Investors in Bear Stearns' two collapsed hedge funds have filed arbitration claims against firm, according to Reuters.
Merrill's new CEO will receive 46,304 shares of restricted stock that will vest over the next three years.
The European Central Bank held its key interest rate at 4%, while The Bank of England cut interest by a quarter-point.
The Spectrem Millionaire Investor Index fell 11 points in November to a reading of 3.
The figure comes in much higher than market expectations and the biggest monthly increase in a year.
The ETF seeks to track the total return performance of the Lehman Brothers High Yield Very Liquid Index.
A report from UCLA says the U.S. will escape recession in 2008, but most polled by Bloomberg aren't buying it.
Sandy Praeger was voted in as the Kansas City, Mo.-based association's new president.
The technology-solutions provider has completed its $4.4 billion cash acquisition of CheckFree.
Daniel Glaser, currently managing director of AIG’s European arm, will start Dec. 10, filling the position vacated in August by Brain Storms.
