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Lazard Capital employees charged in gift probe

October 31, 2008 — 11:39am ET | By Jim Kim
Lazard Capital Markets, which spun off from Lazard, has been charged with failure to supervise three employees who allegedly spent more than $800,000 improperly entertaining traders at Fidelity in an... Read more...

Hits keep coming for Legg Mason

October 30, 2008 — 3:03pm ET | By Jim Kim
The credit crunch has been cruel to more than a few money managers. Bill Miller, the head of the Legg Mason Value Trust fund, is at the top of the list. He never gave up on financial stocks, even as... Read more...

Asset management opportunity for independents?

October 8, 2008 — 12:04pm ET | By Jim Kim
Bloomberg offers an interesting article, suggesting that the woes of the big wirehouses may pose a once-in-a-lifetime opportunity for independent asset management firms. There's a lot of anger out... Read more...

Credit crisis crunches Bill Miller

July 23, 2008 — 1:35pm ET | By Jim Kim
In the annals of investing, Bill Miller remains a big name. Recall that he beat the S&P 500 for 15 years in a row until last year. In 2007, his Legg Mason Value Trust fund fell nearly 7 percent... Read more...

See this week's featured jobs and top stories ; provided by eFinancialCareers.com

May 8, 2008 — 6:59am ET
Featured career opportunity:Portfolio Manager Emerging Markets, PIMCOThis position is responsible for trade execution,
... Read more...

Mutual fund industry suffers

April 29, 2008 — 6:59am ET
These are eye-popping numbers. Retail investors are fleeing equity funds en masse. Even the likes of American Funds and Vanguard saw their assets drop 6.6 percent and 4.3 percent respectively,... Read more...

C&L: Executive Moves

April 23, 2008 — 6:59am ET
> Yvonne Wong to leave Merrill Lynch's Asian prime broker unit > KKR hires Read more...

See this week's featured jobs and top stories ; provided by eFinancialCareers.com

April 3, 2008 — 7:59am ET
Featured career opportunity:Equity Analyst - Energy/Utilities, BlackRockPart of the Small/Mid Value Equity Group. As a member of this eleven-person Team, the Analyst will follow the... Read more...

C&L: Executive Moves

April 2, 2008 — 7:59am ET
> Harvard endowment taps Jane Mendillo... Read more...

More on the Fidelity whistleblower

March 31, 2008 — 7:59am ET
Jackie Hosang Lawson was a senior director at Fidelity Brokerage Services and apparently developed some "grave concerns" about the way the company reported profits for mutual funds.... Read more...
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Press Releases

Fidelity Names Former JPMorgan Executive To Head Its Institutional Services Business

BOSTON, October 4, 2007 - Fidelity Investments today named Michael K. Clark, former chief executive officer in charge of JPMorgan's $15 trillion Worldwide Securities Services business, to head its Read more >>

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