S&P Sector Pick: Why biotech is the way to play
Much of the industry's underperformance in 2009 can be attributed to uncertainty about potential health care reform legislation. Now? Things are looking up
Time to upgrade your firm’s website?
10 sure signs that your web presence desperately needs a face-lift. Immediately
Managing your firm from afar
When Scott Leonard is sailing the Caribbean next year, he plans to have one hand on the tiller of his 50-foot catamaran and the other on his cell phone.
Hedgemony? MFA inks partnership with yet another hedge fund group
The hedge fund industry's premier trade association has made regional alliances a new focus as it beefs up its lobbying effots.
S&P picks: Why the biotech sector looks healthy
Steven Silver, S&P's biotechnology equity analyst, thinks the industry is positioned for renewed investor interest in 2010.
Ex-Magellan manager Vinik ices deal for NHL’s Lightning
The former fund manager — and current Boston Red Sox minority owner — acquires the NHL's Tampa Bay Lightning for a reported $110M. That's about half what the previous owners paid for the team.
Is this a sign? Hedgies closing distressed debt funds
Did you hear? The credit crisis is officially over — at least according to the handful of hedge fund managers who have shut down their “credit crisis funds” over the past few weeks.
Skip the gold medal, go for gold stocks, says Midas Fund’s Thomas Winmill
Why one PM says the price of gold will double to more than $2,500 an ounce over the next 10 years.
AIG throws in a clunker, reports surprise $8.8B loss in 4Q
After two successive profitable quarters, the besieged insurer reports a loss of nearly $9B in the fourth quarter.
FDIC seizes four more banks
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in decades.
Fund groups add inflation hedges
Preparing for a shift in the economic climate, several fund companies are launching funds designed as inflation hedges.
Next N.Y. attorney general will wield power in financial circles
It's early, but brokers and bankers should be tuned into the New York AG race to get a feel for their futures
10 ways to boost the value of your firm
If you're planning to sell your practice, or you just want to build it up, be advised: there are number of ways to increase what a firm is worth
Face-lift coming for $100 bill
In a bid to confound counterfeiters, a new C-note will be unveiled next month
Wallet Street: Big bank bonuses skyrocket, top pre-crisis levels
The American taxpayer bailed out New York City's banking elite. Now, the top securities firms are raking in supersized profits -- with bonuses to match.
Geller looks to expand reach of investment management
Armed with an accounting pedigree and a coveted client roster, Geller Family Office Services LLC is placing a big bet that it can transform itself into one of the industry's premier players.
Advisers upbeat about business prospects – and loving their jobs
Advisers are poised to expand their businesses this year — and are feeling good about their prospects — according to a new survey. What's more, most have high job satisfaction.
Finra top cop Susan Merrill departing
Enforcement director follows Robert Errico out the door at industry watchdog
Top 50 RIA firms struggled to boost assets last quarter
Only six managed the feat, in fact — those that did said the gains mostly came from expanded client rosters and smart investment choices
