broker dealer news from FierceFinance
News
Uptick rule: Who's for it? Who's against it?
Reuters said this about the SEC's meeting on Tuesday about short selling: "Financial professionals, academic experts and the U.S. broker-dealer watchdog agree the Securities and Exchange Commission... Read more...
Ex-Morgan Stanley exec convicted in stock loan scheme
The mania-like urge to short stocks last year led to some big shortages in borrow-able stocks and created a shady cottage industry aimed at filling the need. Stock-loan finders sought to help the... Read more...
Whitney more cautious on second quarter
Meredith Whitney, of Oppenheimer, is telling clients that broker-dealers' second-quarter earnings are under pressure, reports MarketWatch. One new twist comes from the credit defaults swap market.... Read more...
Lehman Brothers still faces antsy markets
For all the talk abut how Lehman Brothers no longer is just a bond shop, when the Bear Stearns news went down, the fear spread directly to Lehman Brothers. The sense... Read more...
ALSO NOTED: KKR invests in Harmon; More doubts about SuperFund; and much more...
Company News:> NYSE snags big China company IPO. Article > More on China IPOs. Read more...
Look to 1998 for clues on bank revenue woes?
If you're an old pro on Wall Street, the current turmoil is not that new. Standard & Poor's notes some similarities between now and 1998. The subprime mortgage woes in some ways recall the Asian... Read more...
KKR vs. Wall Street banks
The ongoing credit turmoil has not been kind to Kohlberg Kravis Roberts. It has reportedly been forced to pull out of several offerings, and a loan offering for Alliance Boots has been delayed. The... Read more...
KKR vs. Wall Street banks
The ongoing credit turmoil has not been kind to Kohlberg Kravis Roberts. It has reportedly been forced to pull out of several offerings, and a loan offering for Alliance Boots has been delayed.... Read more...
Putting some numbers to the credit crunch
We've discussed the possibility of a systemic meltdown in credit derivatives. The issue is clouded by
KKR's new era, does it best Blackstone finally?
There has been a lot of talk lately about how investment bank and private equity firms compete against one another. Most of the talk has been focused on the top investment banks' private equity... Read more...



