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Fidelity will team up with Extend Health, a Towers Watson company, to help retiring corporate employees choose Medicare coverage.
February 6 -
Fidelity Financial Advisor Solutions, the Defined Contribution Investment Only unit of Fidelity Investments, is looking to grow its team of wholesalers.
February 6 -
Jim O'Neill, chairman of Goldman Sachs Asset Management, will retire later this year.
February 6 -
Vanguard today said that it is readying the Vanguard Total International Bond Index Fund and its exchange-traded fund shares to launch by the end of the second quarter.
February 6 -
Putnam Investments is launching a marketing campaign aimed at advisor and investors, dubbed, New Ways of Thinking, which will officially begin on Monday, February 11, through a series of print, direct marketing, and online advertising.
February 6 -
The Carlyle Group today officially closed the book on its acquisition of The TCW Group, which retained some 40% of the firm on a fully diluted basis.
February 6 -
For the fourth week in row, equity funds gained assets. Of the $8.18 billion, $3.52 billion went into funds that invest in U.S. stocks.
February 6
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The company announces modest revenue growth and a move to start outsourcing "non-advisor-facing" jobs.
February 6 -
Many investors are carrying the scars of the past five years into 2013. Some may lose money sitting in cash or fixed income while failing to recognize some long-term opportunities. Others may be too keen on trying to time the market to avoid potential downside. To clear up some misconceptions, Wells Fargo explains some of the less focused-on market trends that investors and advisors should keep in mind and also offers some timely reminders that are relevant no matter what direction the market turns.
February 6
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Community banks are starting to regain some traction when it comes to bringing in fees from deposit accounts. The Federal Reserve Board dealt banks a setback in July 2010 with Regulation E, requiring customer permission for enrollment in overdraft programs. It wasespecially harsh on smaller banks, which have historically struggled with noninterest income.
February 6
