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Four years after it began charging risk-based premiums, the Federal Deposit Insurance Corp. is set to revamp them again for the largest institutions.
November 30 -
With 266 million users in North America, the Internet and social media have become a significant part of the financial services landscape.
November 29 -
Technology analyst Mary Meeker is leaving Morgan Stanley to join Kleiner Perkins Caufield & Byers, a venture capital firm that backed browser pioneer Netscape Communications in 1994 and search giant Google in 1999
November 29 -
Bank of America Merrill Lynch introduced a gauge of risk, hedging demand and investment flows, the bank and brokerage firm said, "is designed to help investors identify market risks earlier and more accurately than commonly used risk indicators," such as the Chicago Board Options Exchange Market Volatility Index, or VIX.
November 29 -
The U.S. Department of Labor’s Employee Benefits Security Administration on Monday proposed disclosures on target-date funds offered in 401(k) plans.
November 29 -
AllianceBernstein has partnered with three leading insurers—AXA Equitable, Lincoln Financial Group and Nationwide Financial—to provide guaranteed income for target-date funds in large 401(k) plans.
November 29 -
Retirees will be rolling over $303 billion a year over the next few years, according to Pershing, and with this tremendous opportunity at hand, the company has issued a report for financial advisers called, “The Secret Knock: Unlocking the Retirement Opportunity.”
November 29 -
The stock market is on a roll, according to TD Waterhouse’s 2011 Investment Outlook.
November 29 -
Capgemini has acquired IT firm Thesys Technologies Private Ltd. of India. Terms of the deal were not released.
November 29 -
Chinese regulators have approved the first mutual fund to invest in gold, as inflation fears stemming from loose monetary policies in the U.S. are driving interest in the commodity.
November 29 -
A London-based pioneer in commodity exchange-traded funds has quickly made a splash in the United States, and plans to become a force here.
November 29 -
The Securities and Exchange Commission, Federal Bureau of Investigation and the office of Manhattan U.S. Attorney Preet Bharara are readying insider-trading charges against numerous financial professionals.
November 29 -
John C. Bogle is a titan of the mutual fund industry, identified most closely with steadfastly promoting the investing principles of slow and steady growth and truthful financial reporting.
November 29 -
A principal aim of the impending cost basis reporting law is to enable the IRS to capture lost tax revenues due to inaccurate or underreported filings. Brokers and custodians are now scrambling to ensure their accounting systems will be compliant with the regulations, expected to take effect Jan. 1, 2011. However, the law will impact firms in other ways they may not yet realize.
November 29 -
John C. Bogle, founder and former chairman and CEO of Vanguard, has received many awards in his lifetime. In 1999, Fortune designated him one of the investment industry's four "Giants of the 20th Century." Princeton University honored Bogle with the Woodrow Wilson Award for "distinguished achievement in the nation's service." In 2004, Time named Bogle one of the world's 100 most powerful and influential people.
November 29 -
James F. Mullery, a 22-year veteran of the financial services industry, has joined Security Benefit as a corporate senior vice president and president for the company's Personal Retirement Savings initiative set to launch in early 2011.
November 29 -
1774-Adriaan van Ketwih creates investment trust for investors limited capital in Netherlands called Eendragt Maakt Magt ("unity creates strength.")
November 29 -
Investigation might redefine insider trading.
November 29 -
Most recently, Casesa led Casesa & Co., an advisory firm serving corporations, investors and governments in the auto industry. Prior to that he served as managing director and global coordinator for automotive research at Merrill Lynch and managing director at Wertheim Schroder & Co.
November 29 -
Brett Rabatin, an analyst with Sterne, Agee & Leach Inc., said the $500 million recapitalization of Sterling Financial in August should have put growth-minded banks on alert: Opportunities to buy big failed banks through the Federal Deposit Insurance Corp. are now few and far between.
November 29



