Tax Loss Harvesting
Top strategies and rules that advisors can consider when using tax loss harvesting to reduce tax liabilities of client portfolios.
BoE Governor Pushed for Barclays Chief’s Ouster
By Marlene Y. SatterThe British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.
July 09, 2012
Thousands face Internet loss as FBI shuts off servers (BBC)The servers were seized in November 2011 during raids to break up a hi-tech gang who used the virus to reroute online searches through the servers so victims saw adverts that led to the gang being paid.
June 21, 2012
More U.S. Citizens Jumping Ship to Avoid TaxesWhile the number of Americans abandoning their citizenship is increasing, so too is the number of foreigners coming to U.S. shores to take advantage of so-called investor visas.
June 18, 2012
JPMorgan Sued for Investor FraudThe class action lawsuit was filed against JPMorgan Chase relating to losses in speculative trading by its London-based investment team.
June 07, 2012
Regulator: JPMorgan Had ‘Inadequate’ Risk ControlsU.S. Comptroller of the Currency Thomas Curry said the agency is conducting an extensive review that will focus on where breakdowns or failures occurred.
June 04, 2012
Societe Generale Rogue Trader Begins Appeal Hearing (BBC)Societe Generale trader Jerome Kerviel begins his appeal of a forgery and breach of trust conviction he received after he lost 4.9 billion euros in 2008.
June 04, 2012
Oversight of J.P. Morgan Probed (Wall Street Journal)Practices and procedures of the federal agency overseeing J.P. Morgan have come under question after the bank's $2 billion loss last month.
June 01, 2012
Facebook IPO: Cautionary Tale for Individual Investors (USA Today)After one week of trading, Facebook stock closed over 20% below its offering price. Shares have been hurt by trading glitches, complaints of too many shares offered at too high a price, and lawsuits alleging underwriters failed to share lowered earnings forecasts.