Prudential Financial Will pay $17 million to settle with seven states; regulators claim insurer used more comprehensive database for cutting off annuity payments than one used to locate those owed money.
Agreement requires insurer to step up cross referencing to locate unpaid beneficiaries
Executives at life insurance companies can breathe a sigh of relief now that the proposed federal long-term-care insurance program — the CLASS Act — has been killed
Ease of use a real selling point; trails only Facebook, Twitter in popularity
Failure to reform money-market funds would be a mistake: Economist panel
GOP relying more on financial analysis than legislation to slow industry reform
Company sold $900 million of stock and its Morgan Keegan brokerage for about $1.2 billion to help repay the bailout
Independent Financial Partners aims to push recruitment this year — and add $30 million in GDC
Hiring expenses rose as indie B-D attracted 408 net new advisers in past year; 'elevating our expectation'
Workers in Northern Mariana look to halt fund's filing for court protection; benefits could be slashed by more than half
Mark Casady reveals reasons for recent changes at indie B-D
Bank interested in selling remaining 35% share of brokerage to MSSB -- if the price is right
The problem isn't with MPT but with the way it has been implemented
Donnan and partner convinced coaches, ex-players to invest in merchandise scheme, commission claims; worked as college football analyst for ESPN
Purchase will boost bank's clearing and record-keeping capabilities