Community Leadership Awards
The five winners of the 2012 Community Leadership Awards, presented by InvestmentNews and the Invest in Others Charitable Foundation.
The largest money managers
Rank Name U.S. institutional tax-exempt AUM ($M) 1 BlackRock Inc. $831,742.0 2 State…
Aon Corp., Hartford Financial Services, MetLife Inc.
Aon Corp.said today its first-quarter profit jumped 28% as the insurance broker was able to slash costs, more than offsetting a slight decline in revenue.
SEC orders use of XBRL for corporate filings
The SEC today ordered that corporations use the interactive data standard XBRL for regulatory filings to make it easier for investors to analyze the information.
James Gorman as new Morgan Stanley CEO: What will it mean for MSSB reps?
James Gorman is set to slide into the top spot at Morgan Stanley replacing John Mack as CEO in just a few months. What impact will the leadership change have on the firm's force of 20,000 brokers? And is it better news for Morgan Stanley reps that Smith Barney brokers? Have your say here.
Bonus plan stirs pot at AIG’s adviser unit
AIG Advisor Group Inc.'s move to dole out retention bonuses to assuage the 6,000 or so brokers who have remained loyal through the tumult of the past year appears to be too little, too late, or simply too binding for some advisers.
H&R Block reports loss for 1Q due to costs
H&R Block Inc. said today it lost a larger-than-expected $133.6 million in the first quarter, about the same as a year ago, as acquisition expenses and other costs offset slightly higher revenues.