Practice

WASHINGTON — The details are still sketchy, but an idea to tie compensation plans to deposit insurance premiums is already dividing the banking industry.

Regulators, with their reputations on the line and anxiety about the future, are forcing some banks to hold on to much of the capital. In recent months, some banks that wanted to fully repay the Troubled Asset Relief Program were allowed to return a fraction.

TD Ameritrade has unveiled a series of tools and resources to help investors better understand how the 2010 Roth IRA modifications might affect their retirement benefits.

With the economy still on life support and inflation an increasing threat, the Federal Reserve will continue to act like a “sugar daddy” and leave interest rates untouched until 2011, predicts PIMCO Co-Chief Investment Officer and founder Bill Gross.

The insurance giant's new ad campaign tries to capitalize on investors' flight to safety.

This is the latest in a growing list of Roth IRA conversion education tools offered by financial services companies.

The average 2010 fund clawed its way back in 2009, with a 20% return, easing investor worry about these retirement funds and moving the push for regulation to the back burner.

The agency provided no further details on the action. The agenda for the meeting of the FDIC's board includes an advance notice of proposed rulemaking on "employee compensation."

WASHINGTON — Senate Banking Committee Chairman Chris Dodd's decision not to seek reelection strengthens his ability to enact regulatory reform, but the final bill is also expected to be more moderate, observers said Wednesday.

December saw the biggest number of wirehouse advisors changing firms since August.