Steve McGuinness, a nineteen-year veteran at Goldman Sachs, is the latest top exec to bolt from the bank's asset management unit.
Goldman Sachs recently tripled Lloyd Blankfein's base salary. But the Goldman boss says he isn't wild about guaranteed pay, preferring contingent comp instead. You can't blame him. Since, 2000, he's raked in $125M in cash bonuses.
In the next crisis, the roles of Fannie Mae and Freddy Mac will be played by financial services giants
Ralph Lambiase, longtime director of securities for the state of Connecticut, will be retiring on Feb. 28. Mr. Lambiase, who has been a regulator with the state for 33 years, announced his departure earlier this month to his staff.
Veteran insurance agent Paul A. Mattus has filed suit against The Allstate Corp., claiming that the carrier had muscled him out of his book of business in order to pass it on to a newer, younger agent.
Worried about outlasting your savings? Worry no more; N.Y. Life has you covered
Financial advisers are investing their clients in real estate in a variety of ways. This<i>InvestmentNews</i> special report shines a light on some of the strategies, trip-ups and traps for investing in the asset class.
The peak of the corporate proxy season is at hand, and advisers should remind their stock-owning clients to vote their proxies
Dynasty Financial Partners LLC has hired Loren Morris as director of RIA services
Peter Kraus has worked for more than two years to stem client defections from investment manager AllianceBernstein LP
Bank risk managers appear to be a bit more optimistic about the economy than they were 10 months ago, but most still expect mortgage and home equity loan delinquencies to stay the same or rise in the near term, according to a recent survey
The fines imposed last week by Finra on broker-dealers and executives involved in the sale of failed private placements are likely the first of many to emerge from regulators' crackdown on the sale of the securities
Jefferies Group Inc. (JEF) agreed to pay about $2 million to resolve Financial Industry Regulatory Authority claims that three employees failed to disclose conflicts of interest while selling auction-rate securities.
Fund manager believes 15% plunge may be coming; a recession, to boot
Rep. Schakowsky want big increase in marginal rates for millionaires, billionaires
Amount equals about 10% of total client losses on Reg D notes later deemed fraudulent by the SEC
Norton to run UHNW program for RIAs
Choice of veteran from within firm -- rather than from parent BofA -- could mollify some brokers; 'safe pick' .
Drexel renunion as Leon Black's Apollo's buys into Morgan Joseph TriArtisan; fees the key
U.S. millionaires would face an annual income tax increase of at least 10% under a deficit reduction measure proposed by Rep. Jan Schakowsky, R-Ill
