08/06/2014
For the three months ended June 30, 2014, the Company reported non-GAAP net income from continuing operations of $51.3 million, or $0.68 per diluted common share. These non-GAAP results exclude merger-related expenses associated with the Company's re
08/05/2014
UBS will be the managing member and it will utilize the services of Infrastructure Asset Management
08/05/2014
Competition among leading banks calls for open thinking.
08/05/2014
As a result of the transaction close, Matthew Stadtmauer, formerly President of Pine Grove has become President of FRM.
08/05/2014
Goldman also is pulling the firm's own cash out of its largest internal hedge fund
08/03/2014
Many renowned bankers and traders have chosen the same path in recent months, leaving Wall Street for hedge funds or to build ventures of their own.
07/31/2014
The Survey identifies excellence as perceived by prime broker clients, primarily hedge funds, banks and asset managers, in twelve core service categories. In each case two providers were identified for inclusion in the Roll of Honor.
07/31/2014
The largest global investment banks face further cost reductions, like the job cuts JPMorgan Chase & Co. began this month, after a drop in first-half expenses failed to match a decline in revenue.
07/30/2014
Investment banking firm Cantor Fitzgerald’s wealth advisory affiliate has agreed to buy Yardley-based investment advisor Capital Planning Advisory Group.
07/29/2014
Morgan Stanley’s move is intended to aid younger employees with their cash flow amid higher bonus deferrals since the financial crisis
07/28/2014
Wall Street firms are unloading assets to comply with regulations requiring that they bolster capital and reduce investments
07/24/2014
The company's adjusted net profit rose to $85 million
07/24/2014
Legg Mason to buy Martin Currie
A truly international client base with a balanced spread across Australia, Asia, EMEA and the US.
07/22/2014
Nicholas Valtz, a managing director in cross-asset sales at Goldman Sachs Group Inc. in New York, was found dead yesterday by family members who went searching for him after he didn’t return from a kiteboarding outing.
07/18/2014
The Bank of New York Mellon Corporation today reported second quarter net income applicable to common shareholders of $554 million, or $0.48 per diluted common share.
07/18/2014
The only division where Morgan Stanley still seems willing to pay for performance is wealth management
07/18/2014
KeyCorp said it has agreed to buy Pacific Crest Securities, a technology-focused investment bank and capital markets firm based in Portland, Ore.
07/17/2014
Lazard is celebrating two big victories after serving as an adviser on two big deals announced Tuesday morning.
07/16/2014
Results Include Litigation Expense of $4.0 Billion
07/15/2014
The accord came roughly six years after the height of the financial crisis. It is one of several Justice Department probes into the packaging and sale of risky home loans.