Morgan Stanley reported a $908 million fourth-quarter profit as legal costs shrank.
Oil dropped below $30 a barrel in New York for the first time in 12 years on concern that turmoil in China's markets will curb fuel demand.
Market watchers say stocks are fragile on multiple fronts.
Morgan Stanley said Greg Fleming, who led the firm's retail brokerage, has decided to leave the bank, with Colm Kelleher named president.
Young advisers need help developing 'soft skills' for serving clients, like the proper language and tone to use, how to be a good listener and how to prioritize workloads. </br><b><i>(Plus: <a href="http://www.investmentnews.com/section/specialreport/20150405/NEXTGEN2015" target="_blank">More insight on The Next Generation of Advisers</a>)</b></i>
Breakfast with Benjamin: Securitization comes back and it's not all bad...Plus, how JPMorgan is positioned for rising rates, Deutsche Bank suspends currency traders, GM pays a dividend, and more minimum wage math.
New dollars coming from brokerage clients — still the most common route — are shrinking.
The market's swoon to start 2016 offers a sobering reminder that unexpected roller-coaster rides remain as real a threat as they were in 2015.
One of the market's biggest bears says there's more bad news ahead.
New Social Security rules will limit claiming options for ex-spouses.
The money manager doesn't see a bright future for go-anywhere funds, with the notable exception of his own DoubleLine Flexible Income Fund.
<i>Breakfast with Benjamin</i>: SEC backs away from part of its charges, moving Steve Cohen a step closer to again managing outside capital.
As part of a strong cybersecurity policy, advisers need to pay more attention to stronger password, fingerprint scanners and other technologies to protect their data, especially as the Securities and Exchange Commission sets its sights on cybersecurity this year.
Increased fraud protections in response to last year's explosion of refund theft will likely draw out the wait for your money.
Global markets are facing a serious challenge that has similarities to the 2008 financial crisis, billionaire George Soros told an economic forum in Sri Lanka on Thursday.
The recent sharp selloff in Chinese stocks on the back of a very positive economic policy package from Beijing seems irrational.
Allowing employees more flexibility and control over their work routines can lead to greater productivity and a long-tenured team.
Some are feeling skittish about their future prospects as parent company RCS Capital Corp. operates under an $800 million debt burden.
Rule limiting fund leverage represents one of the most aggressive responses by regulators to risks exposed during the 2008 financial crisis
A firsthand example of how hard it can be for investors to ignore something that looks exciting.
