Stephen Roseman has introduced the Thesis Flexible Fund, which aims to providers investors and advisers that want a hedge-fund-like investment but also the liquidity of a mutual fund
First-quarter earnings were down 45% at the discount brokerage. One positive sign: the number of net new accounts rose
E*Trade Financial Corp. shares gained the most since December after TD Ameritrade CEO noted that his firm could pull off a major deal
Germany's biggest lender said record pretax profit at its corporate and investment bank unit along with improved revenues from selling and trading debt and equities, lifted its first-quarter results higher
Gryphon Holdings Inc.'s owner and four employees of the Staten Island, New York-based investment firm were charged with conspiracy to commit securities fraud and wire fraud in an alleged $17.5 million scheme.
After being blamed for failing to spot indicators leading to the latest recession, the Fed comes up with "an early warning system" to help detect problems before they reach crisis proportions.
After 53 years with Citigroup, the senior vice chairman steps down from his position to serve the company as a senior adviser.
Billionaire hedge-fund manager John Paulson, whose $32 billion firm has been betting on an economic recovery by 2012, has pared bullish bets across his funds, according to a person briefed on the investments.
The Obama administration has found a banker it can do business with: Bank of America Corp.'s Brian Moynihan.
Merrill Lynch won dismissal of an investors' class-action lawsuit over auction-rate securities, at least the seventh such victory since the market collapsed in February 2008.