Says investors not getting paid enough premium to invest in high-yield debt; 'equity is very cheap'
It might be easier not to think ahead, but it isn't fair to leave clients high and dry
The plaintiffs, H. Cristina Chen-Oster, a former vice president, Lisa Parisi, a former managing director, and Shanna Orlich, a former associate, seek class-action status to represent all female Goldman employees with those job titles.
Merrill Lynch & Co., the Bank of America Corp. securities brokerage unit, won a U.S. judge's ruling denying a bid by 17 black financial advisers for group status in their five-year-old discrimination case.
Advisers who were impacted when the Massachusetts Securities Division sent out their confidential info to an industry media outlet are now voicing their furor.
A lawsuit over the theft of contact information for more than 6 million TD Ameritrade customers has been ordered into mediation, so the search for a satisfactory settlement will continue.
Send letter to Fed boss Ben Bernanke urging central back to halt latest round of quantative easing
Former Merrill exec Bob McCann is helping to spark a turnaround in the UBS wealth management unit
Bond giant expects little impact from the Fed's quantitative easing; says sovereign debt a better bet
But Berkshire boss says pain from the financial crisis will last for a long time
