12/04/2012
Global banks, forced by regulators to reduce their dependence on profits from high-risk trading, have rediscovered the appeal of the mundane business of managing money for clients.
12/04/2012
Gatehouse Bank has completed the acquisition of a diverse industrial portfolio of 19 operationally critical properties across the United States of America.
12/03/2012
Houlihan Lokey, the international investment bank, today announced two new hires representing an expansion of the firm’s Business Services Group.
12/02/2012
Fees are unpopular with customers as well as regulators who see them as punishing lower-income customers.
11/21/2012
The acquisitions will boost First State Community, based in Farmington, Mo., to $1.7 billion in assets and 46 Missouri branches.
11/14/2012
That's a really high number, especially since they're basically chained to their desks during the trading day.
11/12/2012
Legg Mason is a global asset management firm with $646 billion in assets under management as of October 31, 2012.
11/12/2012
Conglomerate swoops on US investment bank
Handler emphasized that the deal is being done at a time of significant strength for both companies and said its aim is to create more long-term value.
11/11/2012
That’s because there’s much less investment-banking business being done today, at least compared with the halcyon days of Wall Street just before the market meltdown of 2008.
11/08/2012
Morgan Stanley gathered its new team of investment-banking leaders in New York this week.
11/05/2012
The transaction is valued in excess of $575 million
11/01/2012
For the third quarter of 2012, we had a net loss of €9.7 million
10/31/2012
As banks across Wall Street retreat from the trading business, Wells Fargo & Co is expanding.
10/25/2012
Additional job cuts are also on the way, including about 400 staff, or 10 percent of the investment bank’s front-office employees in Europe, people familiar with the matter said last week.
10/24/2012
T. Rowe's assets under management totaled $574.4 billion as of the end of September
10/24/2012
Ameriprise Financial Inc. said Wednesday its third-quarter net income dropped nearly in half
10/23/2012
Executives of the bank were locked in a board meeting in New York on Tuesday to thrash out details of the plan.
10/22/2012
'Getting an unsophisticated client was the golden prize,' Greg Smith tells CBS News' 60 Minutes
10/18/2012
Morgan Stanley's wealth management business posted a stronger profit margin in the third quarter
10/16/2012
The third quarter of 2012 was negatively impacted by $1.9 billion of debit