Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
FICO Says Credit Scores Sink to New Lows
By John SullivanFigures provided by FICO to The Associated Press show that 25.5% of consumers, nearly 43.4 million people, now have a credit score of 599 or below, marking them as poor risks for lenders.
July 12, 2010
Schwab, JPMorgan, BofA, Citigroup Kick Off Q2 2010 Earnings WeekAmid a volatile performance recently in the U.S. stock markets, banks, insurers, mutual fund companies, and third-party custodians will start reporting second-quarter 2010 earnings this week, starting with SCHW, JPM, BAC, and C.
July 12, 2010
Senate Vote, Quarterly Earnings, Federal Reserve: Advisor Briefing for the Week of July 12, 2010Market moving news for the week of July 12-16, 2010.
July 11, 2010
Scorpio Partnership Study: Rich Have $10 Trillion in Untapped AssetsAccording to a study released July 8 by the consultant firm Scorpio Partnership, the assets of the high-net-worth exceed what is currently under management, leaving approximately $10 trillion in realistically investable assets on the table.
July 11, 2010
Prudential Outlook Says Global Economy Is Solid, With Tightening to ComeWith numbers trending lower, Prudential International Investments Advisers' global economic outlook for Q2 2010 is for solid growth, with the second half of 2010 slower and rate tightening expected to continue into 2011.
July 10, 2010
Muriel Siebert on Financial Reform and Financial Literacy: The Weekend InterviewMuriel Siebert sat down for an exclusive interview with WealthManagerWeb.com Editor in Chief Kate McBride on June 18.
July 09, 2010
MSRB Asks SEC to Expand Public Information on ARS, VRDOsThe Municipal Securities Rulemaking Board (MSRB) filed on Friday, July 9, a proposal with the Securities and Exchange Commission (SEC) that amends an earlier filing about variable rate demand obligations (VRDOs) and auction rate securities (ARS).
July 09, 2010
REITs Outperform Broader Equity Market in First Half of 2010The U.S. REIT industry significantly outperformed the broader equity market in the first half of 2010, despite global economic shocks that depressed the market in the second quarter, according to the National Association of Real Estate Investment Trusts.