SAC Capital Advisors plans to shut down its London office as the $14 billion hedge-fund firm founded by Steven A. Cohen scales back in the face of insider-trading allegations by U.S. prosecutors
“The proposal would completely foreclose broker-dealers from the retirement-planning and investment-planning businesses — businesses in which broker-dealers have served clients for many decades,” wrote Kevin Carroll, SIFMA's managing director and associate general counsel.
An insider's highlights from networking, vendor educational sessions and exhibits.
Plus: Bitcoin is back with a vengeance, what's up with consumer discretionary stocks, how about BP and Tesla's surprising earnings miss. From <i>InvestmentNews</i> senior columnist Jeff Benjamin.
Zywave splits in two, with insurance unit going to a new private-equity owner as financial advisory unit changes name to Advicent.
From analytics to zettabytes, big data is overtaking tech platforms in the financial services industry.
Disclosures, investments and fees are key areas of focus, panelist say.
The expanded reach of social media makes it that much riskier when used in a business setting where key information can easily get leaked.
Insurance and fund executives recount ideas that exceeded regulatory framework
Claimant's lawyer called it the 'most egregious case of churning' he has ever seen
Sykes bulking up new firm, JHS; set to acquirer broker-dealer of Paulson Capital
About 30 brokers who used to be with the defunct broker-dealer GunnAllen Financial have found a new home — with their old boss, John Sykes
A look at the top B-Ds by percentage of advisers that rate a 'strong likelihood' to consider joining, plus net change in AUM at each B-D.
A Goldman economist uncovers a Fed strategy to push tapering out as far as the eye can see. Meanwhile, don't get fooled by all the Twitter IPO hype but take a look at U.S.-listed Chinese stocks. From <i>InvestmentNews</i> senior columnist Jeff Benjamin.
Plus: Goldman shows its softer side to recruit the Millennial market
Social media site seeks $1.4 billion in biggest web offering since Facebook.
After Democrats and Republicans came together for a brief display of bipartisanship to avert a U.S. debt default, financial advisers all but turned their backs on Washington.
Advisers - and their $800M in client assets - join Northstar from Essex.
