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M&I, acquired last year, will be brought into the BMO Harris Bank network.

There's no question that breaking the buck value of a share, permanently, would upend if not destroy the foundation of the money market mutual fund industry.

David Wray, president of the Plan Sponsor Council of America, will retire from his post as president of the PSCA at the end of September.

Since the Reserve Primary Fund broke the buck in September 2008, the nation's money market mutual funds have seen a long, steady erosion of their use by corporations and financial institutions.

As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.

On August 3, 2012, Fidelity Investments is reportedly gearing up to make a run at the active exchange-traded fund space, Bloomberg News reports.

An arbitration panel has struck down an investor's $1 million plus claim against Morgan Keegan's troubled bond funds, citing the standard industry warning "Past performance is not guarantee of future results."

While still somewhat lackluster, the July jobs report is a strong starting point for growth in equities markets, says Mark Luschini, chief investment strategist at Janney.

Ohio-based regional bank names Michael Robinson to lead its wealth management efforts

With all eyes toward London, one Senator is looking to reward winning athletes with a tax break.