New Hire Roundup: Morningstar Names Ptak Head of Global Manager Research
Meanwhile, Wesley Long, former head of private client services at Wedbush, joined Index Fund Advisors to lead its wealth advisors.
Morgan Stanley Agrees to $2.6 Billion Mortgage Settlement With US
Other firms have agreed to spend more than $35 billion over issues tied to the ’08 financial crisis.
12 Best & Worst Broker-Dealers: Q4 Earnings, 2014
Here’s how some of the biggest firms’ earnings compared over the fourth quarter.
U.S. Banks Hoard $2 Trillion of Ultra-Safe Bonds
What do America’s banks know about the state of the U.S. economy that has them hoarding Treasuries?
6 Big Hack Attacks Targeting Financial Data: 2015
More than 500 million financial records were stolen last year, according to the FBI.
12 Best & Worst Broker-Dealer 401(k) Plans: 2015
Using BrightScope data, we ranked 12 big firms on the tools they give their own employees to prepare for retirement.
Enforcement Roundup: Wells Fargo, JPMorgan Slammed Over Mortgage Kickbacks
Meanwhile, the SEC charged a Fort Lauderdale-based advisory fund manager and his firm with running a Ponzi scheme to buy jewelry, cars and a house.
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.
Citigroup Profit Misses Estimates on Year-End Trading Drop
Weakness in fixed income worse than CEO Michael Corbat's recent predictions.
Morgan Stanley Said to Uncover Theft After Ad Sought Speedcoins for Data
Data on 900 wealth management clients was posted on Pastebin, which led the wirehouse to investigate the case.