Looking toward an initial public offering, Kohlberg Kravis Roberts is seeking a securities broker-dealer license, TheDeal.com said.
New York Life Insurance Co. said on today that its COO, Theodore Mathas, would add president to his title as of July 1.
New York Life will launch a series of five target-date funds called the MainStay Retirement Funds.
John Hancock will pay $21.2 million to settle an investigation of the firm's failure to disclose revenue sharing schemes.
AXA Equitable Life Insurance Co. has named Kenneth T. Kozlowski vice president of its Funds Management group.
An adviser to the Dutch high court said ABN Amro can sell LaSalle without shareholder approval.
Claymore Securities today announced the launch of Claymore/KLD Sudan Free Large-Cap Core ETF on the /MEX.
A London hedge fund manager will go public by merging with New York's Freedom Acquisition Holdings.
PowerShares today launched four exchange traded funds based on the FTSE RAFI indexes.
Wachovia Securities LLC may face challenges in retaining all the brokers it wants to, in the wake of its announced merger with A.G. Edwards Inc. of St. Louis.
