NYSE Euronext Inc. has selected Michael S. Geltzeiler to become the exchange operator’s chief financial officer and group executive vice president .
Despite rising energy costs, the Dow Jones Transportation Average has increased 19% since March, exceeding the 7.5% of the Dow Jones Industrial Average.
Goldman Sachs said it would likely sever its links with the Institute of International Finance in a dispute over accounting rules.
Former employees of Morgan Stanley and Janney Montgomery Scott LLC were indicted on kickbacks and fraud charges.
The SEC has filed an injunctive action against James G. Marquez, a principal of the failed Bayou Fund.
UBS AGwill raise more than $15.5 billion of capital by issuing sharply discounted shares in an attempt to recover from mortgage-related losses.
Home prices fell by a seasonally adjusted 1.7% in the first quarter, marking the largest quarterly decline on record.
BlackRock Inc. has hired Craig Phillips to head its financial markets advisory group, a unit of BlackRock Solutions.
Proposals voted on at Citigroup, JPMorgan and Morgan Stanley that allow investors to weigh in on pay were not well received.
Brinker Capital Inc. has surpassed the $10 billion mark in assets under management.
