Fortunately for financial adviser Robert Bolen, the recent floods that inundated Nashville, Tenn., skirted his office in suburban Brentwood.
The estate alleges in a lawsuit filed Wednesday that JPMorgan forced the now-failed bank to put up collateral that sapped Lehman of cash.
Upstart independent broker-dealer DeWaay Financial Network LLC has landed another top independent registered rep.
A group of Internet con artists masquerading as the Securities and Exchange Commission is swindling investors
As the Senate this week wades through scores of amendments to legislation on financial regulatory reform, lobbyists are going toe-to-toe over applying a fiduciary standard.
The regulators won't actually set compensation. Instead, they would review — and could veto — pay policies that could cause too much risk-taking by executives, traders or loan officers.
U.S. prosecutors in Virginia plan to step up pursuit of financial fraud cases, taking advantage of a court holding two years ago that their district has jurisdiction over crimes linked to federal securities filings
Richard Ziegelasch and Wendy Holmes, who managed $258 million in client assets, are on the move to Credit Suisse
Firms will never admit that they lost somebody good or admit that they hired somebody bad.
Rush “Rusty” Benton, who founded WealthTrust LLC in 1997 to buy majority stakes in independent wealth management firms, is stepping down as chief executive officer of the company and will assume the new role of chairman, he said Thursday.
An amendment floated last week by Sens. Arlen Specter, D-Pa., and Ted Kaufman, D-Del., that would impose criminal penalties on broker-dealers for violating fiduciary standards is giving the senators a way to vent frustration with Wall Street.
Arlen Specter's call for criminal penalties is sure to draw fire from Republicans on the hill and lobbyists in the Senate reception room
State Street Global Advisors tabs former Goldman and Barclays executive to head its defined contribution business
Between the latest inspirational ad circulating on national television narrated by that silver-tongued Peter Coyote and all my compatriots writing about them [yes, I'm talking about your iPad for advisers coverage Bill Winterberg], I just knew I'd get a press release like this any day now.
The former Maxim Group broker allegedly lied to Merrill about his book of business, then purportedly made off with a $780K inducement loan
Indicted financier R. Allen Stanford was sued by a unit of American Express Co. for $115,712.79 in back credit card debt.
Edward Brokaw, a former Deutsche Bank AG broker, was barred from the securities industry for manipulating the price of Monogram Biosciences stock in an effort to enrich a hedge-fund client, himself and his family, the Financial Industry Regulatory Authority said today.
Best-selling author claims lavish compensation rewarded bankers for the wrong things
When he was mayor of New York, Ed Koch often would ask constituents, “How am I doing?”
