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Rather than offer the complete lineup of a target-date series in their 401(k) plan, sponsors are selecting only those funds that fit the age and demographics of their employees. This could result in under-funded target-date funds that could put the entire lineup in jeopardy, according to a new report, “Trends in Date-Date Portfolios on Recordkeeper Platforms,” from Financial Research Corp.

Standard & Poor's downgrade of U.S. debt last week is likely to hasten the replacement of credit ratings within bank regulatory requirements.

Institutional traders trying to move large blocks of stock in the face of market swings are driving venues such as Liquidnet to new volume records.

Their portfolios are comparable in size. They are in similar businesses. But HSBC Holdings Plc has a deal to sell its $30 billion of private-label credit cards assets to Capital One Financial Corp., while Citigroup Inc. has been holding the bag on $45 billion of retailers' credit card loans for more than two years.

The Federal Reserve is holding short-term rates near the "zero bound," but some deposit franchises have moved closer to the mark than others.

The Securities and Exchange Commission hit Stifel Nicolaus & Co. and one of its former executives with fraud charges on Wednesday, alleging that they sold $200 million in investments to five Wisconsin school districts without properly representing their risks.

UBS Wealth Management Americas has hired 11 new financial advisors that previously had $1.2 billion in assets under management and $9 million in fees and commissions.

One day after rallying up more than 400 points, the Dow Jones Industrial average was pummeled again Wednesday, shedding 519 points, or more than 4% of its total value, as investors unloaded shares across the board.

The Census Bureau's June wholesale inventory number shows that wholesalers increased their inventories by just 0.6% in June, well below the 1% increase that analysts and economists had been anticipating. The bureau also downwardly revised May’s wholesale inventory figure from 1.8% to 1.7%.

The stock market may be reeling, the U.S. sovereign debt rating may have taken a hit from Standard & Poor’s and the Eurozone debt crisis may be worsening, but high-quality corporate bonds are looking like a great deal.