-
New regulations requiring traders to post initial margin when clearing swap contracts through clearinghouses and outside of clearinghouses will cost financial firms $1.4 trillion in new capital charges, according to a research report released on Monday by Tabb Group.
October 11 -
Direct Edge said it is preparing to deliver a database of trade and quote history that is available anywhere, online.
October 11 -
Anova Technologies said it is rolling out a technology that will encrypt trading instructions in under one millionth of a second.
October 11 -
Bank of America Merrill Lynch has unveiled a new set of features for its 401(k) and employee financial benefit programs including new mobile access to retirement account information.
October 11 -
In July, forward-thinking fund managers were trying to figure out what might happen to their holdings if -- heaven forbid -- the unimaginable might occur. In this case, the unimaginable was whether a major ratings agency might downgrade U.S. debt, given the fractiousness of American political decision-making.
October 7 -
NYSE Euronext said activity on its U.S. stock exchanges fell 19.8 percent in September from August.
October 7 -
Risk management software firm Algorithmics said that it will work with Societe Generale Corporate & Investment Banking to develop a counterparty credit valuation adjustment product that SocGen can use to actively price and manage counterparty credit risk across all asset classes.
October 6 -
A majority of married couples in their 60s lack the knowledge about how to maximize their Social Security benefits and whether or not to expect Social Security advice from a financial planner.
October 6 -
BNY Mellon Shareholder Services has launched Mobile Proxy Voting, enabling client companies to extend electronic proxy voting to smartphones, tablets and other web-connected mobile devices.
October 5 -
ING knows people of all ages are now virtually tethered to their smartphones and tablet PCs, so its rolling out a new program to help employees instantly enroll in their employers retirement plans.
October 5 -
A senior executive with FINRA sought to tamp down the concerns that many investment advisors have raised about empowering the self-regulatory organization with oversight of the sector, pledging that significant reforms would accompany any such transition.
October 5 -
Barclays Wealth has continued its hiring streak of U.S.-based professionals focusing on Latin American ultra-high-net-worth clients.
October 5 -
Of the many policy issues surrounding the investment advisor sector, few are more charged than the question of where regulatory authority should properly be housed. And those divergent viewpoints were on full display at the annual advocacy summit hosted by the Financial Services Institute.
October 5 -
A doctoral candidate and his advisor from Texas Tech University won the Retirement Income Industry Association's first Thought Leadership Award, the association announced at its fall conference Tuesday.
October 5 -
Investors appear to have switched gears from focusing on replenishing their balances from 2008s market downturn to taking all of the responsible steps to prepare for retirement, according to Principal Financial Groups analysis of retirement plan participants behavior in 2010.
October 5 -
One or more Internet users claiming to be the digital activist group known as Anonymous Hackers said overnight that it intends to take down the New York Stock Exchanges public website next week.
October 5 -
A top official with the Labor Department defended the controversial plan to expand the definition of "fiduciary" to cover people providing advice to retirement plans on a commission-based model, a proposal strongly opposed by industry groups representing independent broker-dealers and advisors.
October 4 -
When it comes to retirement income, clients are concerned about rising health costs, and they probably also should be concerned about long-term care, said a top executive of Merrill Lynch's Retirement Income Program, in a keynote address at the Retirement Income Industry Association's fall conference.
October 4 -
Top economists who spoke here at the Insured Retirement Institute annual conference told attendees to brace for fundamental paradigm shifts as they wait for global and domestic economies to stabilize.
October 4 -
Merrill Lynch, Pierce, Fenner & Smith Inc. has been fined $1 million for supervisory failures that allowed a Texas broker to run a Ponzi scheme.
October 4
