News Feed

The National Securities Clearing Corp. has developed a new automated service for clearing brokers to establish, monitor and update their relationships with broker-dealers for qualified special representative (QSR) and correspondent clearing transactions.

Lincoln Trust Company has introduced the Personalized Expense Ratio for the 401(k) plans that it administers. The ratio is designed for participants, plan sponsors and advisers to see the actual cost of their plans without having to perform calculations themselves.

As their companies shift from recovery to growth, chief financial officers are becoming increasingly concerned about the external and internal factors through could threaten their progress.

When Matt Weidler made the long walk from his desk to the automated teller machine and realized he had forgotten his ATM card yet again, he decided the best thing to do was to reinvent the ATM.

Capital One surprised observers by coming to market with a $2 billion common stock offering intended to help pay for the $9 billion cash-and-stock acquisition of ING Group NV's U.S. online banking unit.

As regulators prepare for the majority of the Dodd-Frank legislation in the coming months, keeping the U.S. competitive should be a top priority, industry members said at SIFMA’s conference on Wednesday.

Home sales and housing starts began turning up in early 2009, according to the State of the Nation’s Housing report from the Joint Center for Housing Studies of Harvard University. First-time buyers and government help drove an increase in existing home sales, while record foreclosures continued.

As the fruitless debt-ceiling negotiations make a U.S. default ever more likely, planners face a question: Should they recommend that concerned clients shift their assets or, even more boldly, short U.S. Treasuries?

Schwab Advisor Services this week introduced a new software application called LaserApp that lets advisors automatically load new client data onto 80 different Schwab forms.

As their companies shift from recovery to growth, chief financial officers are becoming increasingly concerned about the external and internal factors that could threaten their progress.