Daily Banking

The Latest

  • November 30, 2012

    Whether you’re new to the world of investing or you’re looking to gain more control of your stock portfolio, online trading through Internet brokerages can be...

  • November 30, 2012

    When it comes to saving money, Generation Y is asking "why not?"

    Young people are discovering that the earlier they start saving for retirement and the longer they work, the larger the nest egg when they finally want to use it....

  • November 27, 2012

    A former SAC Capital portfolio manager was released on $5 million bail on Monday after making his first appearance in a New York court on charges of making illegal trades that hedge fund titan Steven A. Cohen personally signed off on.

    ...

  • November 27, 2012

    Los Angeles money manager Elliott Broidy was spared jail time and a felony conviction on Monday for his role in a "pay to play" scheme at the New York state pension fund.

    Justice Lewis Bart Stone reduced Broidy's felony to a misdemeanor...

  • November 20, 2012

    Like a hangover that starts before you even go to bed, the fact that the shadow banking system has expanded since the crisis bodes poorly for what comes in the morning.

    Shadow banking, financial intermediation done in such a way as to...

  • November 19, 2012

    The "fiscal cliff" sounds like a scary place. Headlines about "taxmaggeddon" are flashing on TV screens, next to clocks ticking down to January 1.

    The Dow Jones Industrial Average has skidded more than 7 percent over the last month,...

  • November 19, 2012

    Investors shunned stock funds and fled from high-yield bond portfolios in the latest week as fears over the "fiscal cliff" of U.S. tax hikes and spending cuts roiled sentiment, data from EPFR Global showed on Friday.

    Stock funds worldwide...

  • November 19, 2012

    Every investor, sadly, has to be a Fed watcher given that U.S. asset markets are supported, if not levitated, by quantitative easing.

    Sadly because, and Ben Bernanke himself might agree with this, we could all probably find more productive...

  • November 16, 2012

    The "core and satellite" strategy for portfolio management is an elegant and simple approach that will not only help you diversify but allow you to reduce your country and political risk.

    Your core consists of broad indexes of stocks and...

  • November 16, 2012

    Uncertainty about the "fiscal cliff" of scheduled tax increases and spending cuts prompted analysts this month to cut early 2013 U.S. economic growth expectations, a Reuters poll showed on Thursday.

    It was the fourth month in a row they...