The mutual fund industry today called for combining the Securities and Exchange Commission and the Commodity Futures Trading Commission into a one entity.
The Department of the Treasury and the Federal Reserve today launched a program designed to increase lending to consumers and small businesses.
Smith Barney's exclusive deal with Legg Mason to distribute funds run by Bill Miller has come to an end.
Banks need to get rid of toxic assets, Boston Federal Reserve Bank President Eric Rosengren told a group of bankers yesterday in Washington.
Raymond James Financial announced that Paul Reilly, executive chairman of Korn/Ferry International, will join the company as president May 1, and after one year will succeed Thomas James as chief executive.
Federal authorities have frozen $138 million in North Dakota's state pension and workers compensation funds, records show.
Citigroup Inc. said Tuesday that it will lower mortgage payments for some homeowners for three months as part of a new program to help the unemployed.
While the historic plunge of the Dow Jones Industrial Average yesterday may not be a sign that the markets have reached the bottom, most economists agree that it signals a prolonged recession.
T. Rowe Price Group Inc. has restructured its equity leadership, elevating two top portfolio managers into new posts overseeing domestic and international equities.
In the most direct evidence yet tying UBS Chairman Peter Kurer to oversight failures at the Swiss bank, the U.S. Justice Department last month criticized as inadequate an internal investigation that he supervised.
