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Though House and Senate lawmakers still have plenty of issues to work out in the final regulatory reform bill, one thing is already clear: The legislation will do little to streamline the fractured financial regulatory framework.

U.S. Trust plans on hiring over 200 people in 2010 in order to expand its wealth management team.

Your assistant could be the future of your firm. But does he or she want to be?

Troubled debt restructurings are on the rise, and they're causing regulatory headaches for bankers worried about how to properly designate and disclose the modified loans.

Bill Would Extend Muni Provisions

The Senate voted Thursday evening to approve a historic financial regulatory reform bill that would make sweeping changes in how the financial system is regulated.

More than half or workers say they’re not confident about having the means to cover medical expenses in retirement, according to data from the Employee Benefit Research Institute.

Total annuity sales fell almost 7% from the fourth quarter 2009 to the first quarter of this year, from $50.9 billion to $47.4 billion, according to a new report by the Insured Retirement Institute.

Mounting concern over the cost of healthcare could open doors for retirement planners.

Many small banks haven’t yet taken out bank-owned life insurance on their key players, creating a sales opportunity for canny advisors.

First Foundation Inc., which opened for business Oct. 1, 2007, did indeed go through a crucible. But it has emerged in good shape—thanks largely to its roots as an advisory firm.

Fixed annuities’ terrible sales figures drag down the total; VA sales remain largely flat.

During his 17-year career, Aziz Hamzaogullari has honed a deliberate style for managing equity portfolios, pegging the worth of held companies not just by their market capitalizations, but whether they pass three important tests.

New rules approved Wednesday by the Internal Revenue Service require 401(k) providers to offer participants at least three investment alternatives to company stock, which experts say most plan providers do anyway.

BOSTON -- As finance ministers in Europe consider proposed rules to toughen the regulation and oversight of alternative-investment funds, hedge fund and private-equity fund lobbyists are hoping members of the European Parliament are still open to compromise.

A fourth market participant, Mark Zaino, has pleaded guilty to participating in bid-rigging and fraud conspiracies in connection with municipal investment contracts and derivatives, the Justice Department announced yesterday.

For a bill that has already seen its fair share of fits and starts, regulatory reform legislation hit a wall Wednesday as it failed a key procedural vote in the Senate and lawmakers squabbled over whether to add more amendments.

For the last two decades Wells has thrived by combining rapid-fire acquisitions with an impressive ability to sell its retail customer base more products than other banks could. Now it is betting it can wring the same results out of commercial banking, and on a nationwide scale.

Royal Bank of Canada says it feels no added pressure to resume U.S. acquisitions despite aggressive moves by a major Canadian competitor.

Money Management Executive, a SourceMedia publication for executives in the asset management industry, today announced the winners of the 8th Annual 2010 Fund Operations Awards. The awards were presented during the National Investment Company Service Association’s General Membership Meeting in Boston.