The Blackstone Group has found a way to dodge billions in taxes, The New York Times reported.
The Senate Finance Committee is scrutinizing a bill that could raise taxes paid by hedge fund managers and private equity heads.
Conseco Inc. will consolidate operations and sell properties as part of a plan to pare down expenses.
The Secretary of the Treasury will hold a conference to examine the tax system's effect on U.S. businesses and economic growth.
New York Life Insurance Co. has promoted Gary Scofield to senior vice president and chief actuary.
Two-thirds of defined benefit pension sponsors have either closed their plans to new hires or have frozen such pensions for all participants in the last two years.
In an unexpected move, Lincoln Financial Group announced that its chairman and CEO will retire on Sept. 1.
Presidential candidate John Edwards stands behind proposed tax hikes for private-equity and hedge fund managers, the Wall Street Journal reported.
The cost of fighting money laundering has risen 58% since 2004, according to a survey by KPMG.
Cynthia Keithley, principal of Keithley Investment Group LLC, goes to almost any length to serve her small-fry clients.
Mergers between employee benefit and financial advisory firms may become common as they set their combined sights on baby boomers’ retirement assets, according to industry observers.
A long-running trademark battle is threatening to derail the expansion of the CFA Institute in what has become one of the fastest-growing markets for financial planning professionals.
An Italian judge has ordered Bank of America to stand trial in connection with the 2003 collapse of Italian dairy company Parmalat SpA.
UBS picked deputy group CEO Marcel Rohner to helm the company, replacing Peter A. Wuffli.
A specialty insurer said that two of its employees received Wells notices from the SEC's division of enforcement.
Commerce Bank N.A. of Cherry Hill, N.J. has announced the departure of chairman and CEO Vernon W. Hill.
HSBC Holdings has applied for a life insurance license with a Chinese partner and expects to begin operations in that country by 2008.
LaSalle Bank is cutting 100 more jobs than previously announced, but none of the additional reductions will come from the Chicago area.
The Security Benefit Group of Companies today announced it will acquire Rydex Investments.
