Bank of America would pay $150 million and strengthen its corporate governance and disclosure practices under a proposed settlement filed today with the U.S. District Court for the Southern District of New York by the Securities and Exchange Commission.
For a look at the retirement products advisers can expect in 2010, the insights of some literary greats — Charles Dickens, Voltaire, Lord Byron and Jane Austen — may be more illuminating than you would imagine.
An adviser who oversaw the wealth of a well-known Boston family allegedly led a "double life" and stole $57 million to buy several airplanes, houses, and timeshares for his family and his mistress, authorities said.
A year ago, stocks were extremely cheap, Treasury bonds were extremely expensive, and investors were extremely frightened.
After the sell-side analyst scandal in 2003, the SEC negotiated a settlement with i-banks to rein in tainted research. Now, the Senator Banking Committee chair wants to reexamine that deal
The co-CIO of Pimco shares some institutional (and personal) investment insights with WealthTrack's Consuelo Mack
The debate over whether to take capital gains this year heated up yesterday when the House passed health care reform legislation.
The Treasury secretary says the administration wants a financial overhaul bill that provides strong consumer protection and restraints on risk taking by large banks.
The following is a monthly economic outlook provided by Scott J. Brown, chief economist and senior vice president of equity research at Raymond James & Associates Inc.
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
There may still be hope, because financial reform legislation is far from being a foregone conclusion
The following is a daily market commentary by Scott J. Brown, chief economist and senior vice president of equity research at Raymond James & Associates Inc.
The following is a daily market commentary by Scott J. Brown, chief economist and senior vice president of equity research at Raymond James & Associates Inc.
Scott J. Brown, chief economist and senior vice president of equity research at Raymond James & Associates Inc., offers his daily market commentary.
President Barack Obama's health plan proposal would extend Medicare taxes to the investment income of higher-earning households.
After the close, the Fed's Board of Governors raised the discount rate.
The target for the federal funds rate (the overnight market rate that banks charge each other for borrowing excess reserves) has, since 1994, been the main monetary policy tool for the Federal Reserve.
Robert Doll has the new title of chief equity strategist for BlackRock's fundamental equities platform, one of a number of changes the money management giant announced internally today.
The advance figure for fourth quarter growth surprised to the upside, although the story was largely as anticipated.
