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S&P 500 Poised for Record Close on Fed Bets After Debt Deal

Fidelity Appoints Pam Holding CIO for Institutional Unit Pyramis

Rolling redemptions offer reinvestment opportunities in longer-term, presumably higher-yielding bonds.

Fraud against the elderly is expected to rise as the nation's baby boomers near retirement. Bankers and regulators are keen on trying to get ahead of the issue.

FINRA set guidelines for the first time for how banks in the U.S. should perform due diligence on brokers who sell their structured notes.

The firm has added a Florida-based team with over $1 billion in client assets to its independent channel.

Mariner Wealth has jumped into the burgeoning space recently abandoned by LPL’s NestWise.

Trust and investment services generated $123.8 million in third-quarter revenue, up 7% year-over-year.

Bank of America posted strong revenue growth in the same quarter its big rivals showed weakness on bread-and-butter banking. But concerns about its higher litigation expenses overshadowed the good news.

The world’s most profitable securities firm before the financial crisis said earnings were little changed as the bank cut costs in response to a 20% drop in revenue.