JPMorgan Chase said forth-quarter profit fell 34% after the firm posted a $1.3 billion write-down on subprime mortgages.
U.S. consumer prices rose 0.3% in December of 2007, followoing an 0.8% bump in November, the largest of 2007.
“The NAIC investigated itself with an attorney who used to work for the insurers,” said the Life Insurance Settlement Assoc. chief.
The new indexes measure the performance of companies in accord with the values and principles of Dharmic religions.
Producer prices were up 6.3% in 2007, the largest full-calendar-year rise since 7.1% in 1981.
Doug Townsend has been the vice president and controller of both entities since January 2004.
Ameriprise Financial Inc. has experienced the defection of another top representative, this time a leading producer in its franchisee group, to LPL Financial.
The Interstate Insurance Product Regulation Commission today added two new regulators.
Many financial advisers are in a mood to buy stocks despite the drubbing their portfolios have taken in the first few trading sessions of 2008.
Two of the Section 529 college savings plan industry's most sought-after contracts up for renewal this year have been taken off the table, leaving Michigan as the biggest prize for ambitious program managers in 2008.
The U.S. trade deficit grew to $63.1 billion in November 2007, an increase of 9.3% over October.
Economists polled by The Wall Street Journal put the chance of recession at 42%, up from 23% just six months ago.
As managing director and head of fixed income trading, Bill Parry will oversee all fixed income traders.
The RBC CASH Index, which has gauged consumer confidence since 2002, hit a new low this month.
Wholesalers posted a 2.2% increase in sales in November, marking the largest gain in over two years.
The model act covers the secondary market for life insurance, including disclosures for viatical settlements brokers.
Amid signs of inflation, European Central Bank today left its key interest rate unchanged at 4.0%.
Further rate cuts will be needed to "support growth and to provide adequate insurance against downside risks," he said.
Natixis Global Asset Management LP of Boston announced today that David Giunta has been named president and chief executive of Natixis Global Associates.
Charles Zhang, consistently Ameriprise's No. 1 producer this decade, left Jan. 2 to join LPL.
