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Despite feeling the pain of the economic slowdown in 2008, Americans continued to give generously to charities, though few as generously as Warren Buffett who has promised to donate 99% of his riches.
July 9 -
Despite excitement surrounding investing in emerging markets, many industry observers worry the sector won't be able to measure up to expectations.
July 9 -
Griffith and Grubb upgrade sales management in Fifth Thirds Midwest footprint while Woods breaks ground in its southern territory.
July 9 -
Fiduciary Trust hires Mary Davis as senior account manager and Lisa Marcus as business development officer.
July 9 -
Build America Bonds have begun to reshape long-term taxable bond indexes that until now included little state and local government debt.
July 9 -
The Securities and Exchange Commission has suspended a CPA who was the former senior treasury manager and assistant treasurer at Peregrine Systems, a California enterprise management software company that was charged in 2003 with massive financial fraud.
July 9 -
Hedge funds finished the volatile first half with modest declines. The HFRI Fund Weighted Composite Index lost 0.81% in June, more than offsetting the gains in the first five months of the year to leave the index down 0.18% for the first half of 2010.
July 9 -
If the latest version of financial reform becomes law as expected, banks would lose a lucrative but wildly unpredictable source of profits scaling back so-called alternative investments over the next several years.
July 9 -
Passing regulatory reform legislation, a grueling effort that has taken more than a year of debate, is just a warm-up for an even tougher fight over the future of Fannie Mae and Freddie Mac.
July 9 -
Bank of America Corp. hired two veterans from Fidelity Investments to help continue the expansion of its retirement services operation.
July 8 -
A new analyst at Aite, a series of hirings at Wells Fargo Advisors, and more executive changes.
July 8 -
Bank of America is still the top wealth manager, followed by UBS. Morgan Stanley moved up four slots after buying the Smith Barney business from Citi, followed by Wells Fargo, Credit Suisse, JP Morgan and Royal Bank of Canada, a new entry on the list.
July 8 -
Samoset Capital Group has snagged John Straus, a former UBS executive, to head one of its subsidiaries.
July 8 -
In the perennial debate over active versus passive investing, FundQuest calls a draw.
July 8 -
Rich Linton was hired as head of business retirement solutions and Steve Ulian as head of institutional retirement and benefits solutions, the Charlotte, N.C., banking company said in an internal memo Thursday.
July 8 -
Fieldpoint Private Bank and Trust announced Wednesday that it hired Robert S. Matthews as its president and chief executive.
July 8 -
It might seem strange to bring up reverse mortgages in a space dedicated to the lives of Baby Boomers.
July 8 -
Canadian fund managers will now be limited in the range of services they can pay for with commissions from clients for brokering transactions, based on newly adopted legislation.
July 8 -
The Securities and Exchange Commission said on Wednesday that it will hold an open meeting on July 14 to consider whether to issue a concept release on proxy reform.
July 8 -
The discount broker-dealer for investment advisers has launched an electronic platform that it hopes will appeal to investors in the municipal market.
July 8





