Practice

On June 20, 2012, Prudential Financial, Inc. unveiled several key leadership appointments in the U.S. and Japan, effective immediately.

In the puzzle of oncoming financial regulation, how to properly oversee a firm’s liquidity is one of the largest pieces regulators are now working to get right.

James E. Putman, the founder and former CEO of an Appleton, Wis., investment firm, was disciplined by the CFP Board for allegedly accepting $1.24 million in kickbacks for steering clients’ money into dubious investments.

As Comptroller Curry discloses concerns about JPMorgan Chase's risk management, lawmakers continue their debates over agency funding, derivatives oversight and other issues of the reform effort.

After breezing through a Senate hearing last week, Jamie Dimon faced tough questions from members of both parties at a hearing before the House Financial Services Committee.

The Foreign Account Tax Compliance Act (FATCA) is likely to radically alter how asset managers conduct business on a global scale.

Wells has been on a hiring tear, having added advisors with more than $1.9 billion to its various wealth businesses already this month.

According to the World Wealth Report 2012, last year was the second most volatile period in the last 15 years. The number of people with over $1 million investable assets increased by a marginal 0.8% world-wide, and their overall wealth fell by 1.7%, the second decline since 2008.

On June 19, 2012, Fidelity Investments sent a letter to the European Commission on its Green Paper on Shadow Banking detailing the Commission’s use of the term as “confusing” and “misleading”.

Tom Ford and Jeff Jones join Raymond James’s employee broker-dealer arm, Raymond James & Associates, in Peoria, Ill., and now operate as the Ford Jones Group.