Global Alpha, Goldman Sachs’ flagship hedge fund, fell 3.4% during the first four months of this year.
OppenheimerFunds Inc. Wednesday said Bill Wilby will retire from the New York-based company June 30 after 16 years of service.
The Bear Stearns Cos. Inc. today expanded its European investment banking division with a series of new appointments.
Jeff Raich, co-global head of mergers and acquisitions, is the latest high-ranking investment banker to leave UBS AG.
IRVINE, Calif. — The major sponsors of fee-based brokerage accounts claim they will need six months to a year to transition clients out of the accounts.
Merrill Lynch & Co. has trimmed employees’ sick days from 40 to 10, according to an internal memo.
Ben Weston, chief of hedge fund development at Merrill Lynch & Co. Inc., has left the company.
JPMorgan Chase & Co. has launched 12 indexes comprising exchange-listed American Depositary Receipts and Global Depositary Receipts.
Merrill Lynch & Co. Inc. is purchasing a 20% minority stake in a hedge fund with $8 billion in assets under management.
Merrill Lynch & Co. Inc. plans to reshuffle the leadership structure of its markets and investment banking operations, according to a Financial Times report.
John C. Whitehead said he is outraged by the excessive compensation given to Wall Street top execs.
JPMorgan Chase & Co. acquired Xign Corp., a provider of business-to-business on-demand financial settlement solutions.
The Fidelity Out of Sudan group applauded news that the fund giant has slashed its stake in PetroChina ADRs by 91%.
An affiliate of Edward Lampert's ESL Investments Inc. hedge fund now owns 15.24 million shares of Citigroup Inc.
George "Beau" Taylor, JPMorgan Chase & Co.'s energy-trading head has quit to join the Credit Suisse Group, according to published reports.
A senior fund manager at a joint venture between JPMorgan Asset Management and Shanghai International Trust & Investment Co. was dismissed yesterday because of suspected insider trading.
Merrill Lynch & Co. Inc. has announced that it will expand its private equity efforts and promote two managers.
Fidelity Investments today added international real estate, Canada and small cap funds to their Advisor fund roster.
Tom Madsen, UBS Global Asset Management’s global head of equities, has stepped down from his post to take a business development role, according to published reports.
With floor traders at the New York Stock Exchange fast becoming obsolete, Bear Stearns Cos. Inc. said today that it would write down the value of its specialist business by $225 million, according to Crain's New York Business.
