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Global X Funds has launched the Global X SuperDividend ETF, an exchange-traded fund that offers exposure to 100 global companies that rank among the highest dividend-yielding equity securities in the world.

New York-based exchange traded fund (ETF) provider Global X Funds this week rolled out a new ETF for investors who are looking to buy funds comprised of stocks that consistently deliver solid dividends to their shareholders.

Chris Paulitz, who spent more than a decade working as a spokesman and strategic advisor for both House and Senate leadership offices, hired as organization's director of communications and media relations.

AXA Private Equity has signed an agreement to purchase a $1.7 billion portfolio of limited partnership interests in private equity buyout funds and direct stakes in companies from Citigroup.

A software tools company and a maker of high-performance servers said they set a new record in the speed of pricing options contracts.

With stock trading, there seems to be an app, of course, for just about anything. Here are some of the best ones out there today.

Long-term mutual funds reaped $2.83 billion in inflows in the week ended June 1, the Investment Company Institute said.

In banking, the phrase "expense reduction" is often a euphemism for "layoffs." The chief financial officers of Comerica Inc. and Huntington Bancshares Inc. avoided the L-word when speaking to investors on Wednesday but said their institutions are prepared to cut workers if revenue stays weak or the economy gets worse.

Painful consolidation is coming to community banks, and the biggest determinant of which companies will survive is the quality of senior management, particularly the chief executive.

Although banks failed in their attempt to convince Congress to delay an interchange fee cap for debit cards, the financial services industry is not giving up, just changing venues.

Financial Planning’s 2011 ranking of the biggest independent broker-dealers

The Federal Reserve will not officially launch a third round of quantitative easing to help boost the flagging economy, but will rely instead on a “magical weapon” -- the language of its policy statements to try to keep interest rates historically low for an extended period, PIMCO money management titan Bill Gross said Wednesday at the Morningstar Investment Conference.

Without admitting or denying the SEC’s charges, Wunderlich settled with the regulator for about $627,688 in penalties.

Investors concerned that the equities markets and the economy seem to be hitting a soft patch might think about looking at stocks that have a long history of paying dividends.

State Street Global Advisors this week announced a pair of executive moves, naming Bill Street as its news global head of fixed income alpha strategies and Brian Kinney as its new global head of fixed income beta strategies.

I just got back from my yearly pilgrimage to the Northern California regional conference in San Francisco, which is always one of the best financial planning meetings of the year, and two interesting nuggets caught my eye.

Even if they bite the bullet and stay on the job well past retirement age and late into their 70s, most Baby Boomers and the Gen-Xers who follow them will not have enough savings to cover their basic retirement expenses and out-of-pocket health costs.

TIAA-CREF has launched the TIAA-CREF Lifecycle 2055 Fund, a target-date fund aimed at those who are 18 to 22 years of age and destined to leave the workforce in or around 2055.

Robert W. Baird & Co. has continued its San Francisco expansion by hiring financial advisors Jonathan Fitzgibbons and Joyce Linker from ThinkEquity LLC.

Bank of America Merrill Lynch has hired UBS financial Advisor Christopher Bollenbach to its Century City, Calif. office.