The Small, Generalist Broker-Dealer: R.I.P.? Who Will Survive
Led by the strictures of Dodd-Frank, higher costs and tougher regulation are already putting smaller, undifferentiated BDs into trouble.
5 Key Traits of Fastest Growing Bank Wealth Managers
Fidelity study names five traits that set thriving bank wealth practices apart — size and location weren't among them — and their five biggest challenges.
New Italian Government: Will Promises Pay Off for Investors?
The new prime minister, Matteo Renzi, has made big promises for the Italian economy, but delivery may be difficult.
Sallie Krawcheck: Top 10 Reasons It’s Bad to Pay Bankers in Stock
Krawcheck says it’s time for large banks’ boards to come up with new payment strategies for executives, such as bonds, “which are fundamentally risk-discouraging.”
IMF Boosts Estimate of Bank Selloffs to $4.5 Trillion
The IMF said that if political leaders fail to quell the fiscal crisis, it foresees European banks having to sell up to $4.5 trillion in assets through 2013.