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It remains to be seen whether institutions that are in better financial shape than Bank of America and Ally Financial will accept olive branches from Fannie Mae and Freddie Mac.

Despite the government’s insider trading case against expert consultants and hedge funds, flows to hedge funds should be strong in 2011, predicts Agecroft Partners, basing its findings on interviews with 300 hedge funds and 1,500 institutional investors. Agecroft is an alternative investments consultancy.

Nuveen Investments on Dec. 31 completed its acquisition of FAF Advisors, with FAF’s parent company, U.S. Bancorp, receiving a 9.5% stake in Nuveen, plus cash consideration in exchange for investment management of the FAF mutual funds.

The Securities and Exchange Commission has extended by four months the date by which advisors must deliver information about their personnel to their clients to help them make the necessary operational adjustments.

WTP Advisors, a tax and business advisory firm, has acquired Sala Associates, an operations consultancy for hedge funds and investment banks.

The economic rebound in 2011 will be slow but steady—but not strong enough to prompt employers to begin hiring again, according to the findings of the latest Turnaround Management Association survey.

Steadfast Networks said Monday it acquired Radius IT, in a bid to create a network for financial trading.

DWS Investments has had a turbulent history. But its executives say the business is on course to notch its first year of positive net flows in several years.

The outlook for the U.S. economy in 2011 appears to be ... slow and unsteady as she goes.

Employers are clearly more optimistic about the economy, for another 40% that had suspended 401(k) contributions will resume them by mid-2011, doubling the 40% that already have resumed suspended or reduced matches, the Profit Sharing/401(k) Council of America announced.

On the ninth day before Christmas, money invested in U.S.-listed exchange traded funds and exchange-traded products crossed $1 trillion for the first time. The total actually was $1.027 trillion, with $887.2 billion in ETFs and $115.5 billion in ETPs, as tabulated by BlackRock's Global ETF Research and Implementation Strategy Team.

The Depository Trust & Clearing Corporation plans to add a chairman of the board, with separate duties from that of its chief executive officer, Don Donohue.

2010 was a year of many challenges. The May 6 Flash Crash and the fallout of the December 2009 arrest of Ponzi schemer Bernard Madoff kept investors away from stock funds. The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed. Mutual funds and their sales intermediaries were charged with more accurately calculating the cost-basis of original investments in securities, and funds prepared for the Jan. 1, 2011 XBRL deadline.

As part of this transaction, U.S. Bancorp, FAF Advisors’ parent, received a 9.5% stake in Nuveen Investments and other cash considerations for FAF’s long term fund family.

The Financial Industry Regulatory Authority expelled APS Financial Corp., and barred its former president as well as its former broker from the industry. The move comes in response to an alleged scheme involving an elderly investor and markups on CMOs as well as other types of securities.

It's common enough at the beginning of a new year to reflect on where we have been and on where we are headed. A tougher question for the banking industry to answer at the start of 2011 may be: where are we now?

While 2010 was an all-out scramble by Democratic leaders to harness outrage over the financial crisis to push reg reform over the finish line, the legislative outlook for next year ...

Big banks increasingly want branch workers to act like salespeople—but they're not quite ready to pay them for the extra hustle it takes to close a deal.

Public relations is one of the best ways to increase awareness and build credibility, yet many advisors don't take full advantage of this marketing tool.

Commodities have been on a tear as investors have sought alternatives to the volatile equity market, but several market experts believe that now is still a great time to buy, even though prices are high.