Bloomberg

Bloomberg
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INVESTING ALTERNATIVES JUN 27, 2007
Cantor Fitzgerald forms fund-of-funds unit

Cantor Fitzgerald of New York is entering the alternative asset management arena.

NEWS BROKER DEALERS JUN 27, 2007
Woodbury Financial names president

Woodbury Financial Services, a top twenty independent-contractor broker-dealer, has promoted Walter White to president of the firm.

INVESTING ALTERNATIVES JUN 26, 2007
Hedge honcho scores Hamptons bargain

The head of SAC Capital has gotten a nice price on his new home in the Hamptons, according to published reports.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
National Penn Bancshares to buy Christiana

National Penn Bancshares will acquire Christiana Bank & Trust Co. for about $56.5 million in stock and cash.

INVESTING ALTERNATIVES JUN 26, 2007
GLG settles short-selling charges

GLG Partners of London has agreed to pay more than $3.2 million to settle charges of illegal short-selling.

NEWS BROKER DEALERS JUN 26, 2007
KKR said to seek B-D license

Looking toward an initial public offering, Kohlberg Kravis Roberts is seeking a securities broker-dealer license, TheDeal.com said.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
Dutch top court may lean to Barclays

An adviser to the Dutch high court said ABN Amro can sell LaSalle without shareholder approval.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
New York Life names new president

New York Life Insurance Co. said on today that its COO, Theodore Mathas, would add president to his title as of July 1.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
AXA names VP of funds group

AXA Equitable Life Insurance Co. has named Kenneth T. Kozlowski vice president of its Funds Management group.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
NYLIM to offer target-date funds

New York Life will launch a series of five target-date funds called the MainStay Retirement Funds.