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The papers reported over the weekend that the SEC, FBI and the office of Manhattan U.S. attorney Preet Bharara are readying insider-trading charges against numerous financial professionals.

Skittish investors withdrew a stunning $3.107 billion from municipal bond mutual funds in the week ending Nov. 17 — the single worst week of outflows and the largest departure of cash in 10 years, according to weekly fund flow data from Lipper FMI.

Wells Fargo & Co. has agreed to pay Citigroup Inc. $100 million to settle a lawsuit over Wells' acquisition of Wachovia Corp., the two companies said Friday.

Despite tough talk from regulators that they are cracking down on mortgage servicers that do not follow modification guidelines, the agencies have so far done little to nothing to punish firms.

The Securities and Exchange Commission voted on Friday to propose new rules that will require more advisors to register and to file reports about their business activities as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Two former back office assistants of Bernard Madoff were arrested Thursday, after the Securities and Exchange Commission Thursday charged the employees with helping to create phony account statements for his multibillion dollar fraud.

The Securities and Exchange Commission is reportedly investigating a complex $1 billion investment deal Citigroup Inc. arranged leading up to the financial crisis.

College savings funds have slashed fees this year, Morningstar reports, making them worth another look.

Just when the advisory community was hoping that it had put Bernie Madoff behind it, federal authorities announced that two of the disgraced financier’s lieutenants have been indicted on criminal charges and are also facing a civil complaint from the Securities and Exchange Commission. Meanwhile, the Internal Revenue Service announced earlier this week that it has withdrawn the John Doe summons in the UBS AG scandal in which the U.S. demanded that the company hand over…

Two wealth management teams, the BBW Group and the L&S Group, have joined UBS Wealth Management Americas at the firm's office in Baltimore.

Fixed annuities give way to variable annuity and mutual fund sales, but September was nothing to write home about.

College savings funds have slashed fees this year, Morningstar reports, making them worth another look.

Many active fund managers get paid to predict where the market is headed—and to get there a step or two ahead of their rivals.But the management of Allianz Global Investors’ Global Investment Solutions Conservative Allocation mutual fund has shunned that approach, and in doing so achieved remarkable success.

Two former back office assistants of Bernard Madoff were arrested Thursday, after the Securities and Exchange Commission Thursday charged the employees with helping to create phony account statements for his multibillion dollar fraud.

The Securities and Exchange Commission is reportedly investigating a complex $1 billion investment deal Citigroup Inc. arranged leading up to the financial crisis.

Mooney, the well-regarded vice chair and head of community banking at the Cleveland company, would be the first woman CEO of a large U.S. banking firm, though women run the stateside retail bank arms of Royal Bank of Scotland and HSBC Holdings PLC.

If the banking industry has its way, regulators would give financial institutions so many exceptions from the Volcker Rule's limits on risky activities that it might as well not exist at all.

AllianceBernstein has launched the AllianceBernstein International Discovery Equity portfolio, a bottom-up fund that will look for small- and mid-cap companies outside the U.S. with strong prospective earnings growth, valuation and management.

Despite the growing argument that buy-and-hold investing and diversification no longer make sense, Burton Malkiel, Princeton economics professor and author of “A Random Walk Down Wall Street,” writes in a Wall Street Journal op-ed Thursday that is absolutely not true.

IndexIQ, an innovator in hedge fund replication and index-based alternative investments, has partnered with institutional consulting firm Rocaton Investment Advisors to bring alternative investments to small and mid-sized 401(k) plans. Rocaton has also made a minority investment in IndexIQ.