Bear Stearns is being sued over the now-infamous failure two of its hedge funds, published reports said.
A massive snafu is stopping 10,000 advisers affiliated with Linsco/Private Ledger Corp. from doing business online.
Marsh & McLennan Cos. Inc. announced that earnings per share remained unchanged at 31 cents compared to the year-ago period.
Radar Logic has licensed its real estate data to three Wall Street firms that will allow investors to bet on which way residential real estate markets are headed.
The HFR Fund Weighted Composite Index increased 0.49% in July and is up 7.99% year-to-date.
Firms are receiving the $35,000 that was promised upon the completion of the NASD-NYSE Reg merger.
Hennessee Group has been cleared in a lawsuit filed by a client who lost money in the collapsed hedge fund Bayou Group LLC.
Van Eck Global announced that it will launch an exchange traded fund based on nuclear energy.
Goldman Sachs Group Inc.'s flagship hedge fund fell 8% during the last week of July, according to Financial News.
After a change of course following three turbulent years, SEI Investments Co. is once again winning assets from financial advisers.
