Many younger people pursuing jobs say they are not interested in financial services sales, according to Limra, which recently conducted surveys and focus groups on the matter.

Some brokers are eroding "The Protocol for Broker Recruiting," an agreement among firms that allows registered investment advisers to transfer between participating firms without lawsuits or arbitration.

Lehman Brothers Holdings Inc. creditors including Goldman Sachs Group Inc. have drafted a payment plan that would compete with the defunct bank's $61 billion proposal, taking back money that Lehman sought to give to bondholders, said two people familiar with the matter.

The latest Credit Union Trends Report from CUNA Mutual shows CUs serving more consumers even as the industry continues to contract.

Events at local breweries can be a fun way to educate younger members about getting their first mortgage but credit unions must walk a fine line at such events.

There’s bipartisan consensus that the conservatorships of Fannie Mae and Freddie Mac are unsustainable, but that may not be enough for lawmakers to upend the current system.

If the agency’s treatment of Bank of America is extended to the rest of the industry, it will cause widespread confusion and excessive regulatory burden.

At a minimum, the court’s ruling will create confusion and invite endless litigation.

Just as advances in automobile technology have made driving safer, incorporating AI into decision-making reduces financial risks.