Sean Quinn, once Ireland's richest man, lost $1.3B on AIB bet
Makes enhancements to self-directed system; platform may get more traffice as firm focuses on higher net worth clients
Bank of America Merrill Lynch hired 475 net new financial advisers in the third quarter, but revenue from the largest business unit of Bank of America Corp.'s global wealth and investment management division fell 1.9% to $3.43 billion
In a letter to <i>InvestmentNew</i>s, Mr. Sykes said he was in negotiations to buy certain assets from GunnAllen — and that the purchase price would have more than covered the $1 million regulators deemed it needed immediately to remain open for business
Clients who didn't panic during the financial crisis and kept their money in the Dow have seen their faith rewarded. On Tuesday, the DJIA closed at 13,000 for the first time since Jan. 2008. The question: Where to from here?
Skyrocketing costs of private schools has advisers telling clients to consider less-prestigious -- and less expensive -- colleges for their kids
Whether the Federal Reserve's plan to keep interest rates near zero for a protracted period of time will encourage the business sector to expand is open to debate.
Cool-headed thinking most needed during market gyrations; options one way to take advantage
Industry veteran will oversee sales, relationship management
The door from the trading floor to the chief executive's office opens, and before it can close, the voice of a broker working the phones is heard, using a line that could have been lifted from the Shearson Lehman playbook of the go-go 1980s.
Suit filed by broker in 2005 lives after appeals court reversal
Expiring tax cuts, divided Congress and a hard landing in China among the chief worries