Sanders Morris Harris facing disciplinary action for alleged violations of securities laws; two ex-employees also named
Group's research indicates commission-based accounts most cost-effective; critic dubs study 'a complete and total waste'
Wilmington Trust Corp., the Delaware bank founded by the du Pont family and undermined by souring loans, agreed to sell itself to M&T Bank Corp. for $351 million in stock, or about half its market value last week.
More than six out of ten polled employees say they're having to put off exiting the labor force
But indie B-D reports a hike in revenue and profits for the third quarter; 'solid results'
After Morgan Stanley took control of Smith Barney in May 2009 from Citigroup Inc., David Hopkins grew disillusioned with his new bosses.
Here's a common refrain I've heard from advisers over the past two years: “It is a shame I couldn't better account for the economy in adjusting my clients' portfolios”
The potential for political upheaval on Capitol Hill following the Nov. 2 election has grabbed the attention of many financial interest groups — and has some preparing to change the targets for their advocacy efforts.
The year's best performers are headed for a tumble, while three beaten-down stocks are ready to rebound
Retirement industry leaders today pressed officials from the Labor and Treasury departments to ensure that any future “safe-harbor” rules for annuities in 401(k) plans also include other lifetime-income options.
Wilmington Trust Corp. confirmed today that it has hired Carol Baldwin Moody, the former chief compliance officer at Nationwide Mutual Insurance Co., as its new chief risk officer.
Robert P. Gehring, a 39-year veteran of the commercial banking industry, has taken over as head of the credit risk unit at Wilmington Trust Corp.
While federal agencies conduct scores of studies and write hundreds of regulations implementing the sweeping Dodd-Frank financial-reform law, investment advisers wait with trepidation
One by one, the groups representing constituencies in the financial services industry have trooped into meetings with SEC officials to present their arguments about whether the commission should promulgate a regulation imposing a universal standard of care for retail investment advice
More than 800 financial advisers weighed in on their practices, the economy and regulation in our annual special report.
Securities and Exchange Commission member Troy A. Paredes delivered remarks at the Securities Traders Association's 77th annual conference and business meeting on Sept. 24 in Washington
A common belief in the financial services industry is that individuals consolidate a large chunk of their assets among fewer providers as they near retirement
Reaffirms independent broker-dealers' credit rating as 'stable'; brokerages could weather unexpected downturn
Steve Rattner in fighting mood, as onetime boss of Quadrangle Group tangles with N.Y. AG
The U.S. Securities and Exchange Commission is investigating whether Citigroup Inc. misled investors about the riskiness of some soured debt funds, the Wall Street Journal reported, citing unidentified people familiar with the matter.
