The Hartford (Conn.) Financial Services Group Inc. limped through the fourth quarter of 2008, racking up a net loss of $806 million.
The Department of the Treasury under former Secretary Henry Paulson took a “passive-investor” approach to buying stakes in financial institutions.
Dividends of companies in the S&P 500 stock index this year are expected to see their sharpest annual decline since World War II, New York-based S&P said today.
Two members of the Securities and Exchange Commission today called for harmonizing regulations of broker-dealers and investment advisers.
Van Eck Global has launched a high-yield municipal bond exchange traded fund, the Market Vectors High-Yield Municipal Fund (HYD).
The United States shed 598,000 jobs in January and the unemployment rate rose to 7.6% from 7.2%.
President Obama revealed major compensation reforms today that will limit significantly the pay of executives at companies receiving federal bailout money.
Pimco today launched a global bond mutual fund, the Pimco Global Advantage Strategy Bond Fund (PSAIX).
The ICCR has compiled “climate-risk profiles” on more than 150 companies that are the subjects of 2009 shareholder resolutions.
Hedge funds appear to be moving back into positive territory after wrapping up one of the industry’s worst years on record.
