Advisers who grapple with the complexities of retirement income will be getting more help next year from Moshe Milevsky, an associate professor of finance at York University in Toronto and executive director of the Individual Finance and Insurance Decisions Centre.
Morgan Stanley is quietly hunting for a new top executive to run its investment management business, one of the world's largest — albeit shrinking — money management operations.
U.S. stock futures rose Friday, following overseas markets higher on a report that China's exports improved.
Just A few weeks after officially joining UBS AG as the head of its U.S. wealth management business, Bob McCann has snared four veterans from his former firm, Merrill Lynch & Co., to help improve UBS' financial advisory business here.
House Financial Markets Committee Chairman Barney Frank, D-Mass., will move to strip a controversial amendment from the Investor Protection Act — which the House Financial Services Committee approved with a 41-28 vote today — that would give Finra power over a quarter of all federally-registered investment advisory firms.
ING today stepped up its multicultural outreach efforts by hiring a slate of new executives hailing from Latin America.
Wells Fargo & Co. says its third-quarter profit nearly doubled from a year ago although it joins other big U.S. banks in reporting higher loan losses.
Private equity firm Citadel Investment Group LLC said today that one of its affiliates has canceled a plan to sell a portion of its stake in retail brokerage firm E-Trade Financial Corp.
The struggling online brokerage and bank looks to raise capital to pull itself out from under mortgage-related loan losses.
Although five exchanges will soon vie to clear credit default swap trades in Europe and the United States, the number is likely to dwindle to one on each side of the Atlantic in the next couple of years, according to analysts and industry participants.
