Average premium for existing policyholders could go up by 40%; 'lot of explaining' to do
The costs of long-term-care continue to rise, although at a slower pace than before the economic slowdown as nursing homes and home health care providers reduce charges.
Bank-loan funds attracted a record $5.2B in January, as investors sought protection from a rise in interest rates
The public will reap a profit as the U.S. government sells off the remainder of its holdings in American International Group Inc., chief executive Robert H. Benmosche said last week
The final report from the Financial Crisis Inquiry Commission is a disappointment
As politicians, executives and financiers networked at parties and panels recently in Davos, Switzerland, Barrie Wilkinson was in a nearby hotel, warning that a financial catastrophe may be looming in 2015
Registered representatives will operate under a fiduciary standard no earlier than the second half of 2012, according to Finra chief executive Richard Ketchum
Mark Casady, chief executive of LPL Investment Holdings Inc., has reiterated aggressive growth targets for the country's largest independent broker-dealer
Maybe kids don't grow up dreaming of becoming financial superheroes, but that doesn't mean they can't start
Recommendations from Mario J. Gabelli's brokerage firm are trouncing returns in the U.S. stock market as analysts at the biggest securities firms struggle to prove their worth.
Famed investor trouncing fund managers, S&P 500 with quarterly 'Focus Five' list
Settlement provider lowers advertised rate of return from 12% to 7%; litigation ahead?
Capital Financial wants to merge cases as part of a class action settlement; other brokerages said to be monitoring judge's decision
A machinery manufacturer last week sued New York Life Insurance Co., claiming it had lost money in variable universal life policies that were invested in funds linked to the Madoff scandal. Experts say similar suits are likely to follow.
The trustee liquidating Bernard L. Madoff's investment firm has filed more than $50 billion in so- called clawback suits to compensate victims of the con man's fraud since his 2008 arrest for masterminding the biggest Ponzi scheme in U.S. history.
From Black Friday door-buster specials on flat-panel TVs to stocking stuffers like MP3 players and e-book readers, shopping for electronics has become as synonymous with the holiday shopping season as decorating Christmas trees
JPMorgan Chase & Co. will give its investment bankers iPads to provide an additional mobile tool as Apple Inc. expands its domain to Wall Street, threatening Research in Motion Ltd. in a market it traditionally dominated.
Bill Gross continues to impress. According to Morningstar, Pimco's short strategy fund, managed by Mr. Gross, was the only bear fund to beat the S&P 500 over the past decade.
Retirement plan administrator says insurance group ran a pay-to-be-on-the-platform scheme
Analysts see larger rise in price of silver, as industries find new uses for the precious metal