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Citi has confirmed that it is indeed moving its stock research unit out of Smith Barney, where it was placed following the stock research scandals of yesteryear, and... Read more...
According to the Financial Times, Citigroup's CEO Chuck Prince is supporting a proposal to move its stock research unit back under an institutional clients division. The FT suggests that this is... Read more...
The retail wars have been fairly heated for the last several years. The latest sign comes from Morgan Stanley, where John Mack seems determined to build a top flight organization. It started with... Read more...
Lots of boomers will be retiring over the next 10 years, and that means lots of 401k money, and I do mean lots, will be rolled over into IRAs. Now, normally, we think of IRAs as fairly small... Read more...