Lack of action of budget deficit will eventually lead to investor revolt; 'enough is enough'
Prudential will stop selling long-term care policies citing 'challenging economics.'
A Pew Research Center poll has found that 44% of U.S. taxpayers believe that higher taxes for those earning over $250K would be good for economy and would make the tax system fairer
TCW has doubled his mutual fund assets from 2009, when Jeffrey Gundlach's departure led to a number of client defections
One option for TCW may be a management-led buyout as Societe Generale faces European debt crisis.
Questioning whether the city adequately disclosed financial information when it raised money from investors
A former Bank of America executive was indicted for allegedly participating in what prosecutors said was a “far-reaching conspiracy” to defraud municipal bond investments through bid rigging
The U.S. Commodity Futures Trading Commission reviewed operations at Peregrine Financial Group Inc. at least twice since 2006 without detecting the fraud that led to the collapse of the futures broker and a $200 million shortfall in client funds
Will offer the KKR Alternative Corporate Opportunities Fund and the KKR Alternative High Yield Fund, according to SEC filings
Genworth's chief investment officer Ronald Joelson, who oversees $75 billion in assets, is leaving to join Northwestern Mutual Life Insurance.