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Merger and acquisition activity has been in the summer doldrums since Jan. 1. Expectations had been high that 2011 would bring some serious moving and shaking among community banks. But the murky economy and regulatory uncertainty have discouraged buyers, turning them skeptical and picky.
June 13 -
Wal-Mart Stores Inc., the nonbank that banks love to hate -- and fear -- is at it again. The retailer next week will begin rolling out automated versions of its MoneyCenter offices, which provide a range of financial services to shoppers.
June 13 -
Gabriel Garcia, director at Pershing Advisor Solutions, a BNY Mellon company, spoke at the INSITE conference giving advice on how advisors can get more referrals from their existing client base.
June 13 -
As I write this, Im attending Securities Americas annual conference. My team from Impact is here talking with advisors about how they can add multi-media to their websites, create custom magazines for their clients, learn how to work with the media, and add social media tools such as Twitter, LinkedIn and Facebook to their marketing plan.
June 13 -
The New England Patriots winning three Super Bowl trophies is not all about luck and talent. If businesses apply the same team principles, they too can have their share of winning seasons.
June 13 -
The stars in the world of socially responsible investing are companies like Pax World, Parnassus and Ariel, which have leveraged the model to gain billions of dollars of assets under management.
June 13 - PH
Securities America, the broker-dealer firm owned by Ameriprise Financial, may be closer to a sale amid word that its reps and advisors are being asked to sign loyalty pledges -- a common practice that often occurs when the sale of a company is being negotiated.
June 10 -
Life insurance sales through banks, which set records in 2010, are now trending downward sales fell 30% in the first quarter, according to research firm Kehrer-LIMRA.
June 10 -
CHICAGO -- Just last month BlackRock’s Bob Doll told a room full of almost 2,000 advisers at the IMCA Annual Conference in Las Vegas that he believes the U.S. will continue to outperform developing markets and outperform Europe and Japan. “Investors should be overweight the U.S.” he said.
June 10 -
On Friday, at the Morningstar Investment Conference in Chicago the CEO of BlackRock, Laurence Fink, said US economic growth could be slashed 1% a year for the next ten years if the deficit is cut by $4 trillion as proposed.
June 10

