NEW YORK (Reuters) - Vanguard Group Inc, one of the largest mutual fund companies, agreed to pay $300,000 to settle a U.S. Equal Employment Opportunity Commission lawsuit accusing it of racial bias in hiring. In a September 29 complaint, the EEOC alleged that Vanguard decided not to hire Barbara Alexander as a financial planning manager because she was black ...

The Vanguard Group Inc., a retirement plan provider and investment manager, said CEO F. William McNabb III will take on the additional role of board chairman in January. McNabb, 52, succeeds John J. Brennan, who was CEO from 1996 to August 2008 when McNabb stepped into ...

Another major provider of 401(k) accounts says the typical retirement saver now has more money in their account than they did before the stock market began tumbling two years ago. The Vanguard Group Inc. said Wednesday that 60 percent of participants who continued to contribute and stayed invested have ...

BOSTON (Reuters) - More Americans plan to delay retirement following steep drops in the value of their savings accounts, data from several new surveys show. A study to be released on Thursday by Canadian insurer Sun Life Financial Inc found 65 percent of U.S. workers plan to stay on the job at least one more year than planned, an 11 ...