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Five banks — M&T Bank Corp., PNC Financial Services Group Inc., Hancock Holding Co., People's United Financial Inc. and First Niagara Financial Group Inc. — countered early criticism of the prices and rationales of their recent acquisitions with hard data.

Brokerage firm Benjamin F. Edwards & Co. has staffed its new Chattanooga, Tenn. office with nine new hires, many from Wells Fargo Advisors, while also adding a Morgan Keegan veteran to its Texas team.

The Financial Industry Regulatory Authority (FINRA) has a message for investors considering lesser-understood investments as an alternative to traditional fixed-income and equity investments: caveat emptor.

Raymond James announced on Monday it nabbed a $500 million team from Morgan Stanley Smith Barney in Newtown, Pennsylvania.

A total approach to financial planning that looks at everything from taxes to 401(k) accounts is an important part of the practice of Troy Von Haefen, founder and owner of Von Haefen Financial Management in Nashville, Tenn.

For many employees faced with the prospect of having to save for rising healthcare costs and for retirement, it's important to understand that it doesn't necessarily have to be an either/or decision.

Vanguard Group is extending its Admiral low-cost shares to six additional domestic equity index funds, effective September. The new fees will range from 10 basis points to 21 basis points.

Nationwide Funds Group has launched the Nationwide Alternatives Allocation Fund, a passively managed mutual fund that will invest in seven alternative asset classes: global real estate, emerging market debt, emerging market stocks, commodities, TIPS, international bonds and high-yield bonds.

Precidian Investments, formerly known as Next Investments, has launched the Maxis Nikkei 225 Index Fund, an exchange-traded fund that Precidian says is the first U.S-listed ETF based on the Nikkei.

Forward Management has introduced no-load share classes on three of its real estate and infrastructure funds, in an attempt to make alternatives more accessible to investors.

Wasatch Advisors has named Eugene “Gene” Podsiadlo director of mutual funds.

Faithshares is getting out of the Christian values exchange-traded fund business, confirming this week it will shutter its last remaining religious values-based ETF, the Christian Values Fund ETF (FOC), sometime next month.

DST Systems has signed a definitive agreement to acquire ALPS for $250 million in cash.

Russell Investmentshas promoted Len Brennan to president and chief executive officer, succeeding Andrew Doman, who is now chairman of the board.

Fidelity Investments has named Scott Couto as the new president of its Financial Advisor Solutions unit, where he will oversee the firm's product suite, investment consulting services, product analysis and marketing endeavors.

Practice management tips to gain visibility and get you recognized as an expert.

BNY Mellon said it launched an app that will let its institutional customers move cash and securely access key reports and account information from iPad tablet computers.

Sixty-seven percent of America’s middle-income Baby Boomers expect that their retirement experience will be drastically different from their parents’, a survey by the Bankers Life and Casualty Company Center for a Secure Retirement found.

Franklin Templeton Investments has launched the Templeton Frontier Markets Fund in Canada, which will invest at least 80% of its portfolio in 61 countries in the very early stages of development, such as Bangladesh, Sri Lanka, Romania, Jordan, Tunisia, Columbia, Zambia, Paraguay and Kenya. International investing expert Mark Mobius will run the fund.