Columbia Management Group LLC recently changed portfolio managers at 20 teams that manage more than 55 mutual funds.
Federal Reserve Chairman Ben Bernanke today backed the idea of creating an optional federal charter for insurance.
E*Trade Financial Corp. has closed its line of four index funds with liquidations to take place no later than March 27.
Congress today commenced an effort to determine whether legislation needs to be enacted to protect the retirement security of the country's aging population.
Eaton Vance Corp. said Wednesday its fiscal first-quarter profit shrank by more than half.
Navy Federal Asset Management LLC today announced the launch of a new managed account platform in partnership with FundQuest Inc. of Boston.
Scott Eyre, a left-handed relief pitcher with the reigning World Series champion Philadelphia Phillies, has joined the roster of major-league players ensnared by the Stanford Financial scandal.
The Internal Revenue Service should immediately issue guidance that would allow customers defrauded by New York-based Bernard L. Madoff Securities LLC.
Financial advisers, already overwhelmed with frazzled clients, want more understanding from their wholesalers.
