Industry News

U.S. bank forecloses on wrong home

Ohio-based Wellston First National Bank recently foreclosed on the wrong home, reports The Huffington Post. It adds the owner, Kate Barnett, was away on a two-week vacation when the bank came calling, so she couldn’t stop them when they mixed up her house with the one across the street. The institution sold and trashed her […]

July 25, 2013

1 min read

FTI adds fund to lineup

Franklin Templeton Investments has introduced the Franklin Income Fund. The fund will provide a diversified portfolio of primarily U.S. dividend-paying stocks, bonds and convertible securities.

By Staff |July 25, 2013

1 min read

Wells Fargo becomes world’s biggest bank

Wells Fargo became the world’s largest financial institution today, surpassing the Industrial & Commercial Bank of China, reports the Wall Street Journal. The shift occurred due to the economic slowdown in China, the WSJ reports, as well as increased optimism about the U.S. economy. San Francisco-based Wells Fargo & Co. is worth $236 billion, according […]

By Staff |July 24, 2013

1 min read

Young clients aren’t invincible, need insurance

Young people often feel invincible, so life insurance is at the bottom of their priority lists.

By Staff |July 24, 2013

1 min read