Market forces work everywhere — even, it would seem, on the high seas. According to published reports, Somali pirates have created a stock exchange to manage their ill-gotten gains.
U.S. clients with more than 1 million Swiss Francs in offshore accounts with UBS could be ratted out.
Swiss bank UBS AG has been fined 8 million pounds ($13.3 million) for management failures which allowed employees to make unauthorized trades with customers' accounts, Britain's financial regulator said Thursday.
Here are some solutions for 2010 that we hope our politicians, regulators and financial wizards have made.
As world leaders at the Copenhagen summit moved to chart a global strategy on climate change, the U.S. Congress was readying itself to take up cap-and-trade legislation to reduce carbon emissions here at home.
High on the mutual fund industry's “to do” list is defeating legislation that would impose a $150 billion-per-year tax on securities transactions.
The latest version of the tax credit for first-time homebuyers has two new features that may make the credit more widely available, which means more clients with Roth conversion income may be affected.
Broker-dealers that hold client assets for registered investment advisers are pointing their marketing and technology arrows at practice management.
If there is one word to describe Donald Robert Pitti, the financial planning pioneer who died Dec. 18 at the age of 80, it would be “enthusiasm.”
An investment adviser has been charged with defrauding investors in a scheme that used former National Football League players to promote offerings in an insurance company.
The 20 most influential people in the advisory industry
China's lavish bank lending spurred a recovery but also pumped up markets as speculators scooped up stocks and property and even dabbled in garlic, dried chilli peppers and luxury Pu'er tea.
A judge in Massachusetts throws the book at an adviser who swindled the heirs of gilded-age industrialist Frederick Ayer, Jr.
Advisers have a real opportunity to serve the needs of clients who are saving for retirement — especially women.
Stocks are falling in midday trading as a stronger dollar tugs on commodities prices.
Stock futures pointed to a lower open on Wall Street Wednesday as a stronger dollar tugged on commodities prices.
A former Merrill Lynch broker has accused the firm of interfering with a regulatory inquiry into a case in which it allegedly skirted responsibility for advice given on a tax loss trade.
A Boston-based investment firm has agreed to pay $1.3 million in restitution to Montana investors for a Ponzi scheme run by an independent broker in Kalispell.
