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Data gathered by the deposit research firm Market Rates Insight shows that total deposits increased by a full trillion dollars in the 36 months preceding October, despite the steady plunge of rates paid in that same time frame.
December 10 -
The new slate of House Republicans picked to preside over financial services said they intend to downsize or dismantle the mandates supported by their predecessors.
December 10 -
Thirteen percent of affluent Americans closed at least one investment account in the last year, more than double the pace in the previous five years, according to research.
December 9 -
The online discussion about whether, in our fiduciary debate, we should have one standard or two, has stirred up a hornet's nest.
December 9
Financial Planning -
Retirement benefits, specifically defined benefit programs, are critical when it comes to attracting and retaining employees.
December 9 -
The federal regulator indicates it plans to allow the Public Company Accounting Oversight Board to take on new powers for inspecting the audits of broker-dealers.
December 9 -
Robbins has spent much of her career helping women through major changes in their lives, which is part of the reason Wilmington Brokerage Services Co. appointed her vice president and client relationship manager.
December 9 -
Bank of America Merrill Lynch Global Research has added two new senior analysts focusing on socially responsible investing and sustainability.
December 9 -
ICI has also promoted Gunas to government affairs officer.
December 9 -
The Investment Company Institute announced Thursday that it has hired two executives on its government affairs team and promoted another person in the group.
December 9 -
In conjunction, ProShares is launching a marketing campaign with the tagline, The Alternative ETF Company.
December 9 -
ProShares’ new ProShares RAFI Long/Short exchange-traded fund began trading on NYSE Arca Thursday.
December 9 -
The Financial Services Roundtable offers a common-sense guide to help Americans make the most of their long-term investment decisions and retirement planning.
December 9 -
Retirement benefits, specifically defined benefit programs, are critical when it comes to attracting and retaining employees.
December 9 -
Securities and Exchange Commission chairman Mary Schapiro said that the creation of a system for capturing all stock market data in close to real time is likely half as much as the $4 billion originally estimated.
December 9 -
Nearly $500 million added in week ended Dec. 1, partially reversing the $1.85 billion that walked out the door the previous week.
December 9 -
MasterCard said its SecureCode payment verification system experienced disruptions temporarily Wednesday as part of an attack that also took out its main website by overwhelming it with high traffic.
December 9 -
Along with the executives of Comerica Inc., and U.S. Bancorp, Steinour argued that a partial near-term economic recovery was sufficient for his bank to again achieve increased loan volume and steady profitability.
December 9 -
The idea that the banking business, especially at the largest banks, is back to normal is dangerous. Granted, most of the giants reported better-than-expected profits for the second and third quarters, but the performance was not based on sustainable factors — not for all of them or even most of them.
December 9 -
Advisors need to do more to turn highly satisfied customers into active referrals, according to a survey.
December 8






