Goldman Sachs boss Lloyd Blankfein is testifying in Congress today. Yesterday, a Senate panel released Goldman e-mails that may not enhance the firm's reputation with some clients
Citigroup Inc. won dismissal of a lawsuit by six former brokers who said they shouldn't have to pay back the balance on their signing-bonus loans totaling $1.51 million.
In a dramatic comeback, the defunct firm's longtime CFO was about to be named CEO of Pali Capital. It wasn't meant to be
Proposed regulations that would limit the way that financial advisers are compensated for working with retirement plans are forcing broker-dealers to reconsider how their -representatives sell and advise retirement plans.
Citigroup Inc. has been smacked with a suit from a former broker who is trying to stop the New York-based banking behemoth from clawing back the remainder of a signing bonus he owes for leaving the firm in 2006.
Insurance offerings aren't the only products that generate retirement income.
Andrew Lo, a professor of finance at Massachusetts Institute of Technology, says it's normal for clients who suffered huge losses to continue to have difficulties making logical decisions
Discussing long-term health care insurance is difficult but necessary
Annuity advoacy organization also wants the government to make it easier for plan sponsors to offer the investments to employees
Three former UBS advisers form an independent registered investment advisory firm called Mississippi Investment Management.
"We are a different bank from a year ago," insisted chief executive Oswald Gruebel
Firms need not offer exchange-traded funds commission-free — or at a discount — to accumulate ETF assets.
If Congress votes to hold brokers to a fiduciary standard, some securities firms could face 4% to 10% declines in profitability per broker, according to a research note issued today by Ticonderoga Securities LLC.
The value of Warren Buffett's options to buy Goldman Sachs Group Inc. shares dropped by $950 million after regulators sued the bank for misleading clients on the sale of securities tied to the subprime mortgage market.
Uncle Sam — specifically the Internal Revenue Service — wants your clients' money.
Fixed-annuity sales are about to receive a new layer of supervision from state regulators.
Previously, the suitability rule imposed an obligation on insurers only with respect to variable annuities. Now it includes variable annuities as well.
After the rally of 2009, uncovering undervalued stocks got a lot harder. And lately, even upbeat economic news has failed to boost the market. No wonder investors are having a dickens of a time finding reasons to buy.
