Financial Services
120 results total, viewing 11 - 20
The Securities and Exchange Commission barred two Rhode Island-based brokers from the securities industry for their roles in a variable annuities scheme to profit from the imminent deaths of terminally ill individuals. more
Bank of America Corp., which agreed to a record $16.7 billion settlement of government mortgage probes in August, posted a surprise third-quarter profit as revenue from trading stocks and bonds increased. more
At Fidelity Investments, like Banco Santander SA, decades of preparation and an heiress effect helped propel a woman to the top job for the first time. more
Abigail Johnson has climbed the ranks of Fidelity Investments, the company started by her grandfather in 1946, over more than 25 years, starting as a stock analyst and working her way through almost every major division. more
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse. The shortfall … more
Bank of America Corp., the third- largest U.S. mortgage lender, refused to give Paul Mataska the loan amount he needed last year after he had a six-month layoff from his job in 2012. more
U.S. stock-index futures declined, after equities fell the most since April, as concern that slower global growth will hurt the U.S. economy pushed the Standard & Poor’s 500 Index towards its longest streak of weekly losses since January. more
Buying stocks before U.S. companies report quarterly earnings has usually been a good way to make money. Not this time. more
The National Football League and Providence Equity Partners have made their first joint investment. more
Hackers exploited an employee password to crack a JPMorgan Chase & Co. server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million small businesses. more
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