New Hire Roundup: FSI Elects Commonwealth’s Rooney to Board
Meanwhile, Thomas Franco joined Virtus Investment Partners, and Kenneth Shimberg went to Mercer.
Enforcement Roundup: Standard Chartered to Pay $300M, Cut Services
In another enforcement action, the SEC charged a former bank exec and his friend with insider trading.
Top Portfolio Products: Incapital Launches Farmer Mac Notes Program
Meanwhile, a new partnership between PwC and Salesforce.com allows wealth managers to use the cloud for numerous functions.
National Companies Step In as Banks Exit Commodities Markets
Thanks to regulatory changes, the departure from commodities markets has opened the door for national companies to enter. But those aren't the only changes afoot.
India Seeks to Boost Foreign Currency Exchange
India’s economy has been suffering, but the country has thought of a solution that could go a long way to ease its fiscal woes.
Gold to Soar: Deutsche Bank
Gold is destined for another increase, according to the head of metals trading at Deutsche Bank. In fact, it’s set to jump above $2,000 as governments use stimulus to counter any slowing in economic recovery.
Gold Down, Gas Up as Sandy Strikes
Commodities are trading lightly, with demand for gold likely to shift next month, experts say.
LIBOR Case Subpoenas Expand to 16 Banks
Now the list of subpoenaed banks has expanded to a total of 16, including Société Générale and Royal Bank of Canada (RBC), and more attorneys general are coming in on the investigation.
Metals in Motion
5 Unusual International Investing Tips From Thornburg
Thornburg Investment Management is building a reputation for itself as an international stock picker thanks to its portfolio managers' thoughtful—and unusual—views.