A small difference in the fees you pay on your 401(k) plan could make a big difference when it comes time to retire. Fred Katayama breaks down the ways to maximize your gains with the help of a new law that makes the costs of your 401(k) clear.
Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. Lauren Young gives us a white board lesson in this episode of Money Clip.
Today’s graphic looks at the global ranking based on investment banking fees earned for the last 10 years. Credit Suisse and UBS are highlighted, since they seem to be the most volatile on the list, however there are a number of other banks represented. Bank of America ML held the top spot up until 2009 when it was taken by JP Morgan.
01 Jun 2011Thomson Reuters
Any surprises on the graph? Would you have expected certain banks to be higher? Lower?