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 bureau had already proposed removing the underwriting portion of the rule, but a judge in Texas has indefinitely delayed the other key component as well.

Readers debate the odds of legislative reform to Fannie Mae and Freddie Mac, consider the growing problem of "friendly fraud," weigh ways to avoid reputation problems and more.

David Brickman will take the helm of the mortgage giant at a time of transformation in the mortgage market and housing finance policy.

Banks are making a mistake in their opposition to the SEC’s proposal to mandate disclosure of carbon emissions and other climate data.

The number of Federal Reserve banks should be cut in half and their bank regulatory responsibility should be transferred to other agencies.

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.