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Reflecting their deep turmoil during the past two years, the banking and insurance industries rank as the least trusted in the U.S., with banks recording the only slide in faith the past year, according to the inaugural 2010 Edelman Financial Services U.S. Trust Barometer.
February 8 -
OppenheimerFunds Chairman John V. Murphy has joined Korn/Ferry as managing director for the asset and wealth management sector of the global financial market.
February 8 -
Nearly two million Americans 55 and older were unemployed and searching for work in January.
February 8 -
ETF Securities, the largest provider of exchange-traded commodity products in Europe, hit the $1 billion mark in its four precious metal-based ETFs in less than six months, a milestone considered extraordinary by industry analysts.
February 8 -
Before his troubled last days at Merrill Lynch, Thain was a well respected executive in financial services. But its his time at Merrill that have been seared into the public memory.
February 8 -
New practice management tool leads list of initiatives.
February 8 -
Barnaby Grist will join the newly minted Cetera Financial Group as executive vice president of wealth management.
February 8 -
UBS is offering new recruits a "no-cap" deal, provided they can hit the ground running.
February 8 -
Bill Gross, a perennial critic of Fannie Mae and Freddie Mac, also created a windfall profit when he bet against the semi-government mortgage giants.
February 8 -
An industry group developing best practices for 403(b) retirement plans is coming closer to streamlining these plans to make them even more similar to 401(k) plans, but first they will have to get everyone to agree to speak the same language.
February 8 -
The actively managed exchange-traded funds sector is increasingly going mainstream, and Grail Advisors is riding right along with it. Grail is aggressively expanding its product lineup, introducing two fixed-income funds that brings to seven its stable of actively managed exchange-traded funds.
February 8 -
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NEW YORK - Financial experts think 2010 could provide many interesting opportunities in the realm of wealth transference, particularly with the temporary, one-year expiration of the federal estate tax and reduction of the gift tax.
February 8 -
An industry group developing best practices for 403(b) retirement plans is coming closer to streamlining these plans to make them even more similar to 401(k) plans, but first they will have to get everyone to agree to speak the same language.
February 8 -
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The actively managed exchange-traded funds sector is increasingly going mainstream, and Grail Advisors is riding right along with it. Grail is aggressively expanding its product lineup, introducing two fixed-income funds that brings to seven its stable of actively managed exchange-traded funds.
February 8 -
Investors are about to test drive 401(k) plans with a 21st Century whole new look and feel.
February 8 -
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NEW YORK - Financial experts think 2010 could provide many interesting opportunities in the realm of wealth transference, particularly with the temporary, one-year expiration of the federal estate tax and reduction of the gift tax.
February 8 -
