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As new reports emerge that Raymond James Financial could be in the lead to acquire Regions Financial’s Morgan Keegan brokerage, Morgan Keegan’s financial force is really wondering what is in it for them, recruiters say.

The offering gives 401(k) plan participants access to index mutual funds with low operating expenses as an alternative to more expensive actively managed funds typically found in most 401(k) plans.

BNY Mellon Wealth Management has hired the former treasurer of Illinois, Alexi Giannoulias, to oversee business development for the Chicago wealth management office.

Retirement plan clients can now get on-the-go portfolio analytics from BNY Mellon’s new iPad app, P Mobile Dashboard.

Merrill Lynch Wealth Management has hired Gary L. Burgess from Deutsche Bank to serve as senior vice president and resident director of its Chicago Monroe office.

The Internal Revenue Service’s initiative to determine whether municipal bonds are being initially offered at prices that fail to comply with tax requirements has left issuers upset and confused about the definition of issue price and what specific abuses the IRS is looking for.

Lawmakers show deep interest in staying involved with 'Volcker Rule' during the implementation phase and regulators may actually be grateful.

With performance under par, hedge fund managers got smaller year-end bonuses for 2011, according to the Hedge Fund Compensation Report.

A date is set for the exchange-traded equivalent of the world's largest mutual fund to get going.

iWASHINGTON — In technical terms, Congress handed regulators the baton a while ago to implement a crackdown on proprietary trading. But as the federal agencies grapple with turning the so-called Volcker Rule into regulation, the process seems almost like a joint effort between two branches of government.