JPMorgan Chase & Co. (JPM), the largest U.S. bank, reported a $4.4 billion trading loss in its chief investment office, bigger than analysts estimated, that helped drive second-quarter profit down 9 percent.
Small Attain Capital struggles to cope with shocking news about Peregrine Financial Group
Small Attain Capital struggles to cope with the shocking news coming out of Cedar Falls, Iowa (pictured). Says one executive: 'We have a lot of anger and frustration about this.'
President promises to shoot down bill extending Bush era tax cuts for wealthy; does not augur well for HNW clients
Few make enough money to be hit by 3.8% surcharge; did insurers cry wolf?
Size of new adviser-sold accounts now considerably larger than direct-sold accounts; all part of a 'holistic financial plan'
Generated $1B in commissions in first nine months of 2011; 'power that would make a mobster envious'
Net flows for 529s turn positive in the fourth quarter; 'good sign for the industry'
William Bruen Sr., William Bruen Jr., and Andrew Bruen, a three-generation team of financial advisers managing over $500 million in assets, left Morgan Stanley Smith Barney LLC for UBS Wealth Management last week
Value-meister Cooperman seeking out undervalued stocks; plenty to choose from right now
Rising interest in equity income, plus payouts by cash-rich tech companies, cited as triggers; break out the streamers
Commodities expert sees India and Europe as the catalysts for possible 50% drop in price of metal
National Financial Partners Corp. is bulking up its presence in the property-casualty space in an effort to bolster revenue.
NFP Securities Inc., which in the past has targeted its brokerage services to the insurance agencies and financial planning firms owned by its parent, National Financial Partners Corp., is re-branding itself to attract a broader base of hybrid advisers and registered investment advisers.
President Obama on Monday announced he wants to extend the Bush tax cuts for middle-income families -- for 12 months.
Purchases majority stake in Omaha-based company's wealth management unit; second deal this year
In the middle of a presidential election year, it's natural to focus on the combat for the White House. The real impact of the vote this November, however, will be felt at the regulatory level by the personnel who are appointed by the president and implement financial-services rules.
But Labor's Borzi says single standard impossible since two agencies operate under different statutes
