Jamie Dimon, JPMorgan Chase & Co.'s chief executive, expressed frustration about how bankers have been vilified since the financial crisis began last year.
Frugal consumers trimmed spending in April — although by less than expected — as rising unemployment kept pocketbooks in check and motivated Americans to save.
Seven years after being spun off by Citigroup Inc., Travelers Cos. is supplanting its former parent as a member of the Dow Jones industrial average.
John Hancock Financial Services today released a variable annuity called the John Hancock AnnuityNote.
Economists expect an index measuring the manufacturing sector's health to have contracted at a slower pace in May than in the previous month.
The Department of the Treasury's recently re-leased “Green Book” describes in detail the revenue proposals contained in the president's budget for fiscal-year 2010.
Two bills that would transform the way insurance agents are licensed and regulated are likely to face a difficult time in the Senate, according to insurance industry officials.
The recession may have put a crimp in college savings plans, but it has actually heightened interest among parents and students in a greater variety of colleges, according to one industry observer.
Smith Barney is not letting at least one of its brokers break away without a fight.
In the wake of the stock market downturn, more financial advisers are turning to technical analysis.
Thanks to unprecedented market volatility, widely followed style indexes published by Russell Investments are expected to look substantially different at the end of the month when the firm's stock indexes are re-balanced.
Raymond James Financial Inc. has acquired a boutique investment bank to expand its reach in that business, following through on plans to scoop up acquisitions in the troubled market.
As retirement looms for baby boomers, financial advisers are finding additional uses for their clients' health savings accounts, including covering the cost of long term care insurance.
Independent advisory firms have stepped up their outreach efforts, and the largest firms continue to open accounts even though their assets under management have dropped.
Household financial decisions are being made increasingly by affluent women, creating opportunities for financial advisers, according to two industry surveys.
The expected reduction in front-end sales charges by large mutual fund companies may help stimulate sagging sales for Section 529 college savings plans.
Congress should pass, as quickly as possible, a bill to establish an Office of Insurance Information.
In an era of unprecedented dividend cuts, money managers and financial advisers are stepping up their due diligence when searching for income.
Proposed IRS rules would allow employers that made automatic 401(k) plan contributions under a safe-harbor provision to suspend or reduce those contributions if they incurred a substantial business hardship.
A late day shot of adrenaline has sent stock prices soaring and given the big market indexes their third straight monthly gain.
