Patricia Cornwell, the author of several best-selling crime novels, is going after her financial advisers in an attempt to recover $40 million she has lost, according to multiple published reports.
WealthTouch Inc. this week announced an addition to its Institutional Reporting Module which it is calling the Share of Wallet Report.
The Hartford Financial Services Group Inc. has introduced a variable annuity that allows clients to allocate dollars into a built-in income component.
A New York billionaire jailed for soliciting underage prostitutes in Florida has settled four out of 18 abuse lawsuits by young women.
A government index shows U.S. home prices dipped slightly in August from the previous month, but remained above a low point reached in May.
Fiserv, Inc. has released version 5.6 of its Investment Management Solution. The solution is a soup-to-nuts trading platform that supports everything from account screening and portfolio validation to order generation and trade execution.
State Investment Officer Gary Bland has resigned amid a federal investigation into state investment deals and pressure to remove him by several members of the State Investment Council.
The House Financial Services Committee voted Thursday to create a federal agency devoted to protecting U.S. consumers from predatory lending, abusive overdraft fees and unfair rate hikes.
Microsoft Corp. today officially launched its Windows 7 operating system to the masses.