Bloomberg

Bloomberg
Displaying 13045 results
LIFE INSURANCE AND ANNUITIES JAN 31, 2008
NAIC claims drop in customer complaints

A total of 222,184 consumer complaints were reported to the NAIC last year, a 3.6% fall from 2006.

ALTERNATIVES JAN 31, 2008
MSIM launches fund-of-hedge-funds

The Morgan Stanley Global Long/Short Fund aims to offer an institutional-quality portfolio of long/short equity hedge funds.

RIA NEWS JAN 31, 2008
NFP Securities chief abruptly quits

The firm’s parent company, National Financial Partners, will replace Jeff Montgomery from within.

RIA NEWS JAN 31, 2008
MBIA, Nasdaq, ICE & Greenhill

MBIA, the troubled Armonk, N.Y.-based bond insurer, posted a $2.3 billion loss and a write-down of $3.5 billion.

LIFE INSURANCE AND ANNUITIES JAN 30, 2008
Marsh names president and CEO

Brian Duperreault replaces Michael Cherkasky, who left the New York-based insurance broker in December.

PRACTICE MANAGEMENT JAN 30, 2008
Tread carefully when self-reporting

Self-reporting in areas such as the retention of e-mails “is more of an art than a science,” said the CEO of ING.

RIA NEWS JAN 30, 2008
Gross domestic product sputters in 4Q

This followed a 4.7% increase in the third quarter, bringing average growth in 2007 to 2.2%, compared with 2.9% in 2006.

ALTERNATIVES JAN 30, 2008
Bayou CFO gets 20 years in prison

Daniel Marino, who faced a maximum sentence of 50 years, had sought leniency due to his cooperation with prosecutors.

RIA NEWS JAN 30, 2008
UBS, Legg Mason, Lazard, BNP & AMG

UBS posted a $14 billion write-down that will result in a $12.5 billion fourth-quarter loss.

ETFS JAN 30, 2008
Claymore, PowerShares launch ETFs

Claymore Securities has unveiled the Claymore/AlphaShares China Small Cap Index exchange traded fund on Amex.