Merrill Lynch helped speed up the deterioration of one of Bear Stearns' collapsed hedge funds.
Barclays Global Investors today launched the first iShare ETF to invest in international real estate via real estate investment trusts.
The Raptor Fund fell 9% last month, while Caxton Associates' flagship hedge fund fell about 3%.,
Waddell & Reed will offer its advisers updated technology and a new outside platform for its top 300 reps.
For the second consecutive year, LPL Financial Services is giving a bump to its bigger-producing registered reps.
Bear Stearns and several of its asset management employees are the subject of an arbitration claim by an investor who suffered losses in one of the company’s structured credit hedge funds.
A third Bear Stearns hedge fund is in trouble due to the subprime mortgage market, according to published reports.
Lehman Brothers launched the Lehman Brothers Municipal Index Swap, according to published reports.
JPMorgan Hedge Fund Services has expanded its Asia business with a pair of hires in its Hong Kong office.
Private equity executives today warned the Senate that higher taxes on carried interest would severely harm enterprises.