Goldman Sachs Group Inc. said Thursday it earned $4.79 billion in the fourth quarter as the bank's trading business again outdistanced the rest of the financial industry.
That's good news for consumer-oriented companies, which are likely to benefit from more incremental spending
Private-equity firm Lightyear Capital LLC last week said that it has completed its acquisition of three ING Groep NV broker-dealers.
Tighter regulation of sales, more mergers and continued capital building are three developments insurance carriers are likely to experience in 2010.
Sales of fixed annuities fell during the third quarter to $21.9 billion, a 21% decline from a year earlier, according to data from Beacon Research Publications Inc.
Brokers' disciplinary records will be available online to the public even if they leave the securities industry, a regulatory organization said Tuesday.
The Dow dropped the most in intraday trading since the market crash of 1987. Was it worries over Greece, or a simple trading mistake that triggered the chaos?
Reflecting the rebounding economy, financial advisers are attending more conferences and taking more courses for continuing-education credits.
The failure of Congress to strip the fiduciary exemption from broker-dealers may turn out to to be the greatest marketing opportunity ever for financial advisers
Onetime DWS exec Philipp Hensler is said to have been on the short list for the job last summer before OppenheimerFunds settled on Carey.
Despite getting smaller, Royal Bank of Scotland still has some very big problems. Bad loans and a shaky economy top the list. Turning a profit? That's still a ways off.
The failure of Congress to plug the 2010 estate tax loophole has created considerable uncertainty.
Quixotic journeys often make for great literature, but by definition are rarely productive. I am, after all, referring to windmills here – not their 21st century creation, but their 17th century chasing.
With the estate tax laws set to expire by year-end — and no clear indication when Congress will address the issue — some financial advisers and attorneys see an opportunity for their high-net-worth clients in this extremely muddled situation.
Investment manager BlackRock Inc. said Tuesday that it has completed its acquisition of Barclays Global Investors, including the purchase of the iShares exchange traded funds business
Financial advisers and brokers should “seize the day,” and “embrace and leverage open architecture products,“ according to David Pottruck, co-chairman of HighTower Advisors LLC in Chicago.
