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As the Federal Deposit Insurance Corp. Chairman Sheila Bair continues to push for an agency for the financial protection of consumers as part of an overhaul of the financial system, a group of women executives are headed to Washington D.C. to speak to a group of senators about why the agency would be important for women consumers and business leaders.

Broker-dealers can offer financial advice that isn't in the best interest of their clients, and the insurance industry wants to keep it that way.

Mission statements are meant to develop a purpose for family wealth that all members can support.

Over the past decade, the firm's mission has remained the same: to help women build confidence and an open dialogue around financial responsibility and knowledge.

Investors recover their appetites on a steady diet of bonds and fixed income, but can you have too much of a good thing?

After a little more than a year at the helm of Umpqua Bank’s wealth management business, Kelly Johnson can point to some big accomplishments, but he knows that he still has got a lot of work to do.

More than one in four, 28%, of wealthy Americans with at least $500,000 in investable assets and annual incomes of $150,000 or more have or plan to cut back on charitable giving due to the economic climate.

Citigroup has hired Sanjiv Sawhney as global head of fund services, a new position. He was previously head of fund services operations at JP Morgan and is returning to Citi, where he began his career and served for 15 years.

Financial advisors are looking forward to 2010. In fact, 68% of advisers recently surveyed define their 2010 business mindset as one of acceleration and growth.

HSBC Holdings PLC's North American arm is taking a breather from expanding its modest U.S. branch network after adding 125 branches in the past five years.

WASHINGTON — Where to put a proposed new consumer protection division appears to have become a game of musical chairs.

PHH Corp., best known for originating mortgages behind the scenes for household names like Charles Schwab Corp. and Merrill Lynch, plans to expand other home lending channels as industrywide volume tanks.

Inflows and performance take funds to pre-crisis levels.

Citigroup has hired Sanjiv Sawhney as global head of fund services, a new position. He was previously head of fund services operations at JP Morgan and is returning to Citi, where he began his career and served for 15 years.

Being owned by a bank has handcuffed many mutual fund units. Just don’t tell that to JPMorgan Chase & Co.’s J.P. Morgan Funds.

Natixis Global Associates, in conjunction with Absolute Asia Asset Management, has launched the Absolute Asia Dynamic Equity Fund, a multi-cap fund that will invest in Asian companies, ex-Japan. It is the first fund offered in the United States by the Singapore-based Absolute Asia management team, which has been headquartered in the region for more than a decade.

Delaware Investments has launched the Delaware Diversified Floating Rate Fund, which will invest across the fixed income investments spectrum for those investors looking for exposure to floating-rate securities; at least 80% of its assets will be in floating-rate securities.

When people are afraid, they cut back on discretionary expenses, which is how most people view estate-planning services, one expert said.

The New York company announced Monday that it has hired a former T. Rowe Price executive to lead its charge in the bank channel.

The deal, which is expected to close by the end of this year, would be the largest in AIG’s ongoing restructuring efforts.