Americans are back in the borrowing mood, and even the wealthy are getting in on it when the credit is cheap enough, according to advisers.
Court receiver claims NRP failed to oversee accused adviser; 'one of the largest Ponzi schemes in Minnesota's history'
Modest budget bump likely to be approved today; beyond that, it's a tough sell
The Securities and Exchange Commission will receive adequate funding for 2012, but must reform its operations and rule-making processes before a significantly bigger budget is approved for the agency, Capitol Hill Republicans said.
TCW Group Inc.'s former investment chief Jeffrey Gundlach plotted with colleagues to steal the company's trade secrets before he was fired and started a rival money-management firm, a lawyer for TCW told a jury.
Masterpiece to go on sale this May; three other versions all in museums
A survey of more than 1,500 financial intermediaries over the past year found "pattern of misrepresentation"
Ex-govenor's 15% effective rate criticized by opponents; Gingrich paid twice that
Fear of paper money lifts Christie's latest auction to record levels; Lichtenstein fetches $43M
HighTower Advisors has landed Margaret Towle, a high-end investment adviser with Greycourt & Co. Inc. doing business in Seattle and Minneapolis, despite market volatility that tends to keep advisers put.
With its second lift-out this year of a team of high-end financial advisers in Palm Desert, Calif., HighTower Advisors has staked a claim to one of the wealthier retirement areas in the country
Researcher says slice could dip to 35% by 2013, down from 50% in 2007; some self-pruning
The annual tweaking of the compensation grids for financial advisers at Bank of America Merrill Lynch could have a substantial impact on broker trainees, small-market advisers and low-end producers at the firm.
Politics, or more specifically, lobbying, matters; 'they're going to be listening'
Famed investor sees potential for substantial run-up in equities; 'terrified I'm not long enough'
Company failed to dislose business relations with companies covered in research notes, regulator says
Plaintiff argued that proxy soliciting member approval for NYSE combo was fraudulent
