Bank & Financial

Magazine articles on banks, brokerages, and credit card companies.

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Registered Rep. August 26, 2011 Jerry Gleeson	Schwab Apologizes Over Sales Pitch to Advisor Clients Schwab found itself apologizing for violating its own policy of pitching portfolio products to retirement plan sponsors who were clients of retail financial advisors and turnkey asset management programs that have custodial relations with the firm.
Registered Rep. August 25, 2011 Diana Britton	Portfolio Models Could See Headwinds Ahead, Especially Among RIAs Despite the fact that broker/dealers expect increased flows into their portfolio models over the next year, advisors' usage of these models has declined in the last 12 months, especially among RIAs.
The Motley Fool August 25, 2011 Travis Hoium	Bank of America Shares Exploded Higher: What You Need to Know Shares of troubled Bank of America charged as much as 26% higher today before cooling off to a 10% gain on word of an investment in the company by Warren Buffett.
The Motley Fool August 25, 2011 Zeeshan Siddique	Genworth Continues to Disappoint Genworth reports losses as mortgage business continues to suffer.
The Motley Fool August 25, 2011 Ilan Moscovitz	Paychex Is Better Than You Think Like many of its peers, Paychex tends to generate more free cash flow than net income, suggesting that the company's stock might be a bit cheaper than many investors realize.
The Motley Fool August 25, 2011 Zeeshan Siddique	Does Bank of Ireland's Narrowed Loss Put It Back on Track? High funding costs remain a concern for Bank of Ireland.
The Motley Fool August 25, 2011 Zeeshan Siddique	HSBC Sells Off Credit Card Arm to Elevate Profits HSBC sheds non-core business units to focus on long term growth.
The Motley Fool August 25, 2011 Shubh Datta	Lazard Rides High Lazard saw its quarterly profits rise by 24% as it saw higher merger advisory fees.
Registered Rep. August 24, 2011 Boswell & Nichols	7 New Advisor "Musts" for Thriving in Crisis These seven tips are great for deepening relationships, initiating new relationships, and finding new business in a time when many of your competitors are missing the mark.
Registered Rep. August 24, 2011 Jerry Gleeson	Fidelity: 529 plans not an advisor priority Assets in college-targeted 529 savings plans are growing at double-digit rates, but financial advisors appear to be on the sidelines when it comes to working with clients on the product.
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