Merrill Lynch & Co. Inc. has announced that it will expand its private equity efforts and promote two managers.
Fidelity Investments today added international real estate, Canada and small cap funds to their Advisor fund roster.
Rising credit losses and lower trading results took a $35 million bite out of HSBC USA Inc.’s profits during the first quarter.
Euronext, a subsidiary of exchange operator NYSE Euronext, reported record quarterly revenues of $419.8 million, up from $364.5 million the prior year.
The Federal Reserve chief today warned against creating "ad hoc" securities regulations—especially for derivatives or hedge funds.
The first hedge fund to go public today posted a 52% drop in first-quarter net income.
The Senate Finance Committee's top Republican today introduced legislation requiring hedge fund advisers to register with the SEC.
Morningstar Inc. has announced that Claymore Securities Inc. has licensed three Morningstar Super Sector Indexes to create three new exchange traded funds.
Charles “Chuck” Schwab again dismissed speculation that his company might acquire TD Ameritrade Holding Corp. or E*TRADE Financial Corp. by suggesting the two rivals might form a good union themselves, according to press reports.
The American Stock Exchange today launched trading in the Claymore S&P Global Water Index ETF, the first exchange traded fund to cover the global water industry.
