The White House said on Tuesday that President Barack Obama intends to nominate Hester Maria Peirce and Lisa Fairfax to be commissioners of the U.S. Securities and Exchange Commission...
A Chinese investor stabbed the chief executive of a struggling Beijing-based asset management company after losing his investment, a company source said, highlighting growing public anger over loosely regulated financial products...
Famed bond investor Bill Gross sued his former employer Pacific Investment Management Co and its parent Allianz SE for $200 million, saying he was driven out of the bond fund giant he helped found by a greedy "cabal" of executives who...
WASHINGTON, Oct 7 (Reuters) - Blackstone Group, the world's largest private equity firm, will pay about $39 million to settle civil charges over disclosure failures in connection with certain types of fees it charged its portfolio...
The U.S. Federal Reserve kept interest rates unchanged on Thursday in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year...
A Philadelphia investment advisory firm has agreed to pay $21.5 million to settle U.S. Securities and Exchange Commission civil charges that it fraudulently retained fees belonging to collateralized debt obligation clients...
BlackRock Inc (BLK.N), the world's largest asset manager is acquiring a San Francisco-based robo-advisor, FutureAdvisor, the firm announced Wednesday morning...
U.S. stocks ended more than 3 percent lower on Monday, their fifth straight drop, in an unusually volatile session that confirmed the S&P 500 was formally in a correction...
A U.S. judge on Wednesday ordered Texas officials to recognize on a state death certificate the surviving spouse in a same-sex marriage whose husband died earlier this year...
