DOL's Su Tells House Lawmakers New Fiduciary Rule Remains a Priority
By Melanie WaddellThe rule will address the unlevel playing field for different kinds of companies giving investment advice, Su said.
October 11, 2023
Largest Financial Firms Grapple With Worst Write-Offs in Three YearsJPMorgan, Citigroup, Wells Fargo and BofA are set to report $5.3 billion in combined third-quarter net charge-offs tied to bad loans.
October 11, 2023
Advisor Pleads Guilty to Bilking 45 Clients in Cherry-Picking SchemeThe barred broker faces up to 25 years in prison when he is sentenced Dec. 28.
October 10, 2023
At DFA, ETFs Signal End of ExclusivityBut "the real reason for Dimensional's success has always been substance, not style," Dave Nadig says.
October 10, 2023
U.S. Life Activity Tilts Toward Bigger PoliciesMIB sees lower volume overall but growth for insurance providing more than $250,000 in coverage.
October 10, 2023
Prosperity Life to Buy Annuity Issuer for $1.9BPaul Singer's Elliott Management owns a majority stake in National Western Life's buyer.
October 10, 2023
Wells Fargo Customers Report Online Account Balance ProblemsThis isn't the first time lately that Wells Fargo customers reported account problems.
October 10, 2023
Sigma Financial Owner Has a New NameThe wealth management firm also announced the appointment of Rob Engle as chief revenue officer.