EEI: ‘Congress & President Must Act Now To Extend Current Dividend Tax Rates’
Today our nation is facing a series of tax hikes and mandatory spending cuts that threaten to send the economy over a ‘fiscal cliff’ at the end of the year.
New Hire Roundup: FINRA Names New Corporate Communications Head
This week in new hires, FINRA announced that Greg Ahern will be its new head of corporate communications, and Neuberger & Berman welcomed Brendan Gill.
On a Tear: How Altegris Made Alternatives Pay Off
Maintaining the proper work/family balance ain’t easy, something Jon Sundt knows firsthand.
Asian Millionaires Shun Wealth Managers
Wealthy Asians have lost confidence in not just private banks but also investment products and low returns since the market woes of 2008.
Biggest Group of Losers in Dividend Tax Hike? The Middle Class: Report
A plan to raise the dividend tax rate will have negative consequences for the middle class, according to a new study from Ernst & Young.
New Hire Roundup: Feldman Named Gold Bullion CEO
This week in new hires, Steven Feldman was named CEO and Eric Schwartz was made chairman of the board at Gold Bullion International, and United Capital brought in three new management team members.
Euro Economy Seen as Shrinking More Than Expected
Ernst & Young predicted that the euro zone will see its economy contract more than it had originally expected as countries tackle budget deficits.
New Hire Roundup: Bowen Is Acting Chair at SIPC; Pologe Goes to Genworth
This week in new hires, Genworth welcomed David Pologe and David Ford joined Securities America.
London’s ‘Bloated’ Banks Shrinking
Banks in London are shedding staff, closing or cutting divisions and seeing pay fall as criticism by politicians, tighter regulations and falling profits take their toll on the financial services sector.
Outlook 2012: Annuities — Industry at Crossroads, With Weatherford, Greenwald, Cortazzo
The fact that two major carriers in recent weeks have announced their exit from the annuity business should tell us all we need to know about the health and viability of the industry. If only it were that simple.