At annual meeting, CEO faces down analysts who say shareholders would gain more value if the big bank broke off Mellon.
A new report offers a look into the popularity behind indexed and structured product annuities
Newly listed American Realty Capital Healthcare Trust being snapped up by giant health care REIT Ventas in a stock and cash deal valued at $2.6 billion.
Broker-dealer using proceeds, in part, for pending acquisitions and possible new ones.
Firm to offer another way besides public listing for REIT sponsors to provide liquidity to investors.
Regulator wants clarity about Inland American's share value in recent buyback
The independent broker-dealer industry fattened up last year on the sale of nontraded real estate investment trusts. The question hanging over IBDs now is whether advisers are prudently reallocating the money of clients who are invested in nontraded REITs, particularly as the trusts continue to perform well and return capital to investors through listings or mergers.
Divergent tone of the two famously cost-conscious investment firms illustrate the contentious nature of the technical and political debate over high-frequency trading.
For <i>Breakfast with Benjamin</i> today: Regis as a hedgie? Plus: No recession in sight; keeping it loose in Europe; debating monkey business; a Pimco PM hangs it up for a food truck and complaining about gas prices.
Products include nontraded REITs, oil and gas partnerships, BDCs, hedge funds and managed futures.
Lincoln National's variable annuity deposits hit $3.4 billion at the life insurer during the third quarter, reflecting a 56% increase from the year-ago period, but execs want to shift more to contracts without living benefits.
Seven-week block applies only to products with guaranteed living benefits, not fixed and indexed annuities.
Arbitration awards have been flat for two years but two big ones looming on the horizon show brokers still grappling with real estate bubble fallout.
Friday's <i>Breakfast with Benjamin</i> menu: A big jobs report, commemorating D-Day. Plus: The SEC tackles HFT, Bill Gross and cell phones, BofA's big fine and ranking the horses.
On today's <i>Breakfast with Benjamin</i> menu: The next four days are going to be big for the markets. Plus: One way to hedge against a correction; bad news keeps coming for Bill Gross; don't wait to collect Social Security; Nick Schorsch's shareholders speak; and digital luggage tags.
Union says shareholders will end up footing the bill for $45 million in transaction fees from merger with Kite Realty.
Money manager relies on individuals saving for retirement, rising stock prices to offset institutional withdrawals.
Investors will need to see continued improvement in economic data to be encouraged to extend their investment horizons and assume greater risk exposure, Nuveen's chief equity strategist Robert C. Doll says.
American Realty Capital Centers will concentrate on multitenant shopping centers.