Legg Mason Inc. today said James W. Hirschmann III has decided to relinquish his responsibilities as president and chief operating officer at the Baltimore-based money management firm.
The money made last year by top hedge fund managers is putting traditional Wall Street pay packages to shame, according to a report in Alpha magazine.
JP Morgan Chase & Co. said it has launched JPMorgan Entertainment Advisors to provide financial and strategic advice, services and products to clients in the entertainment and media businesses.
Health savings accounts are more than four times more popular with employers in a swath of Wisconsin than in the United States as a whole
NEW YORK — North Dakota last week became the first state to adopt a more stringent statute regulating life settlements, with special emphasis on stranger-originated life insurance.
JP Morgan Chase & Co. has tapped Joe Jiampietro, a former UBS AG managing director in the financial institutions and governments team, making him the latest to leave the Zurich-based bank.
PowerShares Capital Management LLC said its assets recently have surpassed the $10 billion mark, up from $8.5 million at the close of 2006.
Instinet Group Inc., a global agency broker, has announced the expansion of its BrokerShare commission sharing arrangement program to include non broker-dealers.
Federated Investors Inc., a Pittsburgh-based money manager, today said it has agreed to acquire certain assets of Rochdale Investment Management LLC tied to the $321 million Rochdale Atlas Portfolio, a mutual fund investing in international stocks.
WisdomTree Investments Inc. of New York announced today that Independence Blue Cross of Philadelphia, through its subsidiary QCC Insurance Co., has allocated $25 million to WisdomTree’s High Yielding Equity Index.
