Top Portfolio Products: Decker & Co. Launches With Focus on Southeast Asia
New products introduced over the last week include a suite of large-cap equity funds from Nuveen and four new corporate term bond ETFs from BlackRock.
Mobius: China to Experience U.S.-Like Housing Crisis
The credit crunch was spiked by the Chinese central bank's tightening of liquidity.
Do Incentives Really Motivate People?
I get a twisted kind of pleasure when good arguments cause me to reconsider my long-held beliefs. The recent book by Clayton Christensen, “How Will You Measure Your Life?” spurred such a transformation.
Five Years After the Crisis, Can We Prevent the Next One?
The U.S. has made progress, but measures like money-market fund regulation are needed to avert future financial instability, a Fed governor says.
In Shift, Conservatives Line Up Against Big Banks
In the shifting alliances that are characteristic of politics, the presumed closeness of Republicans and Wall Street may be increasingly tested.
S&P 500 Closes at Record High, Topping ’07 Mark
The S&P 500 closed at a new high, three weeks after the Dow obliterated its own closing record.
SEC Budget Faces $108M Cut Under Sequester; House GOP Blasts SEC’s ‘Misplaced Priorities’
Republicans on the House Financial Services Committee criticized the agency Tuesday for “repeatedly failing to fulfill any part of its mission.”
Financial Crisis’s Pricetag Could Top $10 Trillion: GAO
Losses incurred by the financial crisis of 2007-'09 could exceed $10 trillion, and the effects could linger for years to come, according to a just-released report by the Government Accountability Office.
Sallie Krawcheck: Top 10 Reasons It’s Bad to Pay Bankers in Stock
Krawcheck says it’s time for large banks’ boards to come up with new payment strategies for executives, such as bonds, “which are fundamentally risk-discouraging.”
New Hire Roundup: Caiazzo Chairs SIFMA’s Clearing Firms Committee
Christian Sulger-Büel became managing director of FOX International, and Bill Mitchell was named senior portfolio manager at WHM Capital Advisors.