An Italian judge has ordered Bank of America to stand trial in connection with the 2003 collapse of Italian dairy company Parmalat SpA.
Braddock Financial will liquidate its $300 million hedge fund due to investor fears of subprime mortgage exposure.
UBS picked deputy group CEO Marcel Rohner to helm the company, replacing Peter A. Wuffli.
The FBI is analyzing death threats against Goldman Sachs, according to published reports.
Wedbush Morgan may land 100-plus reps from Brookstreet now that the son's founder has signed on with the firm.
Baring Asset Management announced that Marino Valensise will assume the role of chief investment officer by the year's end.
A specialty insurer said that two of its employees received Wells notices from the SEC's division of enforcement.
Following hedge fund problems, asset management risk control will report to parent's risk czar.
