Although he notes the potential problems of investing in financial-services names, Oakmark's Clyde McGregor sees some mispricing in European banks.
One year after Lehman's collapse, Morningstar's Matt Warren reflects on the government's decision, investors' pain, and the future for I-banking.
Morningstar markets editor Jeremy Glaser looks at five stories from this week that are more of the same.
October data show continued inflows for bonds (including riskier fixed-income assets), while investors withdrew money from U.S. stock mutual funds and ETFs.
USAA Asset Management is so committed to bringing its equity fund business in-house that it is bidding adieu to two subadvisors.
Alleged Libor-rigging is the latest in a long series of scandals tied to the Swiss bank
Ronald Greenidge, the former UBS AG managing director fired for gross misconduct in his supervision of convicted trader Kweku Adoboli, sued the bank claiming it treated him more harshly than others because he's black.
UBS will pay $1 billion to settle allegations that it manipulated Libor, according to the Financial Times and other publications. The news about UBS’ settlement will likely be made public on Monday.
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