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Monday, May 29th, 2017


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BoA, Other Big Banks Being Reviewed for Antitrust Violations

Though banks went back on their proposal to impose fees for using debit cards, the incident is not over for several of the country’s biggest banks. The Los Angeles Times reports that the U.S. Department of Justice could begin looking into the possibility of antitrust violations among the banks involved. Several of the country’s largest […]

Banks Turning Elsewhere for Fees

As the surprising success of the consumer movement against fees charged by major banks begins to fade into memory, some have started questioning whether it was ultimately a success. The recent outcry that swept through customers of the nation's biggest banks was sparked largely by their decision to begin charging fees for using debit cards, […]

Almost all RIAs identify asset market volatility as one of top client concerns

A recent statement released by Invesco indicates that the majority of registered investment advisors (RIAs) believe that volatility in the market has made investors more risk averse in the past year. The market research study conducted by Invesco indicated that 59 percent of RIAs polled believe that market volatility has made clients more wary of […]

Hedge funds attracting significant capital from institutional investors in 2011

Hedge funds have been attracting significant capital from institutional investors in 2011, with current funding levels on track to make this the second-best year since 2004. Institutional investors have been allocating massive amounts of money to hedge funds, with $39.9 billion in net inflows and pending searches happening from the beginning of the year through […]

U.S. Investment capital shows a preference for North American equity markets in November

In November, the assets of U.S. investors have flowed into North American equity markets more than stock markets anywhere else in the world. Inflows into stocks in this region rose slightly less than 0.4 percent during the period when compared to 2010, Forbes reports. Research provided by EPFR Global and Barclays Capital indicates that these […]

Nuveen Investments announces online Investing Resource Center

Nuveen Investments, an investment management firm that works with affluent investors and institutions, announced the introduction of its new online Income Investing Resource Center. The website seeks to address both challenges investors can face as well as opportunities that are available in the world of income investments. The website helps investors to identify what financial […]

Zynga Said to Demand Return of Stock Options

Popular online gaming company Zynga faces an unexpected scandal in advance of its upcoming initial public offering after The Wall Street Journal accused the company of forcing workers to return stock options. Like many other technology startups, Zynga attracted higher quality employees by offering a company shares in place of higher wages. However, the company […]

J.P. Morgan proposes more simplistic options for 401(k) users

Financial services firm J.P. Morgan announced in a statement on November 9 that it is introducing a new means of picking investments for individuals who want to use 401(k) plans. The new plan, called Core Menu Innovation (CMI) simplifies the traditional offerings of 18 or more funds by offering the defined contribution plan participants with […]

OneReceipt Brings All of Users’ Shopping to One Place

Two young entrepreneurs think they have found the solution to one of the biggest problems of road trips and holiday seasons alike. As the holidays near, many families are gearing up for rambling shopping sprees from store to store and site to site. While some enjoy it and others dread it, most can agree that […]

One in Four Americans 18-29 Will Postpone Paying Debt Due to Economy, Survey States

One in four Americans between the ages of 18 and 29 will postpone paying debt due to current economic conditions, according to a recent study performed by nonprofit organization Generation Opportunity. A statement released by the organization indicates that the cause of this mindset among the youth is a lack of jobs. Since Americans have […]