Thriving unit plans to add 100 workers to operation by end of 2014; largest staff hike under new CEO
Charity purportedly put money into risky real estate ventures
Big trouble in the big country could whack portfolios closer to home
Private-equity firm Lightyear Capital LLC today announced that it has completed its acquisition of three ING Groep NV broker-dealers.
The broker who conned Bank of America Merrill Lynch into lending him nearly $800,000 as a recruitment incentive – then promptly resigned from the firm and made off with the cash – will be spending the next few years in jail.
Prosecutors say a broker lied about his business successes to trick Merrill Lynch & Co. Inc. into lending him $780,000, which he spent on a Ferrari sports car and other niceties.
Prosecutors say a broker lied about his business successes to trick Merrill Lynch into lending him $780,000. They also claim he spent the loot on a Ferrari sportscar and other niceties..
The Bank of New York Mellon Corp. said it is acquiring the global investment-servicing business of The PNC Financial Services Group Inc.
Energy Investors Funds says it is fully cooperating with authorities investigating the fatal explosion of the Kleen Energy Plant in Middletown.
Private-equity firm Lightyear Capital LLC last week said that it has completed its acquisition of three ING Groep NV broker-dealers.
