Wealth management

Barclays Capital, the investment banking division of Barclays PLC, hired Thomas R. Rosen as a managing director.

Despite difficult market conditions, Americans continued to save more for retirement last year, according to the Investment Company Institute.

State Street Global Advisors, the Boston investment management arm of State Street Corp., launched 10 international sector exchange-traded funds.

State Street Corp.'s gold-tracking exchange-traded fund stands to draw more assets from recent agreements that allow its use in futures and options contracts, according to an executive at the Boston company.

Integro Ltd., a New York insurance brokerage and risk management firm, promoted Gary Moore to managing principal to run the company's marine insurance business and will report to Peter Garvey, Integro's president.

Deutsche Bank Securities Inc. rehired Brian McConville as director and foreign exchange forwards trader in the global markets division's foreign exchange business.

Jackson Fund Services, a Lansing, Mich., unit of London's Prudential PLC, hired four executives to its senior management team.

Volatile financial markets forced hedge fund net inflows to their lowest level last quarter since the fourth quarter of 2005.

Baby boomers preparing to fund their retirement years have fueled an annuity sales boom at banking companies since the spring of 2007, and regulators are stepping up their scrutiny of financial services institutions that sell them.

Prima Portfolio Services Inc. of Denver has agreed to provide data collection, analytics, and research collateral for unified managed accounts to the wealth management team at J.J.B. Hilliard, W.L. Lyons Inc.

American Century Investment Services Inc. hired Joseph Gotelli as a portfolio manager in its fixed-income group.

The Daytona Beach, Fla., asset manager Brown & Brown Inc. said its second-quarter net income declined 22.3% from a year earlier, to $40.4 million, or 29 cents a share.

Wilmington Trust Corp. posted a second-quarter loss of $19.5 million, or 29 cents a share, as a result of a $66.9 million noncash impairment charge related to its investment in Roxbury Capital Management LLC.

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A majority of individuals who have a high-deductible health plan have a health savings account, according to a survey by HSA Bank, a Waterbury, Conn., unit of Webster Financial Corp.

Despite a heavy charge that led to a decline in quarterly profits, Bank of New York Mellon Corp.'s top executive said he remains confident the company can take advantage of current market conditions to expand each of its business units.

Eton Park Capital Management LP, a New York investment manager, has hired Eric Feldstein as its chief financial officer.

Northern Trust Corp.'s conservative approach has enabled it to avoid a lot of the problems that have affected competitors and has it thinking about growth, its chief financial officer said.