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David Stevens arrived as a commissioner at the Federal Housing Administration in 2009 vowing to restore financial discipline to a government housing body facing the stresses of a post-crash world. A former mortgage banker himself, Stevens, now 54, bolstered the agency's finances and pursued alleged wrongdoing at nonbank lenders including Berkshire Hathaway and Goldman Sachs & Co. affiliates.
August 2 -
Its shocking how many rich and famous people make mistake and after mistake, which often leads to heirs fighting over inheritances. But, its not only the rich. Everyday across the country, people from all walks of life make the exact same mistakes time and time again. The only difference is the dollar amounts that theyre fighting over.
August 2
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HighTower Advisors has hired two Washington, D.C.-based Bank of America Merrill Lynch financial advisors who previously oversaw more than $1 billion in client assets.
August 1 -
Fixed income investment professionals are worried about the prospects for the U.S. economy and are becoming very concerned the continuing stagnation in the jobs market.
August 1 -
Bank of America Merrill Lynch has tapped its rival wirehouse firms with the hiring of seven new financial advisors representing $813.14 million in client assets under management.
August 1 -
Credit Suisse this week added Barbara Reinhard as the new managing director and chief investment strategist of its Private Banking Americas group.
August 1 - PH
Whatever the members of the House and Senate do Monday night with the deficit ceiling and deficit-trimming bill that is being put to a vote, the U.S. is not out of the woods yet, according to Morningstar Investment Management economist Francisco Torralba.
August 1 -
Huntington Funds this week announced the debut of its Huntington Disciplined Equity Fund which purports to offer investors a fund that delivers solid, stable annual returns with lower volatility than mutual funds.
August 1 -
Treasury Inflation-Protected Securities, known as TIPS, are instruments designed to protect investors against the corrosive effects of inflation. What's not to love?
August 1 -
Columbia Management has launched the Columbia Flexible Capital Income Fund, which seeks to provide income generation and capital appreciation.
August 1
