UBS advisers surpass the $1 million-per-FA revenue mark as the bank's U.S. wealth unit is the lone bright spot in a rough quarter. Bruce Kelly reports.
Alleged Libor-rigging is the latest in a long series of scandals tied to the Swiss bank
Proposals, bills cobbled together on fly with little time for review
Washington looks to wriggle out of promise made just two years ago; can lawmakers keep their hands off?
Taking a step toward portfolio diversification
One of the features of the fiscal-cliff bill approved last week by Congress was that it supposedly settled the question of marginal tax rates for good. It delivered the permanence to the vast majority of Bush tax cuts that investment advisers and their clients have long sought. But a little more than 36 hours after the measure passed, Congress demonstrated it will always tinker with the tax code.
Notices contained account balance errors, wrong names; cause of error discovered
After seven months on the job, Hilsheimer leaves post as president of retirement unit
Her work as a prosecutor and later as a defense lawyer has given her insights into the strengths and weaknesses of the securities law and regulations that will inform her decisions.
The brokerage giant is concerned the telecommunications company won't back the new platform long-term
Investment advisers stopped legislation last year that would establish a self-regulatory organization to oversee them by making their presence felt on Capitol Hill. They're keeping it up this year.
Kicker Russell Erxleben allegedly made false promises about WWI German bearer bonds and a Paul Gauguin painting
Stifel Financial Corp. is in exclusive talks to buy Regions Financial Corp.'s Morgan Keegan brokerage after prevailing over private-equity bidders, said people with knowledge of the matter.
Executives at Genworth Financial took another step in their downsizing with the announcement of the much-anticipated sale of its wealth management unit. Who bought it? Darla Mercado has the details.
