HSBC Holdings has applied for a life insurance license with a Chinese partner and expects to begin operations in that country by 2008.
Former SEC chairman and activist trader Richard C. Breeden is seeking three board seats at H&R Block.
The Security Benefit Group of Companies today announced it will acquire Rydex Investments.
UBS has been accused of "dishonest and unethical" practices in dealings with hedge fund advisers.
Limiting deductions for state and local taxes could pay for reforming the alternative minimum tax.
Hedge fund management company Simpson Capital, its owner and head trader have been sued by the SEC.
Bear Stearns has selected Thomas Marano, head of its mortgage unit, to help save one of its troubled hedge funds, published reports said.
The EEOC has sued Merrill Lynch on behalf of an Iranian national who alleges that the bank discriminated against him.
Cantor Fitzgerald of New York is entering the alternative asset management arena.
The screenwriting team behind "Ocean's 13" have signed on to pen a new HBO series that the producers of "Entourage" are developing about a group of hedge fund managers, according to Crain's Television Week.
