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Bank of America Corp. chief executive Brian Moynihan's heavily anticipated speech Monday fell short of the hype, but it was enough to ease tensions.

Driving down costs with more technological innovation and avoiding regulatory hurdles and losses through far more robust risk management are two of the key concerns of mutual fund boards today.

Retirement programs for public employees are under siege, with numerous state and local employers either undertaking or considering massive restructuring of their benefit plans. The constraint comes as state budgets constrict and asset values drop.

Analysts at Standard & Poor's are looking to exchange-traded funds rooted in individual countries as a vehicle for advisors and their clients to compensate for sustained weakness in the U.S. economy.

Instinet said it handled 43 percent more volume in the trading of stocks in the United States in August, compared to July.

Forty-two percent of hedge fund managers became bearish on stocks in August, up markedly from 27% who were pessimistic in July, according to a survey by BarclayHedge and TrimTabs Investment Research. This is the largest percentage of bearish hedge fund managers in a year.

The concept release is out. And the Securities and Exchange Commission wants to know: Just how much leverage should a mutual fund have?

WASHINGTON - Although Federal Reserve Board officials promised to unveil a long-awaited package of key Dodd-Frank rules by the end of the summer, the central bank is likely to need more time to complete them.

The constant barrage of bad news has eroded consumer, investor and business confidence to dangerously low levels.

Deloitte Consulting has promoted Elizabeth Krentzman from principal to head of its mutual fund practice, a new position at the firm that oversees its auditing, tax, financial advisory and consulting businesses for the fund industry.

As the saying goes, fool me once, shame on you. Fool me twice, shame on me.

If your logo is more than a dozen years old, chances are it's time for a makeover. Tired, dated materials won't reassure prospective clients that you're progressive and will constantly update the knowledge and services you offer. Your branding essentials may not need a complete overhaul, just a simple facelift.

Partnering with local libraries to bring financial education to interested people in her area has been a successful route to prospective clients for Darla Main, of Main Advisory, inc. in McMurray, Penn.

Long-only institutional traders are widely worried about the impact of high-frequency trading programs on the shape of equities markets, according to a survey conducted on behalf of Liquidnet, operator of a venue for trading anonymously in large blocks of shares.

The latest incarnation of TD Bank's buildup of a broad social media program for North America -- the embedding of Twitter staff within the contact center -- is only a few months old, but the bank has already discovered the formula to win an impressive spike in the use of social media to resolve customer queries.

Traditionally, municipal bonds have been sold to investors in units of $1,000 or even $5,000 or $10,000 per bond, a size that deters many smaller investors or leads them to turn to a bond fund. Now California is doing something about that by offering $25 mini-bonds.

Bank-affiliated brokerages have been big revenue earners for banks, especially since the financial crisis struck in 2008, but a new Aite Group study found that banks could and should be doing much more to boost revenues from cross-selling wealth management products to retail bank customers.

Investment advisors could eventually have a national self-regulatory organization akin to the Financial Industry Regulatory Authority soon, if draft legislation introduced by an Alabama Congressman becomes law. But it will not come without a fight.

The concept release is out. And the Securities and Exchange Commission wants to know: Just how much leverage should a mutual fund have?

SS&C Technologies Holdings has completed its acquisition of BDO Simpson Xavier Fund Administration Services Limited, in Dublin, Ireland.