Finance

The activist views LPL Financial as undervalued and may seek talks with management and the board on strategic and operational changes.

Activity at credit unions has been on the rise since the Bank Transfer Day movement in November 2011. It remains to be seen, however, if credit unions can succeed at keeping many of those relationships.

The third quarter ends in two weeks, and top executives at Citigroup, Wells Fargo, and two regional banks are raising concerns about cost pressures, impediments to revenue growth and heightened lending risks.

While economists at Goldman may not expect the Fed to raise rates until December, the bank's equity strategists are preparing clients for the first hike in nearly a decade.

After years of enduring meager returns on low-risk investments, retirees can look forward to more money in their pockets after the Fed starts raising interest rates, though the benefits won’t flow swiftly. The Fed, which has drawn political ire for policies that critics say penalized savers, says it expects to only raise rates gradually.

Opinions are split on whether the Fed will raise rates this week. Just over half of the analysts surveyed by Bloomberg predict no change, while about 48% predict some level of increase.

The Department of Labor is trying to get its fiduciary proposal passed before President Obama’s term is over—some question whether it can happen that quickly.

Plans with custom target date funds nearly doubled last year.

Janet Yellen has the fixed-income market just where she wants it: ripe for the first increase in U.S. interest rates since 2006.

Commentary: There are other much larger and offensive “holes” in the current disclosure that are more deceptive and allow more conflict of interest than DOL’s proposed BICE.

To reach profitability, it's necessary for leaders to conduct a "brutal and open self-analysis," says UBS Chairman Axel Weber. Several of the firm's rivals have changed CEOs this year.

Talented lenders and anxious clients should expect a full-court press from Pennsylvania's community banks as they look to take market share from of the state's newcomer.

Allowing Brian Moynihan to serve as both CEO and chairman of Bank of America would "concentrate too much responsibility in a single person," proxy advisor Glass Lewis says.

Pacific Investment Management Co.’s flagship fund fell below $100 billion in assets for the first time in more than eight years, leaving it with about a third of the money it managed at its 2013 peak.

A so-called red team preemptively attacks the digital defenses of the London-based bank, finding any flaws and repairing them before thieves, vandals or terrorists can exploit them.

Emerging-market stocks posted their steepest monthly drop in more than three years as Federal Reserve officials signaled that they’re prepared to raise U.S. interest rates and concern grew that China’s efforts to prop up equity prices is failing.

Municipal volume is forecast to plunge to the lowest in six months as end-of-summer holidays approach.

Due to a well-timed computer breach, the PureFunds ISE Cyber Security ETF saw one of the fastest ascents in ETF history.

U.S. stocks rallied the most since 2011, halting a six-day rout, as investors found some relief after the worst global equity rout in almost four years.

China is the central focus of a global market rout that has left the Dow with its worst four-session performance since November 2008.