Insurer sees big room for growth in fund world; relocating, bulking up sales force
Ponzi scheme wiped out almost $1B in investor money
FPA stepping up efforts to gain mandatory oversight of the profession; 'aspirational'
Joins Board of Governance of RIIA's retirement income designation program
2.6M claim involved DBSI TICs; significant exposure remains
By any standard, it was a big loss. A Finra panel on Wednesday not only ordered the brokerage to pay two ex-workers $5.2M in back pay, but tacked on a $5M punitive charge. Now, Merrill is striking back. In a court petition seeking to overturn the ruling, the brokerage claims a panel member has it in for the firm.
Bank wouldn't undertake centralization of investment, research functions if Americas unit were on the block, consultant surmises
Bill Crager, President of Envestnet, takes InvestmentNews inside the latest of the company's recent acquisitions.
Lawmakers who were elected on anti-Wall Street sentiment taking donations from Wall Street giants
GOP garners enough votes to block Administration's proposal; 'not exactly a grand idea'
A lawsuit filed by Igor Olenicoff, who blamed UBS for his failure to disclose about $200M in offshore accounts, has been dismissed
A steadily increasing number of advisers are using iPads - now more than any other mobile devices, actually, based on recent behaviors observed by <i>InvestmentNews</i>.
