ING Group is talking to “several parties” regarding the sale of parts of its ING Real Estate Investment Management business, spokeswoman Victorina de Boer confirmed.
Ford Motor Co. Ticker:(F) president and chief executive Alan Mulally has been named 2010 CEO of the Year by Morningstar Inc.
Smaller U.S. companies are rallying the most since 2003 relative to the Standard & Poor's 500 Index, a sign to BlackRock Inc. and JPMorgan Funds that the economy will strengthen and spur a third year of gains for investors.
As investors make their resolutions for 2011, many should resolve to take on more risk.
Financial advisers are upbeat about prospects for stocks in 2011, with many predicting that last year's broad market surge will continue into this year. That's what they're telling their clients, too.
The acronym TMT took a beating nearly than a decade ago, when a number of telecom services (T), media (M), and the information technology stocks (T) declined sharply. Since then many diversified mutual fund managers have focused on these now recovered industries and a small number of funds have narrowed their sights to just the TMT space with success.
U.S. financial regulators, working to secure funding needed to implement new responsibilities mandated by the Dodd-Frank Act, are in line to be among the few agencies to benefit from the year's final congressional spending measure.
Who will be the movers and shakers affecting the financial services industry in 2011?
The Financial Industry Regulatory Authority is revamping how it scans for abuses such as insider trading, responding to increased fragmentation of markets, Chief Executive Officer Richard Ketchum said today.