Industry

(Reuters) - Wells Fargo & Co was sued on Friday by Cook County, Illinois, which accused the largest U.S. mortgage lender of targeting black, Hispanic and female borrowers with predatory and discriminatory lending in the Chicago area...

Violence erupted in the streets of Ferguson, Mo., after a grand jury decided not to indict the police officer involved in the shooting of Michael Brown, causing several St. Louis financial services firms to work remotely on Tuesday...

The Cost of Thanksgiving It's costing us a little bit more for that turkey feast with all the fixins' this year, according to the American Farm Bureau Federation. The cost of the entire meal is going up, despite the fact that the price...

A new Wells Fargo survey found that affluent women – those with as least $250,000 in household investable assets – take responsibility for day-to-day money decisions in their households, but only 46 percent are in charge of choosing investments...

Six in 10 U.S. financial advisors say the majority of their clients are either in or nearing retirement, according to Russell Investments' latest Financial Professional Outlook survey. And that number is bound to increase with the aging Baby Boom...

Nov 18 (Reuters) - Leading Democrats in both houses of Congress sent letters on Tuesday to 16 major banks and other financial firms requesting detailed information about recent data breaches and briefings from corporate data security...

Firms are telling advisors to limit in-person meetings and prepare to work remotely.

RCS Capital (RCAP) CEO Michael Weil is putting his money where his mouth is. Weil purchased 20,550 shares—worth about $250,000—of the company's stock on Tuesday, according to a Securities and Exchange Commission filing. Shortly after, CFO Brian J...

If it seems like every financial advisor is talking about October's spike in market volatility, it’s because they are. According to the latest Financial Professional Outlook, Russell Investments’ quarterly survey of financial advisors, market vo...

Harvard University might not be the top business school in the United States according to Bloomberg BusinessWeek's latest rankings, but it still remains atop the WealthX list of business schools that have the most billionaire alumni. Harvard ha...