The Bank of England is holding interest rates steady at 0.5 percent and leaving its 200 billion pound ($325 billion) program to expand the money supply unchanged.
A weaker dollar and hopes for more good news on employment are lifting stock futures.
An amendment to legislation to be considered today by the House Rules Committee could exempt accounting firms that audit certain broker-dealers from having to register with the Public Company Accounting Oversight Board.
Insurers claimed a small victory in the indexed-annuities war, as the SEC said it will delay by two years the effective date of a proposed rule that would make the products securities.
Life insurers will be back in the black at the end of the year, reaping an estimated $16 billion in profits, according to new research from Conning Research and Consulting.
Wells Fargo & Co. says its third-quarter profit nearly doubled from a year ago although it joins other big U.S. banks in reporting higher loan losses.
The struggling online brokerage and bank looks to raise capital to pull itself out from under mortgage-related loan losses.
Although five exchanges will soon vie to clear credit default swap trades in Europe and the United States, the number is likely to dwindle to one on each side of the Atlantic in the next couple of years, according to analysts and industry participants.
CEO said he's leaving as a result of strategic differences with the parent company
Stocks are slightly lower in early trading as concerns about foreign debt problems offset a weaker dollar.
World stock markets fell Wednesday amid ongoing worries about sovereign credit risks and ahead of a key budgetary policy statement from the British government.
Dubai's main stock exchange plunged for a third straight day Wednesday as investors dumped holdings.
Stock futures are indicating a higher open on Wall Street Wednesday, bouncing back from the previous day's losses as the dollar resumes its decline.
California is considering charging broker-dealer and investment advisory representatives $25 per year to cover the cost of regulating more investment advisory firms, the state's corporations commissioner, Preston DuFauchard, told InvestmentNews today.
The broker attrition at Morgan Stanley Smith Barney LLC is slowing down, according to Charles Johnston, its president and chief operating officer.
I don't mean to sound insensitive or flip, but a few years ago, I came up with an economically and socially beneficial way to address the hunger problem in New York. I call it the PR solution.
Morgan Stanley Smith Barney LLC is entering into the recruiting wars with its guns blazing and is creating a potential pay package for new advisers that will match that of its rival Merrill Lynch & Co Inc.'s Global Wealth Management unit.
In another acknowledgment of the rapid rise of independent investment advisers, Putnam Investments is creating a distribution channel dedicated solely to selling its products to them.
