The RBC CASH Index, which has gauged consumer confidence since 2002, hit a new low this month.
The U.S. trade deficit grew to $63.1 billion in November 2007, an increase of 9.3% over October.
As managing director and head of fixed income trading, Bill Parry will oversee all fixed income traders.
Further rate cuts will be needed to "support growth and to provide adequate insurance against downside risks," he said.
Natixis Global Asset Management LP of Boston announced today that David Giunta has been named president and chief executive of Natixis Global Associates.
Wholesalers posted a 2.2% increase in sales in November, marking the largest gain in over two years.
GSO Capital Partners is an alternative asset manager specializing in leveraged finance.
Amid signs of inflation, European Central Bank today left its key interest rate unchanged at 4.0%.
The model act covers the secondary market for life insurance, including disclosures for viatical settlements brokers.
The HFR Fund Weighted Composite Index advanced 0.68% in December and gained 10.4% in 2007.
