What Makes a Nonbank SIFI? GOP Lawmakers Demand Answers
“Both FSB and FSOC appear to take a ‘we-know-it-when-we-see-it’ approach” to identifying systemically risky firms, the House Republicans say in a letter.
Government Pension ‘Millionaires’ Outearn Private Sector
A private sector worker would have to retire with a 401(k) balance of $768,940 to match the retirement income of an average career state government employee.
20 Best & Worst States for Taxpayer Value
WalletHub’s study factors in infrastructure, education, health and three other categories of state government services.
Top 15 Cheapest States for Long-Term Care Costs: 2014
Genworth’s 11th annual study provides data on the states with the lowest costs across a range of LTC services.
New Hire Roundup: Sosa Leaves PIMCO to Lead New DoubleLine Group
Danielle Fischer went to the Private Client Reserve of U.S. Bank, and Mariner Wealth Advisors acquired a majority interest in Housen Financial Group.
Why a Client’s Job and Location Are Critical to Portfolio Building
For optimal asset allocation, it's crucial to consider factors like what industry investors work in and where they live, a Morningstar report says.
Top 20 Richest Colleges for 2013: The Biggest Endowments
Of the 835 colleges studied, endowments rose by an average of nearly 12% in the fiscal year ending in June 2013.
Wall Street Bond Dealers Whipsawed on Bearish Treasuries Bet
Betting against U.S. government debt this year is turning out to be a fool’s errand. Just ask Wall Street’s biggest bond dealers.
SEC Charges Ex-BP Crisis Manager With Insider Trades After Deepwater Horizon Oil Spill
The employee, a senior responder during the 2010 Deepwater Horizon oil spill, traded on confidential information about the magnitude of the disaster, the SEC said.
Top 25 Best Cities for Millennials to Live
For financial advisors looking for hotbeds of up-and-coming clients, check out these rankings from Niche Local.