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When it comes to revenue and expense management, the investment management industry is fragmented and in need of an overhaul, according to a recent survey of EMEA investment managers by Bonaire Software Solutions.

In addition to serving the local community, such clinics offer new graduates real-world experience.

Instead of expected retirement at the age of 65, the number has gone up to 75, according to My New Financial Advisor's survey.

The federal regulator late Monday adopted a rule that establishes standards for how clearing agencies should manage risks and run their operations.

SIFMA chief executive Tim Ryan said at the trade group’s annual meeting that the commodity futures regulator’s plan to oversee swaps made by foreign firms with U.S. participants breaks from international standards.

RiverNorth Capital Management has launched a new options/volatility mutual fund: the RiverNorth Dynamic Buy-Write Fund (RNBWX), which sells what the firm believes to be the “most attractive covered equity options”.

Millions of Americans are facing their own personal fiscal cliff, with half of middle class investors saying their most important day-to-day financial concern is paying the bills, never mind saving for retirement, according to a survey from Wells Fargo. What can advisors do to help?

Goldman Sachs Group Inc. changed how it calculated year-end bonuses in 2005, corrupting a culture of teamwork that existed previously, according to a book published today by former employee Greg Smith.

Facing a growing demographic of Americans who likely have not saved enough for retirement, BlackRock launched The BlackRock Retirement Center, a new digital retirement platform that offers individuals access to resources, tools and insights about their pending retirement.

Bank of America Corp., the lender that got a $5 billion boost from Warren Buffett last year, now has the “top capital” among peers and is capable of paying a bigger dividend, said Chief Executive Officer Brian T. Moynihan.