Andrew Osterland
Andrew was a reporter on the InvestmentNews team from 2011 to 2013 before going on to become a freelance reporter. Connect with him here: @aoreport
Andrew was a reporter on the InvestmentNews team from 2011 to 2013 before going on to become a freelance reporter. Connect with him here: @aoreport
UBS AG announced the hiring of a top-producing three-man team from Bank of America Merrill Lynch today.
Despite the generally dismal performance of alternative investment funds, investors continued to pour money into them in 2011
A new study shows that correlations between many so-called “risk-on assets” have risen dramatically over the last decade.
A survey by the SEI Advisor Network found that wildly volatile markets in 2011 presented an opportunity for advisers to reach out more to clients and strengthen existing relationships.
It's been a long road, but Regions Financial has finally found a buyer for its brokerage unit. Raymond James will purchase the B-D for -- get this -- $930 million in cash and a $250 million dividend.
Like E.F. Hutton, PaineWebber and Dean Witter, the venerable name of Smith Barney is likely to be relegated to the ash heap of Wall Street history
Sources say that the rollout of a single technology system at Morgan Stanley and its brokerage unit has been anything but seamless, with intermittent outages and other assorted glitches and snafus.
At a time when Wall Street is talking about tightening its belt, Morgan Stanley Smith Barney LLC and Bank of America Merrill Lynch are still showing a willingness to shell out big bucks for top-producing financial advisers
Europe will muddle through its financial crisis but is unlikely to craft an enduring solution to calm volatile investment markets.
Morgan Stanley is planning to lay off 2.6% of its workforce, but reps at MSSB are safe. An insider, however, says the brokerage 'won't entirely escape the belt-tightening.'
