The IRS is seeking information from Citigroup and Lehman Brothers, The Wall Street Journal said.
Willis Group Holdings. today agreed to reimburse about $2.6 million to cities and counties throughout Florida.
Insurance provider Assurant put its CEO and CFO on administrative leave after regulators notified the two executives that they may face civil charges.
Only 38% of consumers think the U.S. will be the world economic leader in ten years, but few plan on investing abroad.
The largest B-D network will fold American General Securities of Houston into AIG Financial Advisors of Phoenix.
Fidelity Investments has appointed Rodger Lawson as the president of FMR Corp., the group's holding company.
An ex-COO is suing the company, saying he was unfairly compensated in the wake of a bid-rigging scandal.
An upsurge in mergers-and-acquisitions activity in the investment management industry is leading some market insiders to speculate that deals involving some well-known companies may be in the works.
Registered investment advisers are the fastest-growing distribution channel for mutual-fund-based small-business 401(k)s. Starting from a small base, they are adding assets at the rate of about 14% a year, according to Boston-based Financial Research Corp.
Talks about the proposed merger between two Toronto-based securities industry self-regulating organizations are hiccupping along.
Jon A. Boscia’s retirement announcement this month has nothing to do with the company’s merger prospects or its financial performance, according to the chief executive and chairman of Lincoln Financial Group.
Two legal decisions this month related to equity index annuities make clear that plaintiffs must attack specific annuity provisions or standardized marketing materials in order to show the “commonality” needed for class action certification.
In a case that married dry-as-dust estate-planning issues with “Dallas”-like squabbling among wealthy family members, a Texas court has decided that King Ranch heir B.K. Johnson had all his faculties when he drew up his last will and that his widow and third wife didn’t manipulate him into excluding his children.
After a long, hard slog, H&R Block Financial Advisors Inc. has found its way to profitability, and it expects to stay there, but its parent company’s long-standing goal of turning millions of tax clients into brokerage clients remains elusive.
CHICAGO — Financial advisers are crafting new strategies to convince clients to complete their wills and estate plans.
NEW YORK — The rich are different, and so are their insurance needs, but many wealthy people may be leaving themselves unprotected, according to personal-lines-property-casualty-insurance specialists.
The Blackstone Group has found a way to dodge billions in taxes, The New York Times reported.
Barclays has added Aaron Tan as managing director and head of Hong Kong coverage, Finance Asia reported.
Conseco Inc. will consolidate operations and sell properties as part of a plan to pare down expenses.
The Secretary of the Treasury will hold a conference to examine the tax system's effect on U.S. businesses and economic growth.
