S&P 500 Erases 2015 Loss, Bonds Rally on ECB Stimulus; Oil Drops
The S&P capped its fourth straight gain amid the ECB's stimulus news and strong bank and transportation earnings.
S&P 500 Pares Biggest Loss Since 2011; Bonds Trim Rally
Jittery markets go through wild ride but recover at close. S&P lost 3% but ended day down 0.8%.
DOL, SEC, FINRA Enforcement Roundup: DOL Recovers $43 Million for Madoff Victims
Among other recent enforcement actions were SEC charges against two Connecticut-based hedge fund managers and their firms for fraud.
LPL Trust Unit Aims to Boost Sales, Hires
The Cleveland-based Private Trust Co. has added two executives and plans to work more with independent advisors affiliated with LPL.
New Hire Roundup: Dowling & Yahnke Advance 4; Key Private Bank Launches Delaware Trust
Among the hiring action this week: Dowling & Yahnke announced four promotions; Key Private Bank launched a Delaware trust company; Patrick Goshtigian joined EP Wealth Advisors; Jane Bachmann and Eugene Miller went to Citi Private Bank.
News & Products
How sweet it is: KeyCorp is selling its McDonald Investments branch network to UBS, and the approximately 340 reps in those 51 branches are being...
UBS to Buy McDonald after Piper Jaffray Deal Closes
What do you do after gobbling up some 700 Piper Jaffray advisors? If you're UBS, you make another deal -- this time to rake in...