Transactions involving insolvent companies increased 370% last year, to 543 bankruptcy-related deals representing $95.5 billion in volume, according to mergermarket, a merger-and-acquisition data provider.

TCW Group, a global asset manager serving institutional and individual investors, is betting that emerging markets will sizzle this year after a hot 2009.

The fixed-annuity business is rife with players trying to move into the product line, offering aggressive interest rates to attract new clients. But New York Life Insurance, one of the biggest ...

The Federal Housing Finance Agency appears poised finally to allow principal reductions, but it's been nearly a decade since the mortgage crisis and underwater borrowers are much fewer thanks to higher home values.

The agency may finally be reaching resolution on whether Fannie Mae and Freddie Mac will allow principal reductions, two years into Director Mel Watt's tenure as agency director and nearly a decade after the mortgage bubble burst.

Todd Sherman, who with his brother Tyler Sherman co-founded mortgage software developer Motivity Solutions, has died.

The trend toward cashless is inevitable, and could be accelerated by current events. But a gradual transition is key to avoid alienating those people who depend on cash as their primary payment method.

The 2008 package proved some banks were too big to fail. But the rushed $2.2 billion stimulus shows now any company can be bailed out.

New features and improvements often take a back seat to security, says Entersekt's Claudius van der Meulen.