A fiduciary has to put his or her client’s interests first when it comes to providing investment advice. Employers providing 401(k) plans have had a fiduciary responsibility to the plan participants.
Banks and financial services companies are bringing their A-games and their money to the Super Bowl.
The CFPB is gathering information about areas of concern in debt collection practices.
Banks can report suspected elder financial abuse to proper authorities without fear of violating federal privacy notification and opt-out rules, federal agencies say.
Report finds federal regulators have met some Dodd-Frank rule-making deadlines and missed others.
A Federal Reserve study finds a rising use of mobile phones and smartphones for mobile banking financial services.
With bonuses at the nation’s biggest banks starting to recover some of their former splendor, it might be tempting to think the aftereffects of the financial crisis are fading for many of the very institutions and individuals who helped create the crisis. But a survey of consumer sentiment from Corporate Executive Board Co. finds U.S. consumers
Should U.S. banking regulators “serve the banks” or act as “restraints” on bank speculation? The contrast between the two views is stark, and the answer may seem obvious to some. Yet it’s clearly a sore subject of genuine disagreement between two high-profile politicians: Rep. Spencer Bachus, R-Ala., and Rep. Barney Frank, D-Mass., who happen to be