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While a religious group was predicting the imminent Apocalypse last week, a set of financial services industry representatives were warning of the possible end to their own world.

Reputation, in recent years an albatross for the financial sector as a whole, is starting to look more like a point of differentiation.

Craig M. Lewis has been named chief economist and director of the Division of Risk, Strategy, and Financial Innovation at the Securities and Exchange Commission.

Ameriprise Financial announced in April that it would sell the unit.

The Conference Board Leading Economic Index for the U.S. ticked down by 0.3% in April to 114.0 (2004 = 100), following a 0.7% increase in March and a 0.9% increase in February.

Analysts think Sonova Holdings AG, the world's largest manufacturer of hearing aids, is poised for strong growth for the next decade and represents a solid value at its current trading price.

Calamos International is now making its three-year-old Calamos Emerging Markets Fund available as a UCITS.

A Financial Industry Regulatory Authority (FINRA) arbitration panel awarded $1.7 million to a Texas man and the estate of his deceased wife, after finding that a former independent contractor at Raymond James Financial Services improperly managed their portfolio using life insurance and variable annuities.

More workers are delaying retirement, according to The Conference Board.

The firm should have been more on the ball, from a supervisory standpoint, the claimants’ attorney said.