$250K limit can easily be bumped up to $2M; CDARS, brokered CDs gaining in popularity
Retail accounts of many banks not money-spinners; Wells Fargo latest to join field
New unit named after maker of bank's trademark stage coach
Typical family office invests more than a quarter of its clients' assets with hedge funds; share could be even larger
Credit ratings agency follows its downgrade of US long-term sovereign credit rating with a host of additional downgrades.
Fears of second economic downtown driven by fears, not fundamentals; 'bad things have not happened'
S&P's single-notch lowering of the U.S. sovereign debt rating was seen as a big blow to the Treasury market. Instead, worries about default on government debt has investors clamoring for -- yep -- government debt. The result? In an auction this week, taxpayers saved $647M.
Warren Buffett roundly disagrees with S&P's lowering of Uncle Sam's credit rating, stating that the United States deserves 'quadruple A' status.
GOP and Democratic lawmakers skewer plan to apply stricter standard to retirement plan advisers; 'absence of evidence'
The state of Louisiana will collect about $1 million in a settlement with John Hancock Life Insurance Co. as part of a massive investigation into the insurer's payment of death benefits
The ten largest life insurers doing business in California are under the microscope over the way they handle dormant life insurance policies.
Florida's insurance cop is looking into whether insurers' alleged failure to deliver deceased clients' death benefits promptly may have boosted the companies' financials
Florida's insurance regulator is looking into whether insurers' alleged failure to deliver deceased clients' death benefits promptly may have had an impact on the companies' financial statements and reserves.
Envestnet Asset Management Inc. has signed an agreement to provide a money management platform for Shareholders Service Group Inc., a San Diego-based custodial firm that serves 700 advisers.
Lincoln Trust and Great-West claim the Labor Department's disclosure rules don't go far enough when it comes to fixed general account fees for insurers.
Daily trading volume among 401(k) plan participants soared during the height of Congress' debt-ceiling debate, producing a massive transfer to fixed-income investments from equities, according to Aon Hewitt.
The 2007-2009 recession gouged the world's largest economy more deeply than previously estimated and the recovery lost momentum throughout 2010 before stalling this year, revised figures show, painting a bleaker picture that may raise concern over the outlook for U.S. growth.
The bipartisan deficit reduction plan gaining momentum in the Senate likely would require lawmakers to curtail or end the preferential tax treatment of capital gains and dividends
Stricter regs could hurt carrier's core businesses; MetLife Bank accounts for mere 2% of earnings
On Sunday, the first day that same-sex couples will be able to marry in New York, chances are good that a client or two of Brian D. Emery's will be lining up to apply for a license
