Banks Set for Better Year?
By Janet LevauxThe KBW Bank Index fell 25% in 2011, while the KBW Regional Banking Index lost 7%.
December 22, 2011
Survey Shows Many Advisors Grew in 2011, Despite VolatilitySEI Quick Poll of advisors poll found that 40% boosted their firms' net new assets by more than 10% in 2011, and 12% expanded their practices by more than 20%.
December 22, 2011
U.S. Investors Continue to Express Doubt About European Debt CrisisA new survey polling investors in the U.S., Hong Kong and Japan suggests that clients do not believe the resignation of leaders in Italy and Greece along with proposed measures by Euro zone officials will halt the European debt crisis.
December 22, 2011
U.S. Investors Continue to Express Doubt About European Debt CrisisA new survey polling investors in the U.S., Hong Kong and Japan suggests that clients do not believe the resignation of leaders in Italy and Greece along with proposed measures by Euro zone officials will halt the European debt crisis.
December 22, 2011
S&P Downgrades Hungary to Junk After It Defies IMF and EUHungary was downgraded to junk for the second time in a month, this time by S&P, after Moody's took a similar action previously, but markets reacted little to the news.
December 20, 2011
Late November Equity Market Rebound Ends a Volatile MonthGlobal equity markets surged nearly 8% in the last three days of November, while the bond market continued to struggle with low yields, according to Farmers and Merchants Trust Companys November Economic Commentary.
December 14, 2011
Whitney's Muni Scare Allowed Banks to Cash In: BloombergBloomberg continued its campaign Wednesday to hold Meredith Whitney accountable for her prediction that 'hundreds of billions of dollars' of municipal defaults would occur within 12 months of her '60 Minutes' interview, noting that one fallout of her prediction was to allow banks to cash in.
December 12, 2011
Advisors' Top Concerns for 2012: Market Volatility, Election RepercussionsAdvisors are most concerned about market volatility and the effects of the upcoming presidential election, according to Russell Investments fourth quarter Financial Professional Outlook survey.