New Hire Roundup: PIMCO Names Fels Managing Director, Adds CIO
Meanwhile, New York Life says it will hire 3,600 reps this year.
New Hire Roundup: SEC Names Schneider Associate Regional Director for Pacific Northwest
Meanwhile, Advisor Software announced that Erik Jepson has joined as chief customer officer.
Motif Investing Gets $40M From Chinese Internet Leader Renren
Joe Chen, Renren founder, and Carl Stern, a former Goldman Sachs and Boston Consulting executive, will both join Motif’s board of directors.
Goldman Sachs Profit Declines on Drop in Fixed-Income Trading
The firm posted its lowest annual trading revenues since 2005.
JPMorgan Profits Drop in Q4; Wells Fargo Sees Modest Improvement
One bank is hit by continued legal costs, while the other has loan and deposit growth.
New Hire Roundup: Morningstar Shuffles Leadership
Meanwhile, the SEC has appointed a new equity market structure committee, which includes FINRA CEO Richard Ketchum.
New Hire Roundup: BlackRock’s Gundersen Goes to MainStay
U.S. Bank and Blue Water Advisors each add two.
Commodities: More Pain Ahead in 2015
The sharp drop in oil and rise in the dollar are harbingers of weakness for the asset class, experts say.
And After Mobile?
First coined by Kevin Ashton at MIT in 1999, the Internet of Things (or the IoT) is defined by Cisco Systems as “the network of physical objects accessed through the Internet."
Fines R Us: FINRA Hits 10 Banks for $43M Over Toys R Us IPO
The firms, including Citigroup, Credit Suisse and Goldman, offered favorable research to win investment banking business.