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Chief financial officers at some of the nation's largest banks and financial services firms are downright bullish on the U.S. economy's overall outlook but nagging concerns about health care reform and the uncertainty of those costs are tempering their optimism.

FINRA Chief Executive Richard Ketchum said firms need to have strong internal vigilance as the self-regulatory organization plans to step up its examination processes.

Cortina Asset Management, a Milwaukee-based firm that manages assets for corporations, foundations and pension plans, has put together a new equity team to operate out of its new New York office.

Baer will help J.P. Morgan develop retirement solutions.

And many are distrustful of unscrupulous financial services and insurance companies.

The atmosphere at the hearing reflected how polarizing a figure Warren has become, being portrayed either as a symbol of overreaching government or a defender of the consumer.

Now that Bank of America has bought itself out of a massive class action over the sorting of overdraft fees, its fellow banks need to decide if they hold an advantage that B of A did not.

For a growing group of acquisition-minded community banks, fee-based businesses are looking like a more attractive way to bolster revenue than are traditional bank deals.

The broker industry’s chief regulator said Tuesday that its examiners will spend more time on “open-ended thematic reviews” that can identify where controls on financial risks break down.