10/30/2014
BNY Mellon company, Pershing LLC’s prime brokerage unit was named ‘Best Prime Broker—Custodial Solution’ for the third time in as many years at HFMWeek’s US Hedge Fund Services Awards ceremony in New York.
10/27/2014
Jaguar Growth Partners, a privately-held investment management and advisory firm run by former business partners of Sam Zell, has received $100 million in new financing from New York Life Insurance Company for its inaugural fund.
10/23/2014
After three years as co-CEO with Schwab, founder of the San Francisco brokerage and investment firm, and two years as the sole boss, Pottruck got called into Schwab’s office and unceremoniously fired.
10/23/2014
The industry has also faced challenges as regulators have pushed more derivatives trading onto electronic platforms in a bid to make the market more open and safer. Low interest rates also have dampened market volatility, adding to brokers' woes.
10/22/2014
Raymond James Financial Inc is preparing to offer exchange-traded funds free of transaction fees, ratcheting up its competition for assets against similar programs in place at Charles Schwab Corp and TD Ameritrade Holding Corp.
10/22/2014
This is the first unhedged European dividend ETF in Canada and has a management fee of 0.49 per cent. The ticker symbol "RPD" represents Canadian-dollar-denominated units, while the ticker symbol "RPD.u" represents U.S.-dollar denomina