Finance

There are five main areas advisors can tackle now ahead of a potential SEC audit.

U.S. stocks fluctuated, after the Dow Jones Industrial Average rose to a record yesterday, as investors dissected corporate earnings and data showing an unexpected gain in jobless claims and higher consumer spending.

FINRA's arbitration process is flawed beyond repair, and investors would be better served under a different system, argues author and columnist William D. Cohan.

Bank of America, which last month won approval to lift its dividend for the first time since the financial crisis, said it will suspend that increase and $4 billion of planned buybacks because of an error in its capital planning.

Here is a rundown of the high-profile investors in small U.S. banks who command attention and their investments styles.

U.S. prosecutors are seeking more than $13 billion from Bank of America to resolve federal and state investigations of the lender’s sale of bonds backed by home loans in the run-up to the 2008 financial crisis, according to people familiar with the matter.

New York's top financial services regulator has indicated he will hold individuals accountable in enforcement actions. But it's imperative his agency -- and others that plan to follow suit -- adopt and follow defined procedures that consider an individual’s unique, more vulnerable position.

In order for bank CEOs to be included on any "great leaders" list, trust with customers, employees and shareholders must be strong, says one HR officer.

Community banks need a steady flow of prospects. A partnership with a successful retail concept virtually guarantees constant customer traffic, according to one bank marketer.

Alternative mutual funds will be examined by the SEC to assess whether managers are complying with leverage and liquidity rules.

Sen. Elizabeth Warren's new book details the Massachusetts lawmaker's dramatic rise from humble Oklahoma roots to bookish Harvard law professor to liberal juggernaut, and includes some behind-the-scenes insights to the formation of the CFPB and its agenda.

Treasury two-year notes were set to be sold today at the second-highest yield at an auction of the security since 2011 on speculation the Federal Reserve will raise interest rates before the debt matures.

New York’s top banking regulator sent a subpoena to Credit Suisse Group last week as he examines whether its private bank helped clients evade state taxes, a person with knowledge of the matter said.

"Millennial" and "young person" will not always be synonymous. So it makes sense to try to distinguish, as much as possible, which characteristics of millennials are generational, owing to the peculiarities of time and place, and which are simply evidence of youth.

TIAA-CREF, the manager of retirement accounts for teachers, agreed to by Nuveen Investments from Madison Dearborn Partners for $6.25 billion, including outstanding debt.

UBS is expanding its wealth management business in Asia and emerging markets by hiring client advisors, Juerg Zeltner, who heads the division globally excluding the U.S. and Canada, said in an interview.

This "product" is weakened in the customer's mind when interacting with a living, breathing banker inevitably involves fending off sales pitches, writes one retail banking program consultant.

Credit Suisse Group, Switzerland's second-biggest bank, said losses in the fourth quarter were larger than previously reported after it booked more charges for a probe into tax evasion by U.S. clients.

U.S. stocks rose, sending the Dow Jones Industrial Average toward a record close, and Treasuries fell as a report showed U.S. companies added to payrolls last month. The dollar strengthened with copper and gold.

Investors of exchange-traded funds that buy U.S. government debt are signaling that economic-growth optimism is taking root.