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You’ve heard of structured products. These largely were (and are) complex securities based on lots of streams of cash in underlying loans whose flows were not well predicted. There was a credit crisis associated with them in 2008.

If you’re heading to the Financial Services Institute’s OneVoice Broker-Dealer Conference starting Monday – and even if you’re not – it’s time to reboot because, for the first time, the seventh annual conference will feature a technology track.

New York Life Insurance Company has reorganized into two business units: the Insurance Group and the Investments Group.

Union Bank has hired Stephen Sherline as the Los Angeles regional managing director of The Private Bank, part of its wealth management group.

As tax time approaches, many clients are wondering what to do with their most highly appreciated assets. If they are charitably minded, those assets can be converted into reliable streams of income through charitable trusts.

You’ve heard of structured products. These largely were (and are) complex securities based on lots of streams of cash in underlying loans whose flows were not well predicted. Now come “synthetic” ETFs, where interest-rate swaps and other derivative products are used to replicate the performance of a securities index.

Muni yields have outperformed those of Treasuries by rallying four to five basis points on the intermediate and long ends of the curve throughout the holiday-shortened week. Meanwhile, equivalent Treasury yields backed up three to four basis points.

Interactive Brokers Group, which considered buying part or all of Jon Corzine's MF Global Holdings as it began to collapse in October, said it has begun segregating customer funds from house funds “on a daily basis.”

Securities America promoted Michael Belluomini to regional director of branch office development for the Northeastern region.

This week, IRA expert Ed Slott addresses questions about the tax implications resulting from tapping into Roth IRAs and the timing of required minimum distributions.