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Pyxis Mobile has announced a software upgrade for their mobile application platform, called Application Studio.

Assets of total money market mutual funds fell by $7.19 billion to $3.498 trillion for the week ending April 2, according to the Investment Company Institute.

U.S. Trust, Bank of America Private Wealth Management has announced 12 appointments to the greater Los Angeles market as part of a larger effort to increase its number of client-facing professionals.

BrandPartners Group, Inc., a provider of integrated solutions to the retail financial services industry, has named Patrick Peyton as its new chief financial officer.

Barclays PLC has appointed Gay Huey Evans to vice chairman of Investment Banking and Investment Management.

Money and benefits are the chief career concerns of Generation Y professionals, according to a survey commissioned by Robert Half International and Yahoo! HotJobs.

While the Dow Jones Industrial Average soared 391.47 points on Tuesday and many investment banks' stocks rocketed in the mid-double digits on the good news of infusion of capital from shareholders, Lipper preliminary data on mutual fund results for the first quarter of the year was disappointing, The Wall Street Journal reports this morning.

The Investment Company Institute said it welcomes Treasury Secretary Henry Paulson’s plan to overhaul the financial system’s regulation apparatus.

Pax World Management Corp. has launched three new mutual funds focused on environmental and international concerns. The funds are Pax World Global Green Fund, Pax World Small Cap Fund, and Pax World International Fund.

AIM Investments has been renamed Invesco Aim as part of a new brand strategy that emphasizes the company’s global resources.

With ink from the news of the 2008 Recession already drying in the textbooks and the Big Chill on Wall Street overriding Hookergate glee, it's time, as they say, to think outside of the box.

NEW YORK-FTSE has partnered with Conflict Securities Advisory Group, a risk measurement firm based in Washington, D.C., that has been focusing on Iran, North Korea, Sudan and Syria since just before the terrorist attacks in 2001, through the new FTSE CSAG Terror-Free Index Series.

JPMorgan Tries to Keep Top-Producing Bear Staff

Charles Schwab Corp. of San Francisco is facing a potential class-action lawsuit over no-load ultra short bond fund that allegedly loaded up on mortgage-backed securities and misled investors.

American Express to Buy GE Money Unit for $1.1B

A Fresh Look at the $5 Billion in Mutual Fund Restitution Money

Eliot Spitzer, onetime Wall Street crusader, New York State Attorney General and New York Governor in a first term that ended with his abrupt resignation on March 17, may be forced to release thousands of incriminating e-mails linked to his alleged smear campaign against Senate Majority Leader Joseph L. Bruno.

BOSTON-The worldwide, far-reaching ramifications of questionable subprime mortgages in the United States should have been foreseen and could have been prevented, separately managed account and mutual fund executives concurred at the Money Management Institute's annual conference here earlier this month.

Two years after their introduction, exchange-traded notes are still relatively unknown even among financial experts, but an increasingly volatile commodities market could alert investors to their hidden potential.

Reaction to the Subprime Crisis in the first quarter of 2008.