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Bloomberg News
At least 1,331 companies have halted trading on China's mainland exchanges, freezing $2.6 trillion of shares, or about 40 percent of the country’s market value.
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Reuters
Assets managed by fund firms globally hit a new high last year, helping the industry to record-equaling profits in spite of margins that were squeezed by investor pressure on fees, a study showed on...
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Bloomberg News
Investors aren’t giving much love to the latest dealmakers in health insurance.
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Bloomberg News
Marijuana users, who can now buy weed without fear of arrest in some U.S. states, can also get life insurance without facing a smoker penalty—if they shop carefully.
by FA Staff
New York-based Royal Alliance Associates announced the addition of The Quincy Group, which will operate as an office of supervisory jurisdiction branch.
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Christopher Robbins
While just 26 percent of Americans overall claim to have no retirement savings, the new survey reports that 37 percent of those aged between 18 and 34 years old have no money set aside.
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Christopher Robbins
The SEC charged Bingqing Yang, CEO of Luca International Group, with targeting the Chinese-American community in California, using the EB-5 Immigrant Investor Program to solicit funds.
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Evan Simonoff
Focus Financial Partners is reportedly preparing to file an S-1 document with the SEC as a precursor to its long-awaited plan to go public, according to industry sources.
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Reuters
Three major securities brokerages must collectively reimburse customers more than $30 million for failing to waive mutual fund sales charges for thousands of accounts.
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Reuters
The BRICS emerging economies will launch a development bank at a summit this week which President Vladimir Putin hopes will help reduce Western dominance of world financial institutions
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Bloomberg News
Global troubles mean investors are putting a premium on safety and delaying the exodus.
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Bloomberg News
The Obama administration quietly handed a victory to U.S. companies that avoid taxes by claiming a foreign address, suggesting that virtually all of them are still eligible for government contracts.
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Reuters
Shares fell, the euro stumbled and yields on weaker euro zone economies' bonds rose after Greece overwhelmingly voted against conditions for a rescue package, but there was no rout.
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Bloomberg News
Emerging-market stocks fell the most in two years and currencies tumbled on concern Greece’s rejection of austerity will spur its exit from the euro area.
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Bloomberg News
As the deteriorating situation in Greece dominated the headlines and roiled markets, some of the world's most prominent hedge funds experienced their largest "drawdown" since August 2007.
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Bloomberg News
A jump in apartment construction in recent years so far hasn’t added enough supply to significantly boost vacancies, enabling landlords to charge higher rates.
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Bloomberg News
Active ETFs are taking off in Canada, but account for only about 1 percent of the $2.1 trillion U.S. ETF market.
by
Ted Knutson
Advisors employed by investment firms are increasingly dissatisfied with their pay, according to a J.D. Power survey released Wednesday.
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Bloomberg News
While most would agree that saving money is a good thing, there are those who take the practice to a point where it can be considered unhealthy hoarding.
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Bloomberg News
Average hourly earnings in industries paying less than $12.50 an hour a year ago rose 3.2 percent in the 12 months through April, according to Goldman Sachs
