Wall Street Cracks Down on Free Sharing of Analysts' Notes
Brokerage and bank executives are frustrated that so much research ends up on Twitter minutes after its release.
Stifel Agrees to Buy Barclays’ U.S. Wealth Management Unit
The deal should add some 180 advisors to the company, which recently bought Sterne Agee.
Nobody’s Worried About ‘Too Big to Jail’ Anymore
A criminal guilty plea no longer comes with the expectation that it will destroy a bank.
PIMCO Chief Economist McCulley Exits (Again) as Gross Era Ends
“He will be missed more than they know,” Bill Gross, now at Janus, said in an email.
BlackRock’s Rieder Fund Snags PIMCO Assets
Rieder, who runs the $4.1 billion fund, has delivered 7% over the past year, making it the top bond fund.
World Economy Stabilizes in ‘Great Moderation 2.0’: JPMorgan
Low market volatility and minimal employment variability means good news for equities, a JPMorgan analyst says.
Criminal Charges Against Banks Risk Sparking Crisis
Even a threat of a hearing may prompt clients to "lose confidence" in an institution and even "cause a run" on a bank, one expert says.
Wall Street Bond Dealers Whipsawed on Bearish Treasuries Bet
Betting against U.S. government debt this year is turning out to be a fool’s errand. Just ask Wall Street’s biggest bond dealers.
Nomura to Cut Fixed Income Managers
In January Nomura saw the resignations of Jesse Bhattal, former deputy president and chief of wholesale banking, and Tarun Jotwani, who had led the global markets unit prior to its split.
Lehman to Exit Bankruptcy
The biggest bankruptcy in history saw the beginning of the end on Tuesday, as the reorganization plan of Lehman Brothers Holdings Inc. to exit bankruptcy in early 2012 was granted approval by U.S. Bankruptcy Judge James Peck.