More than 50 letters that contained threats and an unidentified white powder have been mailed to U.S. financial institutions and government offices.
The Department of the Treasury has begun to purchase stakes in several regional banks as the government aims to halt the freeze of the credit markets,
The Treasury Department wants insurance companies to participate in its $700 billion bailout program —and it may take equity stakes in return.
AIG has borrowed $90.3 billion from the federal government, surpassing its original $85 billion rescue loan.
Great Britain’s second largest life insurer, Prudential PLC, is considering buying some of American International Group Inc.’s business units.
T. Rowe Price Group Inc. reported its first profit drop since 2003 today as weak credit conditions led to a steep decline in inflows.
The plaintiff's bar will continue pushing for the elimination of industry arbitrators, said Brian Smiley, the new president of PIABA.
Sobering economic news in Europe, combined with continuing concerns about the U.S. economy, shattered markets in Europe and Asia today.
A Boston federal jury found that disability insurer Unum Group committed fraud against the United States in some of its disability cases.
The SEC has settled with the owner of an investor relations firm who illegally traded the stock of Manatron Inc., an information technology company.
Home sales increased 5.5% last month from August and 1.4% from a year earlier to a seasonally adjusted rate of 5.18 million units, according to the NAR.
U.S. equities plummeted at the open, sparked overnight by news that Sony reduced its 2009 forecast while Toyota Motor Corp.'s third-quarter sales contracted.
Following the “breakdown of the central pillar of competitive markets,” new regulatory changes will be needed in the areas of fraud, settlements and securitization in order for the financial markets to “return to stability,” former Federal Reserve Chairman Alan Greenspan said today.
BrokersXpress, which focuses on representatives and advisers who trade options, said on Tuesday that it is paying $4 million in cash and additional consideration based on future performance for Horwitz & Associates.
Zurich-based Credit Suisse Group reported a third-quarter loss of 1.26 billion Swiss francs ($1.08 billion), compared with a profit of 1.3 billion francs in the year-ago period.
The number of American workers who filed new claims for jobless benefits rose to a seasonally adjusted 478,000 during the one-week period ended Oct. 18, from a revised 463,000 the prior week, according to Department of Labor data.
Advise clients that the choices they make on their beneficiary forms are more important than they might imagine.
Federal Deposit Insurance Corp. chairman Sheila Bair this morning urged the government to exercise the power provided by the $700 billion Emergency Economic Stabilization Act of 2008 to assist homeowners facing foreclosure.
The Financial Industry Regulatory Authority Inc. today announced agreements in principle with Bank of New York Mellon Capital Markets LLC, City National Securities Inc. and Harris Investor Services Inc. to settle charges related to the selling and marketing of auction rate securities.
Ambac Financial Group Inc. of New York has selected David W. Wallis as its new president and chief executive.
