Merrill Lynch has launched an independent broker-neutral platform for its prime brokerage clients in the hedge fund industry.
Despite careening markets, Americans felt more confident about their financial security.
SPA ETFs, an affiliate of London & Capital, today launched its first U.S. equities-focused ETF on the American Stock Exchange.
Lehman has pledged $10 million to Spelman College to prepare black women for careers in the financial sector.
The figure includes the change in banks' dollar-denominated liabilities, which comprised most of the loss.
A subsidiary of NYSE Euronext announced that connectivity to the BATS market center is available via the Secure Financial Transaction Infrastructure.
Hedge funds pulled out of this summer’s market havoc, recording average returns of 2.44% for the third quarter, according to Morningstar Inc.
LPL has plucked Derek Bruton from a custodian that caters to RIAs to oversee its network of affiliated B-Ds.
Cory Little will head the private banking and investment unit in Boston's global wealth management group.