In something of a surprise, a UBS analyst downgraded his outlook for the broker-dealer. Why? Marginal margins and sales of nontraded REITs.
Number of people under 45 who buy long-term-care insurance is on the rise; cheap premiums
Bridgeworth latest registered investment adviser to sign on; $1B in AUM
What economic crisis? A Swedish retail mogul's holdings surged almost 10% last week and Larry Ellison is buying a Hawaiian island
Quotes of 22 cents on the dollar to 25 cents were given to half a dozen Peregrine customers who called CRT Capital Group LLC, which buys and sells distressed debt.
Peregrine Financial Group Inc. Chief Executive Officer Russell Wasendorf Sr. said in a signed statement linked to his suicide attempt that he committed fraud for two decades at his Cedar Falls, Iowa-based company, according to a federal complaint.
Futures firm in Iowa may not have sufficent funds to pay off customers; NFA has stepped in
Organizer claims all participants in OWS movement are unemployed; 'no value in what they have to say'
Seventy-year-old Elaine Tettemer Marshall holds 15% stake in Koch industries; worth $12.7B
Tuttle originally planned to retire in 2014; COO tapped as replacement
About 80% of advisory firms now have written policies about social networking, compared with 64% last year and 43% in 2010, a recent survey of 555 compliance professionals found
A day ahead of renewed protests, bank accused of violating rights of dissenters: Mayor Bloomberg, city council named in litigation
Financial advisers will have opportunities to help their clients navigate the new health care law.
