Manager turned sex offender gets jail time
Billionaire money manager Jeffrey Epstein was sentenced to 18 months in jail for soliciting prostitution.
A rosy small-cap outlook
Optimism characterizes management's thinking at the Natixis Vaughn Nelson Small Cap Value Fund (NEFJX).
Donor fund inflows track volatile market
Economic uncertainty and market volatility are taking donor-advised funds on a roller coaster ride.
Merrill taps ex-Bear clearing exec
Merrill has hired John Tyers, formerly one of the heads of Bear's defunct clearing and custody business.
FundQuest and United Planners offer UMA
The platform will include eight product solutions, four mutual fund portfolios and the FundQuest ActivePassive Portfolio.
Fidelity announces extent of layoffs
Fidelity Investments laid off 550 workers this week, largely from its personal and workplace investing unit and human resource services unit.
Bond-rating firms to overhaul fee collection
The aim is to remove some of the power investment banks have over selecting which rating firms get paid to rate deals.
Advisers cautious about Latin America
After five years when investing in Latin America was virtually a sure thing, some industry experts are beginning to caution that the good times may be coming to an end.
Minority financial literacy program going national
The Wall Street Wizards, the financial literacy program founded four years ago for minority students in the San Francisco Bay Area, is gearing up to go national.
Program allows kids to get fiscal
William Thomason's world is mysterious — at least to the black and Hispanic high school students entering the financier's Wall Street Wizards Urban Financial Literacy Program.
