GENOA, Italy, May 16- A deepening recession and banking stress tests could find Italy's mid-sized lenders short of billions of euros, putting the state on the hook for a new wave of cash calls and triggering an overhaul of how they do business.» Read More
TOKYO, Feb 15- Japanese financial services firm Orix Corp will buy Dutch asset manager Robeco from its owner Rabobank for about 240 billion yen in a cash and stock deal, sources familiar with the matter said on Friday.
WASHINGTON, Jan 18- Top policymakers at the Federal Reserve felt for most of 2007 that problems in housing and banking were isolated and unlikely to tear down the U.S. economy as they ultimately did.
WASHINGTON, Jan 18- Top policymakers at the U.S. Treasury Secretary Timothy Geithner, then president of the New York Federal Reserve Bank, said during an emergency telephone call on Aug. 10 of that year that most of Wall Street was still doing fine. Similarly, Fed Chairman Ben Bernanke underestimated the risks of a looming financial blow-up.
General Electric reported fourth-quarter earnings and revenue that beat estimates as the maker of jet engines and wind turbines looks to expand in developing markets.
Former SEC Chairman Harvey Pitt told CNBC that this exchange deal signals that "equity trading is not the wave of the profitable future."
How much will the fiscal cliff impact you, and how can you minimize damage to your finances? Here are questions financial advisers are sifting through with clients.
Paul Smith, Asia Pacific MD of the CFA Institute discusses the new trends emerging in the financial services industry. He thinks it includes whistle-blowing, and a lack of fear among traders to speak out.
To put together a strong team of financial advisers, try these tips.
Professionals, like doctors and lawyers and anyone else who might be sued, should work with an adviser to keep creditors from cleaning them out if they lose in court
With financial advisers moving from one firm to another more frequently than in the past, chances are you'll have an opportunity to review your needs.
The way to foster long-term relationships is to admit that we cannot know what the markets will do, says Mark Hebner, president of Index Fund Advisors.
When it comes to investing in health care, sometimes it's not about medicines and devices. There are real estate investment trusts specializing in the health care sector that invest in property and facilities.
New financial advisory firms are popping up around the U.S., as veteran brokers leave big firms to build their own. These 10 are startup hotbeds.
Consumers would do well to follow these financial survival skills, according to Eleanor Blayney, consumer advocate for the CFP Board.
For financial advice, take the focus off the factors we can't control and move it to the things we can. It requires robust communication and periodic reassessment, according to Marilyn Capelli Dimitroff of Capelli Financial Services.
There are really no problem clients so much as there are clients in problematic situations, says adviser Dan Mathews of Stepp and Rothwell.
It may be a no-brainer to hire an adviser to manage your investment account, but what about your IRA and 401(k)?
When it's time to cut ties, make sure you know what to do and when to do it.
What’s best for you depends on the size of your portfolio, your risk tolerance and how your adviser gets paid.
The markets are trickier than ever, technology is a bear and the parade of complex products with odd names is enough to make your head spin.