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Northern Trust reported third-quarter profits of $155.6 million, a 17% decrease from the $187.9 million earned in the third quarter of 2009 and a 22% decrease from the $199.6 million earned in the second quarter of 2010.

ETF Securities has launched the ETFS Precious Metals Basket, an exchange-traded fund that holds fixed physical weights of gold, silver, platinum and palladium.

The online brokerage giant, which has been hampered for years by bad loans from its banking unit, has seen trading activity continue to decline as a result of the "flash crash."

Hedge fund's portfolio managers take control of firm from Morgan Stanley

Though it bucks conventional wisdom, giants may become smaller, simpler and safer over the next handful of years if regulators properly use tools provided in the Dodd-Frank Act.

A near-record of mortgage refinancings and expense control were essential to Wells Fargo in grinding out $3.3 billion in profit as loan demand sputtered again.

The needle didn't move much, but the uptick in commercial loan demand at U.S. Bancorp and other big lenders provides at least a thread of hope for the return of asset growth.

Over half of American donors (55%) plan to maintain the same level of charitable giving in the fourth quarter, despite market uncertainty, according to a survey by the Fidelity Charitable Gift Fund, the largest donor-advised program nationally.

After the shocks and bumps of the Great Recession, younger Baby Boomers are already thinking about their retirement plans, and are clear on one thing: When it comes to retirement income, they want guarantees, according Allianz Life Insurance Company of America, which released a study Tuesday.

More than half of investors are maintaining their level of charitable giving in the fourth quarter—whether their advisors choose to help them or not.

The former Ferris, Baker Watts LLC will pay $500k for inadequate supervision of sales of reverse convertible notes to retail customers.

According to Allianz, 97% of surveyed younger boomers say the U.S. is in a retirement crisis.

Low rates are causing investors to cash out of short-term CDs when they mature; banks respond by adding ever more short-term CDs.

With more time to rebuild its coffers and failed-bank losses easing, the FDIC Tuesday abandoned an across-the-board premium hike slated to go into effect next year.

The Delaware company hired Walter J. Dillingham Jr. as a managing director and business development officer; John M. Lawson as a managing director and investment advisor; and Leigh H. Weiss as a managing director and investment advisor.

The Palo Alto, Calif., based company, which will now be called Wealthfront, said that it has attracted more than $100 million in assets to its investing platform in its first year of operation.

The previous year, assets declined 23%, Towers Watson says.

Now is the time for a balanced approach to both equities and fixed income, MFS advises.

The Securities and Exchange Commission charged two hedge fund portfolio managers and their investment advisory businesses with defrauding investors by overvaluing illiquid fund assets they placed in a "side pocket."

Broker-dealers who are sponsoring their customers' direct access to securities markets need to face a "higher level of accountability with respect to the algorithms they use,'' according to their chief regulator.