Could Annuity Issuer Bond Portfolio Groupthink Crash the Market?
By Allison BellInsurers with the same asset managers do sync up, but the impact has been small, Fed economists find.
August 19, 2025
Advisor's Widow to Pay $3.8M Over Husband's Alleged Ponzi SchemeThe deal is tied to the SEC's pursuit of Stephen Romney Swensen's estate in an alleged $29 million securities scam.
August 19, 2025
Nvidia-Led Tech Slide Cracks Summer Calm in Stocks"The market is all but pricing in a certainty for rate cuts in September and we agree ...," said Stephen Schwartz of Pioneer Financial.
August 19, 2025
Judge Lets Family's Suit Over $67.5M in Life Insurance Move ForwardWhen interest rates rose, the cost of the premium financing used to buy the policies soared.
August 18, 2025
JPMorgan Must Face Claims Over Son’s Fleecing of Elderly MomFirms are facing more scrutiny over their responsibility for losses of aging clients with possible cognitive limitations.
August 18, 2025
Tax Court Rules Against Micro-Captive Case Involving Life and Annuity AssetsThe judge put off deciding whether to apply a 40% penalty related to economic substance questions.
August 18, 2025
JPMorgan Chase Bank Sued Over CD Rollover Rate ChangeA high-interest "relationship" certificate of deposit rolls over to a low rate without warning, a customer complains.
August 18, 2025
New AI Tool Can Open Accounts in Under 20 Minutes: CambridgeThe digital associate, in the early rollout stages, will work with — and not replace — staff, the firm says.