(Bloomberg) -- TD Ameritrade Holding Corp. and its largest stakeholder, Toronto-Dominion Bank, agreed to buy Scottrade Financial Services Inc. for $4 billion, combining two of the largest online brokerages while expanding the U.S. operations of...
(Bloomberg) -- TD Ameritrade Holding Corp. and its largest stakeholder, Toronto-Dominion Bank, agreed to buy Scottrade Financial Services Inc. for $4 billion, combining two of the largest online brokerages while expanding the U.S. operations of...
The U.S. government and MetLife are set for a rematch in a U.S. appeals court over how federal regulators decide a company is "too big to fail."
Boston-based Eaton Vance Corp. announced plans Friday to acquire the business assets of Calvert Investment Management, a fund manager that invests in socially and environmentally responsible companies. The move is another sign of the growing trend...
Flawed.
A 2014 report from the Public Investors Arbitration Bar Association (PIABA) criticized FINRA’s BrokerCheck system for not including information available from many state securities agencies, such as the circumstances behind a broker’s ...
There are lots of reasons to leave a wirehouse and go independent: the Department of Labor fiduciary rule, compensation structures collapsing or a firm being in the news for a banking scandal. But for many advisors, it still comes down to the...
Over a dozen executives from national asset management firms, including BlackRock, Legg Mason, Eaton Vance, T. Rowe Price and State Street gathered on the afternoon of Sept. 29 in Manhattan to discuss the changes and challenges in third-party...
(Bloomberg) -- Prudential Financial Inc. said James Sullivan is stepping down as executive chairman of the $652 billion fixed-income, asset-management unit after a 35-year career with the insurer...
(Bloomberg) -- Financial advisers who once shunned Vanguard Group because it didn’t pay commissions are now among the fund giant’s best customers...
(Bloomberg) -- MetLife Inc., the largest U.S. life insurer, will phase out the use of Snoopy and Peanuts characters in its marketing...