Tag:
ARS
Latest Headlines
Latest Headlines
Settlements over auction rate securities proliferating?
Recall that the market for auction rates securities (ARS) seized up at the height of the financial crisis, leaving many investors fuming. Indeed, the suddenly frozen market left some buyers with massive liquidity issues.
One of the biggest ARS players was UBS ( UBS news), which was just hit
PR debacle at Charles Schwab?
If there's one firm that has sought to make integrity and squeaky clean customer interactions a marketing priority, it is Charles Schwab. Its appeal was predicated on the down-home, no-nonsense persona of its founder. So it is an outright disaster that New York's Andrew Cuomo intends to bring civi
Citigroup to buy back auction rate securities
We've seen a lot of activity on the auction rate security front recently. We may start seeing some settlements. The New York Times reports that Citigroup is nearing a deal with federal and state authorities that might result in the bank buying back about $7 billion in auction rates securit
