Two hedge funds are pressuring TD Ameritrade to sell out to E*TRADE or Schwab, according to press reports.
Morgan Stanley’s board of directors has approved the spin-off of Discover Financial Services.
Prudential Financial today announced that it would close its equity research and trading business, with a loss of some 420 jobs.
A New York-based hedge fund has raised $2 billion and may launch an activist assault on the “King of Beers," according to a New York Post report.
Hennion & Walsh today introduced three fund-of-ETFs mutual funds based on indexes created by Lipper Inc.
American Funds' offerings led the international category in the first quarter, says Cerulli Associates.
MetLife Inc.'s Investors Group has promoted Elizabeth M. Forget to senior vice president, the insurer said today.
WisdomTree Investments today announced the launch a new dividend-weighted exchange traded fund that invests in international real estate.
Mutual funds continue to support the lion's share management-backed proposals that determine how top executives are paid, according to a new report.
Scot Warren was appointed managing director for equity indexes at the Chicago Mercantile Exchange, according to a statement from the exchange.
