Bloomberg

Bloomberg
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RIA NEWS AUG 15, 2008
Dollar makes gains in Eurozone

The dollar continued its rise, gaining ground against the euro and rising to a nearly two-year high against the British pound.

WOMEN ADVISOR COMMUNITY AUG 14, 2008
Women prevail in Smith Barney suit

A federal judge has approved Citigroup Inc.'s $33 million class action settlement with female brokers.

RIA NEWS AUG 14, 2008
New Hampshire hits UBS with ARS charge

The firm is accused of misleading an issuer of student loans in that state by urging it to buy auction rate securities.

RIA NEWS AUG 14, 2008
Inflation soars to 17-year high

Over the past 12 months, the annual inflation rate has risen 5.6%, marking the largest increase since January 1991.

RIA NEWS AUG 14, 2008
UBS wealth head allowed to leave United States

Martin Liechti has returned to Switzerland more than three months after he was detained material-witness warrant.

ALTERNATIVES AUG 14, 2008
Foreclosures up significantly in July

The number of homes receiving foreclosure notices surged to 272,171 in July, up 8% from June.

RIA NEWS AUG 14, 2008
Morgan Stanley, JPMorgan settle ARS cases

The firms will buy back a total of about $7 billion of auction rate securities from retail investors.

RIA NEWS AUG 13, 2008
Ameriprise to buy H&R's advisory unit

H&R Block's more than 900 brokers and advisers will be added to Ameriprise's employee platform.

RIA NEWS AUG 13, 2008
U.S. trade gap narrows

In an unexpected move, the nation's trade imbalance in June fell to $56.8 billion, a 4.1% decline.

RIA NEWS AUG 13, 2008
ING profits dive in second quarter

ING Groep recorded a 25% decline in profits as it dealt with weak financial markets and write-downs from subprime mortgages.