Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Bond Boom Good for PIMCO, but Not for U.S. Economy, El-Erian Says
By Janet LevauxPIMCO's CEO and Co-CIO Mohamed A. El-Erian says business at the bond shop is "booming," which is not a good sign for the U.S. economy, he told Bloomberg in a radio interview on Friday, September 10.
September 09, 2010
Former ING Advisor Group Adds to Exec TeamAs Cetera Financial Group adds managers, including recruiters, it may also shed advisors to focus on high-performing FAs.
September 09, 2010
Finance-Sector IPO Pipeline Frozen in Place: Renaissance CapitalSince July 8, when Fortune Bank shelved its $360 million IPO, a total of 11 filings in the finance sector have not gone to market, according to data from Renaissance Capital. Those 11 filings are just a fraction of the total 168 IPOs that have stalled.
September 09, 2010
Interest Rates Wreak Havoc With Investors, Home BuyersBad news whether rates are up or down.
September 09, 2010
Top 10 Most Competitive Countries: World Economic Forum RankingsThe land of perpetual neutrality tops the overall rankings in "The Global Competitiveness Report 2010-2011," released Thursday, September 9, by the World Economic Forum ahead of its Annual Meeting of the New Champions 2010 in Tianjin, China.
September 09, 2010
Trade Deficit Shrank in July; Jobless Claims DropGood news dominated the economic data released Thursday, September 9 as weekly jobless claims fell more than expected and the U.S. trade gap saw its biggest improvement in 17 months.
September 09, 2010
Cetera, Former ING Advisor Group, Adds to Exec TeamCetera Financial Group, the former ING Advisors Network, said Tuesday, September 7, that it hired two more executives for its wealth-management team.
September 08, 2010
Investment Performance Committee Seeks Comment on Standards RevisionsThe GIPS Executive Committee has just released three revised guidance statements--on real estate, private equity and verification--and is seeking comment on the proposed revisions, which are expected to go into effect on January 1, 2011.