Analyst Brad Hintz says Morgan Stanley boss James Gorman won't try to reign in comp costs at MSSB anytime soon. Why? Because UBS' Bob McCann and BofA's Sallie Krawcheck are on the prowl for the brokerage's talent.
The fastest growing mutual fund companies have one thing in common: They are anything but just plain-vanilla stock and bond asset management firms.
Both bulls in bears will be disappointed, billionaire investment manager predicts
Billionaire investor says next decade will be as good as 1990s; 'we are chimpanzees with no memory'
This week's wild actions on Wall Street should serve as a stark reminder that few investors have any clue as to what is really going on beneath the surface of America's troubled economy.
The latest data on the most expensive private colleges in the U.S. offers up a a reminder of how dear higher education has become.
Fears about the economy and Uncle Sam's AAA rating have rocked the equity markets, wiping out all the gains generated in the 2011 large-cap rally. But Laszlo Birinyi and other top stock pickers aren't panicked. In fact, they believe the correction is nearing its end.
Debt woes in Europe -- along with the risk of a U.S. default -- has investors digging precious metals. Gold, silver and palladium futures surged in intraday-trading, with gold getting close to $1,600 an ounce.
The peer-to-peer lending industry could require additional regulations if it grows dramatically or introduces new products and services, the Government Accountability Office said in a new report.
Annual levy for exchange-traded fund will be 0.55%, while fee for namesake mutual fund is 0.46%
Forget about inflation worries in China. Analysts at both Goldman Sachs and Morgan Stanley are positively gung ho about the investment prospects for commodities over the next twelve months.
Royal Bank of Canada may use proceeds from the $3.62 billion sale of its money-losing U.S. consumer bank to expand in global asset management.
As the financial advisory industry continues to evolve, more investment professionals and firms are embracing the hybrid registered investment adviser model.
Rather than get stuck with paltry returns on money-market funds, some investors are putting their cash to better use: they're shifting into 15-year mortgages, saving big bucks in the process.
A new poll reveals which financial insitutation gets the least favorable response from traders, investors and analysts. Remarkably, survey respondents also said the winner -- loser? -- won't be hurt by this negative vibe.
Balances in HSAs — tax-advantaged medical savings accounts — grew to some $11.7 billion in total assets, reflecting a 31% increase over last year.
The U.S. will review health insurer requests to raise premiums for individuals and small businesses at least 10% in 10 states, ruling that local regulators aren't adequately policing rates.
A new report finds that VA customers don't read prospectuses — and with the some of the documents running upwards of 200 pages, it's easy to understand why.
