Practice

WASHINGTON — Treasury Secretary Tim Geithner used a hearing on the bailout of American International Group Wednesday to repeatedly endorse President Obama's plan to impose a 15 basis-point tax on large banks and restrict their growth and activities.

WASHINGTON — Though there is growing concern that interest rate increases will catch banks off guard, regulators are split on how big the threat is.

Will the proposed “Volcker Plan” really hurt large companies as much as feared?

The team brings a decade of UBS experience.

Putnam CEO seeks alliances between insurers and asset mangers to develop retirement solutions.

There is such multiformity among the baby boomers that not everyone even agrees on who exactly belongs in this group.

Ultra-high-net-worth families have given the firm a big cash infusion

The American Institute of CPAs is offering a CPA-oriented guide on Roth IRA conversions now that the old $100,000 income limit for converting a traditional IRA to a Roth IRA no longer applies.

Putnam Investments unveiled a new website for its 401(k) plans Monday that keys investors into a monthly retirement income figure, rather than their existing balance or a retirement savings target.

WASHINGTON – Senate Majority Leader Harry Reid has scheduled a vote for Thursday that would clear the path to a second term for Federal Reserve Board Chairman Ben Bernanke.