FierceFinanceFierceFinanceITFierceSarbox   FierceCIO
Syndicate content

broker dealers news from FierceFinance

News

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...

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...

Putting some numbers to the credit crunch

We've discussed the possibility of a systemic meltdown in credit derivatives. The issue is clouded by Read more...

CDO and subprime bonds take a hit

Standard & Poor's has deemed the subprime mortgage bond market in 2006 possibly "the worst... Read more...

Valuation rule aids some big broker dealers

Some big broker dealers have really benefited from a recent rule change by the FASB. As noted by Breakingviews, the new rule requires companies to change the "fair market" value to... Read more...

Analysis slams Bear Stearns subprime activity

The role of Wall Street firms in the on-going subprime meltdown is being debated. With... Read more...

BATS a savvy move for Merrill Lynch?

Is Merrill Lynch on to something with BATS? Well, like Lehman Brothers and Credit Suisse, it has bought a minority stake in the well-regarded ECN. But not just any ECN. BATS, which stands for... Read more...

Outlook for the top broker dealers

After two years of dazzling performance, the sluggish stock performance of the S&P investment banking and brokerage group is hardly surprising. But the question has to be asked: Will this last... Read more...

ALSO NOTED: Hedge funds increasingly important to broker-dealers; Wachovia makes corporate governance moves; and much more...

Company News:
> Blackstone Group to sell buildings in San Francisco. Article
>... Read more...

Inside the hedge fund/broker relationship

The investigation of whether broker dealers tip hedge funds off to big block trades has generated... Read more...