In her first public speech since becoming chairman of the SEC, Mary Schapiro said risk-based oversight of broker-dealers and advisers needs to be strengthened.
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.
The Hartford (Conn.) Financial Services Group Inc. limped through the fourth quarter of 2008, racking up a net loss of $806 million.
Mary Jo Hudson, director of the Ohio Department of Insurance, yesterday adopted three accounting rule changes that would grant insurers based there some reserve relief.
President Obama’s limits on compensation for executives with firms about to receive federal bailout money might be riddled with loopholes.
Hedge funds appear to be moving back into positive territory after wrapping up one of the industry’s worst years on record.
New orders for manufactured goods fell 3.9% in December, marking the fifth consecutive month of declines.
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.
