Sam Antar describes commission attorney Richard Simpson as 'an unbelievably tough guy.' Antar should know: he was CFO of Crazy Eddie, the crooked retailer that Simpson helped topple in the Eighties
It's been a swell ride for stock investors over the past three months. But UBS strategists say the rally is running out of steam. Their suggestions? Read on
'Amway' of financial services to go public in deal valued at around $236M
So far, the unwinding of the government's stakes in once-distressed banks has paid off handsomely for the U.S. taxpayer. The profit on the planned sale of Citi stock should be the topper.
The following is a weekly investment commentary by Bob Doll, vice chairman and chief equity strategist for fundamental equities at BlackRock Inc.
RBC Wealth Management continues to add financial advisers from competing brokerages and has now recruited a two-person team from Stifel Nicolaus, a subsidiary of Stifel Financial Corp.
Two broker-dealers are coming out swinging against investors and securities regulators who are looking for redress over the sale of private placements that went belly up last year.
The broker-dealer has fired back at a state regulator with some stinging accusations of ignorance.
Financial services firm Stifel Nicolaus & Co. will complete the buyback of auction-rate securities from individual investors six months early under a settlement reached Monday with Missouri and other states.
Duo launching an actively managed commodities fund that will invest in securities linked directly to the value of liquid commodities and commodities future contracts.
The revenue-raising provision of the new health care law most likely to affect your clients is a 3.8% levy on investment income.
In the first quarter of 2009, UBS lost nearly $2 billion. In the first quarter of 2010, UBS earned $2 billion. CFO John Cryan says improving adviser morale helped spark the turnaround.
A pleasure cruise down memory lane, with some of the best spots ever seen on TV. Join the fun -- and tell us your favorite
Thomas James readily admits that his impending departure from Raymond James Financial Inc., whose roots go back to a firm founded by his father in 1962, is bittersweet.
No Wall Street firm dominates forever -- just ask the former employees at Drexel Burnham Lambert
Good sense has vanished from many areas of American life including how families manage their money, says economist and television commentator Ben Stein.
Chardonnay-sayers proved wrong, as fine wine index hits new high after tanking in 2008
Nearly 30% of investment pros describe equities as undervalued in the latest quarterly survey by Russell Investments
How can an Advisor or a Firm "own" someone else's money?
Merrill Lynch is carving out some of its private banking units from the broker recruiting protocol.
