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brokerages
Latest Headlines
Latest Headlines
Morgan Stanley’s big decision
TheStreet.com notes that Morgan Stanley has huge decision to make regarding the two-year old joint venture Morgan Stanley Smith Barney.
It has an option that expires in May to boost its stake in the venture, which is now the largest brokerage in the industry, larger even that the Thunderin
$600 million still missing from MF Global
It's not every day that $600 million vanishes.
But that is exactly what happened at MF Global, and if the money is not recovered soon, it will not be long before we start hearing demands that executives be put in jail. Someone somewhere in the enterprise knows something. The top executives--no
Prime brokerages offer employment services
To think that in the aftermath of the 2008 financial crisis, some on Wall Street wanted to scale back on their prime brokerage services.
While some did so in the short-term, it became quickly clear that long-term the business would have to grow. Hedge funds loom as one of the bright spots in t
Morgan Stanley borrowed the most in financial crisis
How close to the brink was Morgan Stanley at the height of the financial crisis?
After the crisis had waned, it became somewhat vogue for bank executives to claim that they were never really in danger and that they could have weathered the storm without aggressive aid from the government. But
Speculation: Goldman Sachs to face Martin Act charges
New York law enforcement authorities have not been shy about using the Martin Act against big companies in the Sarbanes-Oxley era. Efforts have been led by Eliot Spitzer when he was state attorney general and the late Robert Morgenthau, former Manhattan District Attorney.
The list of companies
What will it take to lure retail investors back into the markets?
One sad consequence of the financial crash of the late 2000s was that millions of retail investors lost faith the market, convinced apparently that it's rigged against them.
Now that the market has rallied, have individuals come back? The answer largely remains, "not yet." Fidelity Investments
Restrictions on short selling LinkedIn stock will be lifted
The LinkedIn IPO has given rise to nostalgic talk of the heady days of the dotcom boom. There was a day when a 175 percent first-day pop was not out of the ordinary.
At a minimum, the LinkedIn deal has many peering into the pipeline. It's where social media giants like FaceBook, Twitter, Group
Sallie Krawcheck on Wall Street women
We asked not too long ago: Where have all the women gone?
Unfortunately, the ranks of women working in the financial services industry has plunged over the last decade, falling by 141,000, or 2.6 percent. The number of men employed by the industry, meanwhile, grew by 389,000, or 9.6
Are branch managers expendable?
If you talk to hardcore wirehouse stock brokers about their branch managers, you might hear some condescending talk about how the guy--they are invariably guys--is freeloading off the big producers in the office and whatnot. Some think the manager really ought to be working for them. Others might
The jury is still out on Sallie Krawcheck
Sallie Krawcheck is no stranger to big challenges. But is the Bank of America Merrill Lynch brokerage behemoth too much for her? Is it too much for any individual? Is the combined firm so unwieldy and rife with cultural divisions that no executive could do much with it? While that ultimately remai
