Mario Gabelli plans to raise $200 million to buy a financial services, media or telecommunications company.
Samuel Israel III, founder of Bayou Group LLC, pled guilty to charges related to his attempts to jump bail and flee.
Ameriprise Financial Inc. has made a splash in the roiling M&A acquisitions market for independent broker-dealers.
Consider a sale of assets to an intentionally defective grantor trust for the benefit of multiple younger generations.
Net income at the Société Générale slipped to $1 billion from $2.36 billion in the 2007 second quarter.
A number of Eaton Vance's closed-end funds will redeem approximately $176 million in ARPS.
Following Invesco AIM were American Funds Group, Fidelity Investments and OppenheimerFunds Inc.
Dow Kim, former head of trading and investment banking, has shelved plans to launch a hedge fund, says Bloomberg.
Personal spending increased 0.8% in June, marking the steepest one-month gain since a 1% increase in February 1981.
With operational costs growing and financial advisers in short supply, the demand for talent has put the value of young financial planners at a premium, according to industry guru Mark Tibergien.
