Swiss bank UBS is planning to merge large parts of the back and middle-office functions at its wealth management business, resulting in workforce reduction, the Financial Times reported, citing people familiar with the plans...

JPMorgan Chase & Co's (JPM.N) asset management arm said it has taken a passive, minority stake in New York-based exchange-traded fund (ETF) provider Global X Management Co LLC...

A new U.S. rule protecting retirement funds from commission-paid brokers could be good for roboadvisers, a fast-growing sector that manages money with algorithms who may collect new clients fired by other firms because their accounts are too small...

Senator Elizabeth Warren, a Massachusetts Democrat who advocates for strong financial regulation, asked U.S. securities regulators on Thursday to investigate comments made by major insurance companies about a forthcoming federal rule on retirement...

A judge's ruling that MetLife Inc (MET.N) is not "too big to fail" opens up an opportunity for insurer American International Group Inc (AIG.N) to seek an exemption from the tag, AIG Chief Executive Peter Hancock said on CNBC on...

"It gives me grounding in my day-to-day practice, helps me focus on the big picture, and takes away all the little details"

Investors pulled $1.57 million in February from the Janus Global Unconstrained Bond Fund run by closely followed investor Bill Gross, down from cash withdrawals of $14 million in January, Morningstar data showed on Tuesday...

Snapchat has raised $175 million in fresh funding from Fidelity Investments and other investors, according to a source familiar with the matter...

Feb 26 The Financial Industry Regulatory Authority's board of governors has approved a plan that would require brokerage firms to disclose how much they mark up the price of most bonds they sell to retail customers, the Wall Street watchdog...