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NEWS
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GLBs Buoy Variable Annuity Sales, But for How Long?
March 9, 2010Guaranteed living benefits may now be synonymous with variable annuities, but unless insurers rein in costs and restore benefits, sales may continue to slide.
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Sallie Mae Launches Banking Products to Aid College Savers
March 9, 2010The company launched an FDIC-insured, high-yield online savings accounts and certificates of deposit.
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Millionaires Increased in 2009
March 9, 2010The number of U.S. households with a net worth of $1 million or more, not including primary residence, increased 16% to 7.8 million last year, according to a report released Tuesday.
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Jet Set: Beat the Bank with Family Loans
March 9, 2010All-time low interest rates and tight credit could make the family bank the lender of choice for the wealthy.
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Dallas Financial Advisors Shot in Their Office
March 9, 2010Youve taken all my money, gunman said
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Morgan Keegan Faces Losses from Bond Fund Arbitrations
March 9, 2010But the Regions wealth management unit refuses to roll over.
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IRA Minimum Distribution Requirements Likely to Return This Year
March 9, 2010As the market has, indeed, rebounded nicely, Congress is likely to reinstate the RMDs this year, experts say.
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BlackRock iShare ETFs Gaining Share in 401(k)s
March 9, 2010Driven by the success of exchange-traded fund provider BlackRock, ETFs appear to be gaining notable market share in 401(k) plans, and while their use so far has primarily been among small companies, once the trend catches on among larger employers, ETFs popularity in 401(k) plans could become quite notable.
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Frank to Banks: Write Down Second Mortgages
March 9, 2010House Financial Services Chairman Barney Frank urged four of the nation's top banks to adopt principal writedowns on second-lien mortgages to allow borrowers to keep their homes.
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True Story: Bank Books Reveal Depth of Problems
March 9, 2010Low price-to-book values reflect doubts on accounting, risks
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Research Roundup: Investment Ideas and Analysis for the Week of March 8
March 8, 2010Tomorrow is the one-year birthday of the market low. How are we doing? Comments from JPMorgan Funds, BlackRock and more, plus the weeks reports.
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Fired Execs Grubb and Allen Network at BISA
March 8, 2010Two bank brokerage executives have lost their jobs, according to rumors at the Bank Insurance and Securities Association conference.
Discussion of the Week: 