Practice

In her final column for American Banker, Editor-at-Large Barbara Rehm says there is no denying the system is safer than it was in 2007, and while further changes may be needed, it makes sense to "take a breather."

Deutsche Bank AG will pay $1.9 billion to settle claims that it didn’t provide adequate disclosure about mortgage-backed securities sold to Fannie Mae and Freddie Mac.

Lawmakers this week called on FINRA to explain its policies for expunging investor complaints about brokers from the public record, suggesting that the industry regulator should revisit the extent to which information is removed from the BrokerCheck database.

In the space of just a few hours, regulators issued -- and banks condemned -- guidance meant to clarify the impact of the Volcker rule on small institutions.

The portfolio management tool has been a key selling point as the rapidly growing tax-focused independent broker-dealer continues to attract tax specialists to its network of nearly 5,000 advisors.

LPL Financial is promoting one of its own. Bill Chetney is slated to become president of LPL Retirement Partners, where he currently serves as executive vice president.

The largest publicly traded U.S. auto insurer, said pension obligations will reduce fourth-quarter earnings by $100 million to $125 million on costs tied to lump-sum payments for retiring staff.

As Wal-Mart Stores Inc. faces a worker backlash over pay and working conditions, Swedish retailer Ikea Group is stepping up rewards to keep staff happy

Wealthy investors with young children share a number of key characteristics, needs and values that set them apart. Make sure you understand them.

The IRS has issued guidance on rollovers within a retirement plan to designated Roth IRAs in the same plan.