Fewer hedge funds opened their doors in the fourth quarter, according to HFR Hedge Fund Research. Hedge fund launches slipped to 220 in the quarter, HFS said.

Financial institutions of all sizes are finally realizing that a full-service website, complete with interactive marketing and registration functionality, will help them increase total assets under management.

Scott Page, who manages the top-performing bank loan fund over the past five years, says the debt is still attractive after a two-year rally. Investors pouring record amounts into funds like his might want to temper their expectations, however.

Rep. Patrick McHenry, R-N.C., the ranking member of the House Financial Services Committee, urged Chairwoman Maxine Waters, D-Calif., to prioritize certain "critical areas" in the new Congress.

Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO.

The Milken Institute's plan to address the housing finance system proposes a number of measures that could be carried out by regulators, after years of stalled legislative attempts.

Consumers are expected to be their own chief financial officers, and students should be formally prepared for the job like any professional. Banks can support such education programs and reward those who complete them.

Customers who have access to suitable credit and other offerings and know how to use them appropriately can seize economic opportunities, open businesses and contribute to the collective success of communities, F.N.B. chief Vincent Delie Jr. argues.

No one liked it when interest interest rates hit 21% in the early 1980s, but the actions of the Federal Reserve under Paul Volcker helped save the U.S. economy from true catastrophe. That kind of leadership is lacking in today’s Washington.