Poor Goldman Sachs. The Wall Street firm that's printing money mere months after exiting the federal bank-bailout straitjacket can do no right.
The market may have rallied over the past several weeks, but Bill Gross is sticking to his opinion that investors will never again see the returns and profits of a few years ago.
Exchange-traded funds potentially make it easier for financial advisers to build a well-diversified portfolio that limits volatility by spreading risk. But the proliferation of more exotic ETFs — particularly leveraged and inverse ETFs — could blunt their diversification potential.
American International Group Inc. on Tuesday said it will go ahead with a previously announced pay package for its new CEO Robert Benmosche of $7 million in cash and stock.
A government report Thursday on claims for unemployment aid signaled that layoffs are easing and that the economy could be on the verge of posting the first monthly gain in jobs in two years.
Remember the last scene of “The Shawshank Redemption,” when Andy Dufresne is fixing his boat on the beach in Mexico? I've always loved the resolution of that movie because our innocent hero has triumphed over evil and walked away with enough money to live the rest of his life exactly as he wants.
A one-sentence provision buried in the sweeping financial services reform legislation passed by the House this month has once again pitted investment adviser groups against brokerage groups.
<a href=http://www.investmentnews.com/apps/pbcs.dll/section?Category=Topic&keywordid=363&keywordname=The%20Charles%20Schwab%20%26%20Co.%20Inc.>The Charles Schwab Corp.</a> said daily trading volume dropped 27% in November from a year ago. That dropoff will cut into fourth-quarter profits, the retail brokerage said Monday.
The Charles Schwab Corp.'s October survey of active traders showed a marked increase in bullish sentiment from three months earlier, the discount brokerage firm said today.
Life insurance agents' advocacy groups teamed up this month to ask Senate Banking Committee Chairman Christopher Dodd, D-Conn., to reconsider a legislative provision that would require life agents to become registered investment advisers.
The special master for executive compensation under the Troubled Asset Relief Program told a congressional panel last Wednesday that he does not believe American International Group Inc. will repay all the money it has received from the federal government.
Gary Black, former CEO of Janus Capital Group, launched a new money management firm, Black Capital Management, in New York.
Stock index futures are pointing to a lower open on Wall Street as investors refrain from any major moves while they await a stream of economic data.
Moss Adams, in a bid to continue the expansion of its wealth advisory business, has acquired a registered investment advisory firm in San Diego.
A federal judge refused Monday to postpone prison or consider a lighter sentence for a former Swiss banker-turned-informant who helped launch a massive U.S. tax evasion investigation into banking giant UBS AG.
A federal judge in Florida has refused to dismiss charges of illegal document shredding against two former employees of disgraced financier Allen Stanford.
Fitch Ratings on Monday raised its outlook on Prudential Financial Inc., citing improvements to the insurance and investment company's capital position.
Most of the easy money has already been made in this market rally, making 2010 a “stock-picker's market” that requires more investing skill and analysis, says Adriana Posada, manager of the $6.8 billion American Beacon Large Cap Value Fund (AVASX) from American Beacon Advisors Inc.
Socially conscious fund generates strong returns by applying negative and positive screens
