Large banks fall on markets decline

Wild swings in stock markets across the globe weighed on the banking sector, with a growing number of investors rushing to put their money somewhere safe.

By Associated Press | July 23, 2012 at 12:31 PM

Wild swings in stock markets across the globe weighed on the banking sector Monday, with a growing number of investors rushing to put their money somewhere safe.

Every large financial institution reported declining income from investment banking during second quarter because of unstable markets.

Driving many investors away is a deteriorating situation in Europe.

Continue Reading for Free

Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
Educational webcasts, white papers, and ebooks from industry thought leaders
Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

NOT FOR REPRINT

Advisor Sales Strategies

1 Here's what self-funded health plans pay indie carriers for administration

2 Pennsylvania governor signs pharmacy benefit manager bill

3 DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

4 House Republican proposes making PBMs fiduciaries

5 Medical stop-loss premiums rise 11.5% for self-funded plans

Insurance
BenefitsPRO Broker Expo 2025 (BPRO)
May 06, 2025 - Boston

The premier educational and networking event for employee benefits brokers and agents.
More Information
Consulting
Consulting Best Firms to Work For 2024
September 12, 2024 - New York

Consulting Magazine identifies the best firms to work for in the consulting profession.
More Information
GlobeSt. Multifamily Fall 2024
October 15, 2024 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information

Fiduciary advice cuts 401(k) plan costs for small businesses: Study

By Kristen Beckman | July 23, 2024

The DOL's push to impose a new fiduciary rule, which continues to face lawsuits, could actually offer financial benefits overall for small employer 401(k) plans, says a new Employee Fiduciary study.

Fiduciary advice cuts 401(k) plan costs for small businesses: Study

Retirement is delayed, altered or cancelled for nearly half of Americans: Nationwide

By Tom Gresham | July 15, 2024

Economic uncertainty has changed retirement expectations, which is why financial professionals should seize this opportunity to reinforce the importance of a long-term plan, as well the value of annuities, says a new survey.

Retirement is delayed, altered or cancelled for nearly half of Americans: Nationwide

As Gen X turns 60, this generation doubts their retirement readiness

By Lynn Cavanaugh | July 12, 2024

This "sandwich generation," more than any others, may need to be made aware of just how short they may be in their retirement savings journey, as well as SECURE 2.0 catch-up contributions, according to a new report.

As Gen X turns 60, this generation doubts their retirement readiness

Reflecting on Two Decades of Managed Accounts: Trends, Insights and Future Vision link

Report

Sponsored by Edelman Financial Engines

Reflecting on Two Decades of Managed Accounts: Trends, Insights and Future Vision

Edelman Financial Engines' new report features data and insights gained from 20 years of helping employees save for retirement through its industry-leading managed account program, exploring historical managed account member characteristics, noteworthy behavioral trends, and tendencies related to their investments.

Browse More Resources ›

4 Ways Self-Funded Health Plans Benefit Companies of All Sizes link

White Paper

Sponsored by Health Care Administrators Association (HCAA)

4 Ways Self-Funded Health Plans Benefit Companies of All Sizes

Discover how self-funded health plans and Third Party Administrators (TPAs) can significantly improve healthcare cost management for companies. Explore the advantages that empower employers of all sizes to optimize benefits while effectively controlling expenses.

Browse More Resources ›

How to Provide Health Insurance to Small & Medium Business Employees link

White Paper

Instant Insights /

Large banks fall on markets decline

Continue Reading for Free

1 Here's what self-funded health plans pay indie carriers for administration

2 Pennsylvania governor signs pharmacy benefit manager bill

3 DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

4 House Republican proposes making PBMs fiduciaries

5 Medical stop-loss premiums rise 11.5% for self-funded plans

Fiduciary advice cuts 401(k) plan costs for small businesses: Study

Retirement is delayed, altered or cancelled for nearly half of Americans: Nationwide

As Gen X turns 60, this generation doubts their retirement readiness

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

Instant Insights /

Large banks fall on markets decline

Continue Reading for Free

Dig Deeper

Trending Stories

1 Here's what self-funded health plans pay indie carriers for administration

2 Pennsylvania governor signs pharmacy benefit manager bill

3 DOL's new fiduciary rule on hold, as judge grants insurer groups' request for injunction

4 House Republican proposes making PBMs fiduciaries

5 Medical stop-loss premiums rise 11.5% for self-funded plans

Events

Recommended Stories

Fiduciary advice cuts 401(k) plan costs for small businesses: Study

Retirement is delayed, altered or cancelled for nearly half of Americans: Nationwide

As Gen X turns 60, this generation doubts their retirement readiness

Resource Center

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!