Insurance

Chase Investment Services Corp., a division of JPMorgan Chase & Co., will have to reimburse brokerage customers $1.9 million in the sale of unit investment trusts (UITs) and floating rate loan funds not deemed suitable …

John Lewis, former president of the Iowa Utilities Association and Iowa Taxpayers Association board member, was named as the 2011 recipient of the Iowa Taxpayers Association Linda S. Weindruch Award.

Lewis will receive his award …

A report says that North America’s super-rich will outnumber Asians with a net worth of at least $30 million for the next 20 years, Bloomberg reported.

There are 62,960 ultra-high-net-worth individuals in North America compared …

None of the world’s major economies will escape a slowdown, the Organization for Economic Co-operation and Development said today, Reuters reported.

The Paris-based organization’s composite leading indicator for its members fell to its lowest reading …

U.S. companies are buying back the most stock in four years, taking advantage of record-high cash levels and low interest rates to purchase equities at valuations 15 percent cheaper than when the credit crisis began, …

Bank of America Corp. will sell most of its remaining China Construction Bank Corp. stake after divesting about 13 billion shares in August to bolster capital, Bloomberg reported. Bank of America will sell 10.4 billion …

Wells Fargo donated $1 million to the Greater Des Moines Habitat for Humanity to support the It Starts at Home capital campaign.

The campaign has raised more than $4.1 million of its $5.75 million goal …

Principal Financial Group Inc. took home seven Mutual Fund Education Alliance Star Awards for excellence in mutual fund marketing and communications. The awards recognize companies in the mutual fund industry that excel in marketing, education …

“What do you see in the market?”

It’s a question that Adam Claypool and his team at DeWaay Investment Banking are often asked by business owners or their financial advisers. It’s also a key reason …