Chicago Mercantile Exchange Holdings Inc. today reported a 32% hike in total revenues and a 42% increase in net income.
Asset management firm Affiliated Managers Group Inc. said today that asset inflows and better performance from its funds lifted first-quarter profit by 4%.
Mutual fund company Waddell & Reed Financial Inc. today reported that its first-quarter net income rose 16.7% and that assets under management reached $50 billion for the first time.
Aflac Inc.’s net income increased 10.9% in the first quarter, despite lagging sales in Japan, the Columbus, Ga.-based insurance company reported.
A group of banks led by the Royal Bank of Scotland today offered over $98 billion for ABN Amro, trumping the $90 billion offer by London-based Barclays PLC announced earlier in the week, according to published reports.
Morgan Stanley’s Global Wealth Management Group has announced it will pay at least $46 million to settle a class action filed by eight current and former female financial advisers and registered trainees.
Merrill Lynch & Co. Inc. today announced that it will buy a nearly $3 billion stake in Resona Holdings Inc., Japan's fourth-largest bank, according to published reports.
Financial service professionals who provide portfolio management, asset allocation and financial advice should be regulated as investment advisers, six organizations said in a letter to Securities and Exchange Commission Chairman Christopher Cox.
The Chicago Board Options Exchange Inc. reported a 251% increase in net income during the first quarter on stronger trading volume.
National Planning Holdings Inc., the nation’s seventh largest independent-contractor broker-dealer network, today posted record revenues of more than $135 million during the first quarter, an increase of 13.5% from the same time last year.