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Tag Archives: assets

Large U.S. banks must show how they would wind down

WASHINGTON — The largest U.S. banks will be required to show regulators how they would break up and sell off their assets if they are in danger of failing. The Federal Deposit Insurance Corp. voted 3-0 Tuesday to approve the ...

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Gary S. Williams: After divorce, be careful with retirement plan

Federal law requires that participants in employer-sponsored retirement plans designate their spouse as their beneficiary, unless the spouse waives this right in writing. Assuming that you and your spouse adhered to this practice, a document known as a Qualified Domestic ...

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Legg’s assets increased in June

Legg Mason Inc. of Baltimore, a global asset manager, said its assets under management rose in June to $662.5 billion, up 2.6 percent from the $645.4 billion recorded in June 2010. Fixed-income investments closed at $365.4 billion, an increase of ...

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