A long-running trademark battle is threatening to derail the expansion of the CFA Institute in what has become one of the fastest-growing markets for financial planning professionals.
An Italian judge has ordered Bank of America to stand trial in connection with the 2003 collapse of Italian dairy company Parmalat SpA.
UBS picked deputy group CEO Marcel Rohner to helm the company, replacing Peter A. Wuffli.
A specialty insurer said that two of its employees received Wells notices from the SEC's division of enforcement.
Commerce Bank N.A. of Cherry Hill, N.J. has announced the departure of chairman and CEO Vernon W. Hill.
HSBC Holdings has applied for a life insurance license with a Chinese partner and expects to begin operations in that country by 2008.
LaSalle Bank is cutting 100 more jobs than previously announced, but none of the additional reductions will come from the Chicago area.
The Security Benefit Group of Companies today announced it will acquire Rydex Investments.
Former SEC chairman and activist trader Richard C. Breeden is seeking three board seats at H&R Block.
Limiting deductions for state and local taxes could pay for reforming the alternative minimum tax.
National Penn Bancshares will acquire Christiana Bank & Trust Co. for about $56.5 million in stock and cash.
New York Life will launch a series of five target-date funds called the MainStay Retirement Funds.
An adviser to the Dutch high court said ABN Amro can sell LaSalle without shareholder approval.
New York Life Insurance Co. said on today that its COO, Theodore Mathas, would add president to his title as of July 1.
John Hancock will pay $21.2 million to settle an investigation of the firm's failure to disclose revenue sharing schemes.
AXA Equitable Life Insurance Co. has named Kenneth T. Kozlowski vice president of its Funds Management group.
Bank of America said it lost about $450 million from the bankruptcy of Parmalat after relying on "fraudulent misrepresentations" made by the Italian dairy company.
Two powerful bank trade groups today announced plans for a merger.
The SEC is looking at possible problems involving revenue sharing payments made by funds of funds.
