A former SunTrust Robinson Humphrey broker has won $4 million in a defamation claim against the firm.
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.
Advisory firms will be focused on building their businesses this year, after spending the last two years just trying to hang on to the clients they have.
Disbarred South Florida lawyer Scott Rothstein is negotiating a guilty plea with federal prosecutors on charges of orchestrating a $1.2 billion Ponzi
An Indianapolis woman has been sentenced to four years in prison after she was convicted of defrauding investors in an Internet business venture.
A federal judge in western New York has sentenced an investment fund manager to six years in prison for helping run a $33 million Ponzi scheme.
A former stockbroker accused of running a $21 million Ponzi scheme from his suburban Denver home for 15 years has pleaded guilty to felony mail fraud.
A former University of California lineman who spent time in the Tennessee Titans' camp in 2001 has been sentenced to 57 months in federal prison for his role in a $5 million Ponzi scheme.
A former Lazard Freres banker was charged Wednesday with insider trading.
Many of your retired clients are discovering that their accumulated savings are insufficient to meet their current expenses, which translates into a need for more retirement income.
Sid Blum had been running his own firm, GreenLight Fee Only Advisors, for more than three years when in April he received a threatening legal letter from the hedge fund led by legendary short-seller David Einhorn.
The broker recruiting wars are heating up, with wirehouses jacking up their offers to new heights to lure more representatives in 2010.
President Barack Obama is asking bank executives to support his efforts to tighten the financial industry, while bankers are prepared to tell the president he should stop oversimplifying their concerns if he wants good-faith collaboration.
For many financial services firms, planning a holiday party this year is less about raising employees' spirits and more about keeping celebration costs low.
It came as no surprise to Cathy Curtis when MORE, a glossy women's magazine, recently ranked financial adviser as one of the 10 best professions for women over the age of 40.
For years, James Barnash brushed aside conflicts at work, hoping the situation would get better. But instead, it made things worse.
Take a moment to think about a store you visit regularly, a family physician from which you never stray or a dentist you always recommend.
The House today killed a proposal that would have given the Financial Industry Regulatory Authority Inc. the authority to regulate investment advisers at broker-dealers.
