Insurance broker and consulting firm Marsh & McLennan Cos. said Monday that it will extend President and CEO Brian Duperreault's contract an additional three years to Jan. 29, 2014.
The rise in the price of gold is only getting started, according to Thomas Winmill, president of Midas Management Corp. and manager of the $115 million Midas Fund.
The Insured Retirement Institute today chose James A. Shepherdson, executive vice president of Axa Equitable, as the group's chairman.
Morgan Keegan & Co. Inc. has lost another arbitration case stemming from losses suffered by a former professional athlete when its bond funds blew up: This time it is liable to a former NBA all-star for $1.45 million in damages.
When it comes to picking a target date fund, the instruction manual seems simple enough.
Being an investment research analyst during one of the most historic economic downturns can be stressful.
The chairman of the Federal Deposit Insurance Corp. says she is "considering all options, including borrowing from Treasury," to replenish the dwindling fund that insures bank deposits.
The Department of the Treasury's temporary guarantee program for money market funds will conclude today, one day after the ICI reported a jump in money fund outflows this week.
The Bad Advisors and outright crooks always grab the headlines; time to strike back.
