Industry

New executive at Axa Equitable, more changes at BNY Mellon's newly-expanded wealth unit, and a new board for the IMCA.

Richard M. Weil will replace Gary Black, who resigned suddenly in July as the Denver investment manager continued to suffer heavy outflows.

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

The new chief will build investment management relationships with corporate pensions, public pensions, family offices, endowments, and foundations.

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.

The merger, effective Jan. 1, boosts the assets under management of the Seattle-based firm to more than $1 billion.

He was previously a partner in the financial services regulatory practice at PricewaterhouseCoopers, where is was also known for his expertise in corporate governance, enterprise risk management and regulatory compliance and ethics.

Lower-producing UBS advisors have been given six months to boost their production.

The Securities and Exchange Commission has named Carlo V. di Florio director of the Office of Compliance Inspections and Examinations. He was previously a partner in the financial services regulatory practice at PricewaterhouseCoopers, where he was also known for his expertise in corporate governance, enterprise risk management and regulatory compliance and ethics.

The financial services firm promoted Jonathan Pruzan and Eric Bischof to global co-heads of it financial institutions group.