A fiduciary is someone who manages money, assets, or property for a client or beneficiary. The Glass-Steagall Act generally refers to provisions of the Banking Act of 1933 that sought to create a ...

The revival of a defunct, Depression-era law that split banks' commercial and investment-banking functions is getting support from many advocacy groups that contend the divide is needed again to ...

The Glass-Steagall Act is a piece of financial legislation that dates to the Great Depression and has been partially dismantled but remains strikingly relevant today. The act has popped up repeatedly ...

A bi-partisan group of lawmakers proposed a bill on Thursday that, if passed, could have the most significant impact on the financial industry of any legislative action since the Great Depression.

In what has become an annual event during her time in Congress, Sen. Elizabeth Warren (D-Mass.) has once again teamed up with Sen. John McCain (R-Ariz.) and Angus King (I-Maine) to file legislation ...

Discover what investment banking entails, from IPO underwriting to managing mergers, and how investment bankers help navigate ...

WASHINGTON (Reuters) - White House economic adviser Gary Cohn said he backed bringing back the Glass-Steagall Act, a Depression-era law that would revamp Wall Street banks by splitting their ...

WASHINGTON (Reuters) - Financial giants such as Goldman Sachs Group could be broken up under two bills introduced in the U.S. Congress on Wednesday, one with the backing of former Republican ...