and would do little to prevent a recurrence, according to two former chairmen of the Securities and Exchange Commission.
In rebranding its online discount brokerage, Bank of America is trying to squeeze in to an already crowded space.
When House and Senate negotiators gather tomorrow, they're scheduled to consider strengthening the fiduciary duty provision in landmark financial regulatory reform legislation.
It should be easier for employers to include annuities in their retirement plans because Americans are at risk of outliving their savings, an insurer told Labor and Treasury department officials today
Bond guru slashes holdings in government paper from 'overweight' to 'small underweight'; sees 'long-term bottoming process'
Dr. Doom sees anemic growth in third quarter; 'stock markets could sharply correct'
Social Security just celebrated its 75th birthday. Economist Laurence Kotlikoff says it's time to retire the cash-strapped pension plan -- or face disastrous results.
Airline attendants aren't the only ones who put up with rude customers
