Bank of America Corp. reported a 77% decline in first-quarter earnings, to $1.21 billion, or $0.23 cents a share.
Tools designed to help investors avoid investments in countries that sponsor terrorism or genocide, or that violate the human rights of their citizens, are the latest offerings from financial services firms.
A small but growing number of advisers are turning to derivatives-based strategies to help manage increased levels of market risk.
Attention, registered investment advisers who keep assets at Bear Stearns: The big custodians are out to bag you.
The bank reported a 72% increase, led by gains from lending to investors and last year’s $18.3 billion merger with Mellon Financial.
The regulator wants to delay a rule that governs the review of deferred variable annuity sales.
Citigroup reported a loss of $5.1 billion, or $1.02 per share, for the first quarter, its second consecutive quarterly loss.
At Omaha, Neb.-based TD Ameritrade Holding Corp., first-quarter profits were up 35% to $187 million.
Confusing information used by financial services firms is leading many Americans to make investing mistakes.
A bill would create a federal office inside the Treasury to provide expertise on regulating the insurance industry.
The Conference Board's index of leading indicators perked up 0.1% in March, following five consecutive declines.
U.S. housing starts totaled 947,000 last month, representing a 36.5% drop from March 2007.
Consumer prices rose by 0.3% in March, led by rising costs in energy, food and transportation.
The U.S. dollar fell to a record low against the euro today, depreciating 1.1% to $1.5965.
JPMorgan, Wells Fargo, BlackRock and Knight showed first-quarter profits, while Piper Jaffray swung to a loss.
Before JPMorgan stepped in to buy Bear Stearns at a bargain basement price in March, the firm was already flailing.
State Street posted a 69% increase in profit for the first quarter, helped by $600 billion in new assets.
Joseph P. Brandon, chairman and chief executive of General Re Corp., left his post following a rocky court case.
The increase in the producer price index was the largest increase since the it rose 2.6% in November 2007.
Screening companies for their ties to countries deemed sponsors of terror is a concept that seems to intrigue investors.
