Financial Reform Keeps Law Firm Banking and Securities Practices Busy

Regulations for the recently enacted financial reform law are months away, but law firms with strong financial services practices are rolling out the welcome mat for client conferences and filling their calendars with client meetings. Clients' initial questions have largely focused on the so-called Volcker rule, which generally bans banking institutions from investing in private equity or hedge ...

Financial Stocks: Financials wrap up strong month on down note

U.S. financial stocks posted slim losses on Friday as investors reacted to reports of a U.S. economic slowdown. The day's performance paled beside a 6.6% jump for the month.

CDR Financial Should Wait for Bond Probe Evidence, U.S. Says

CDR Financial Products Inc. and three of its employees aren’t entitled to early access to prosecution evidence in a U.S. antitrust investigation of the $2.8 trillion municipal bond market and more indictments are expected, a prosecutor told a federal judge in New York.

Financial adviser receives recognition

BINGHAMTON Harold Sasnowitz, a financial adviser at Professional Asset Strategies LLC, has received CFP certification from the Certified Financial Planner Board.

Financial IT job market recovery continues

First-quarter growth in the financial services sector of the IT job marketcontinued into the second quarter according to the latest Financial Services IThiring index from recruiter McGregor Boyall.

Bernanke financial disclosure shows no-frills plan

Bernanke's 2009 financial disclosure shows that he mostly left his money where it has been: in no-frills annuities, U.S. Treasury securities and mutual funds.

Doral Financial 2Q loss widens to nearly $236M

Doral Financial Corp., the Puerto Rican holding company that owns Doral Bank, reported a more than $230 million second-quarter loss as efforts to unload soured loans and mortgage-related assets hurt results.

Parkvale Financial reports $21.6 million loss in quarter

Parkvale Financial Corp. reported losses for its fiscal fourth-quarter and full-year because of writedowns in the value of mortgage-backed securities.

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