Real estate money managers are joining private-equity firms in the line to buy failed banks.
Aon Corp.said today its first-quarter profit jumped 28% as the insurance broker was able to slash costs, more than offsetting a slight decline in revenue.
Washington in general — and President Barack Obama in particular — is getting in the way of the stock market rally, according to Uri Landesman, head of global growth at ING Investment Management Americas.
After enjoying the “beta rally” of 2009, investors should view 2010 as more of a defensive play, according to Gary Stroik, chief investment officer at WBI Investments.
Investors are ignoring mid-cap stocks at their own peril, according to Thyra Zerhusen, manager of the $1.3 billion Aston/Optimum Mid Cap Fund (CHTTX) from Aston Asset Management.
From the start, the man accused of killing motivational speaker Jeffrey Locker told a startling tale: He said Locker asked for help stabbing himself to death so his family could collect life insurance money.
All signs point toward staying fully invested, according to Howard Present, co-manager of the Virtus AlphaSector Rotation Fund (PWBAX).
American International Group Inc. is in talks with MetLife Inc. to sell one of it's largest insurance units for between $14 billion and $15 billion, according to news reports Tuesday citing people familiar with the matter.
Who were the top portfolio managers of the last ten years and why? Watch the video below from Morningstar and find out:
After just three months as head of embattled insurer American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight and restrictions on what the bailed-out company can pay employees, according to a published report.
MetLife Inc. is licking its chops at the opportunity to expand overseas, according to published reports.
The closed-end fund market begins 2010 on a somewhat muted note, without the customary New Year's bounce.
Nationwide Financial Network, the sales and marketing arm of Nationwide Mutual Insurance Co., has informed the 200 independent financial advisers that clear through its brokerage to find a new broker-dealer by April 30.
Major life carriers' earnings will take just a minor hit from President Obama's proposed Financial Crisis Responsibility Fee, according to a report from securities firm Keefe Bruyette and Woods.
The office of New York insurance superintendent James Wrynn has ordered embattled bond insurer Financial Guaranty Insurance Co. to halt claims payments.
ING Groep NV, one of Europe's largest banking and insurance groups, reduced its losses to €712 million ($980 million) for the fourth quarter on Wednesday, reflecting a mixed operating performance and a big charge related to an earlier bailout.
ProShares today launched eight exchange-traded funds that aim to magnify their benchmark exposures by 300%.
China's economic engine powers on, but some consultants and managers are becoming more cautious about investing in the Asian giant — at least in the short term.
The Labor and Treasury department have put out a request for information on the use of annuities in defined-contribution plans.
