A new website is creating a Facebook-type social networking site to help investors check up on their financial advisers.
A number of top independent-contractor broker-dealers have recently reached a variety of records and milestones, from best-ever revenue to increasing revenue from fees rather than commissions.
Young companies with green technologies are cleaning up when it comes to venture capital dollars.
It used to be that when Bill Miller, the vaunted value manager at Legg Mason Inc. of Baltimore, gave his view of the market, it would be hard to find folks who would disagree with him.
The subprime-mortgage fiasco has revealed several flaws in the financial system that must be corrected if similar disasters are to be avoided in the future.
The subprime-mortgage meltdown, which has triggered a larger meltdown throughout the credit markets, is the latest example of grand-scale faulty logic and short-term thinking.
J. Andrew Kalbaugh is the new chief executive of Mutual Service Corp. of West Palm Beach, Fla.
German insurer Allianz SE, saw third-quarter net profits soar 21%, reaching 1.92 billion euros ($2.81 billion).
An increase in exports helped push the U.S. trade deficit for September down to $56.5 billion.
Morgan Stanley CEO John J. Mack has identified Zoe Cruz, a co-president, as the leading candidate to succeed him.
The IRS could miss its early season filing peak if Congress waits until December to complete its tax bill.
Consumer confidence fell this month to the lowest level in more than two years, according to the RBC Cash Index.
Securities firms should accept fiduciary responsibility in advising retail clients, said Citi's Sallie Krawcheck.
The firm has upped its subprime-mortgage losses to $27.2 billion, $6.3 billion more than earlier reported.
Fund giant's Aa3 rating makes it a low credit risk, but Moody's still worries about transparency.
American International Group Inc.'s third quarter net income dropped to $3.09 billion or $1.19 per share.
Elizabeth A. Ward will handle all elements of strategic risk management and have oversight across MassMutual’s companies.
The dollar fell to historic lows against the euro on concerns that China would move reserves out of the U.S. economy.
Fireman’s Fund, a member of Allianz Group, has launched the first green homeowners’ insurance policy upgrade.
A bill that would protect 21 million taxpayers from paying the AMT “will not become law,” said the congressman.
