Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Greenberg Quits Marsh
By Daniel Hays<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />Jeffrey W. Greenberg has resigned as chief executive officer of scandal-hit Marsh & McLennan Companies Inc., New ...
October 19, 2004
MetLife Denies Helping Broker Gouge PricesNU Online News Service, Oct. 19, 2004, 3:35 p.m. EDTMetLife Inc. says that it's not shocked that it was mentioned in recent charges against ...
October 14, 2004
BISA Reports 16% Drop In Bank Broker ProductionNU Online News Service, Oct. 14, 2004, 5:03 a.m. EDTBank brokers had a tougher time closing sales this summer.[@@]The productivity of brokers in banks ...
September 20, 2004
BISA Reports Lower Bank Broker ProductivityNU Online News Service, Sept. 20, 2004, 4:22 p.m. EDTBank-based brokers are reporting a 21% drop in productivity for July.[@@]Brokers who work in banks ...
September 17, 2004
Debate on What Fair Value Should Mean According to GAAPNEW YORK (HedgeWorld.com)-In a letter to the Financial Accounting Standards Board, hedge fund industry veteran Leon M. Metzger argues that the fair value of an asset is best defined as the estimated exit price for the specific entity that is holding that position. He highlights differences in prices obtained by...
September 17, 2004
Pirate Capital Demands Phillips Leave Helm at CornellNORWALK, Conn. (HedgeWorld.com)-Pirate Capital LLC believes that there is value to be unlocked in the for-profit prison administration industry but doesn't believe that the existing board of directors of Cornell Companies Inc., Houston, is up to the job. Cornell held its annual meeting in June, re-electing its board of directors...
September 15, 2004
Employee Benefits Brokers Lead Other Channels In Worksite SalesEmployee Benefits Brokers Lead Other Channels In Worksite SalesByThe nature of the worksite landscape is changing. Historically, career agents and brokers specializing in voluntary or ...
September 02, 2004
2Q VA Sales Dip Slightly To $33 BillionByAfter record-breaking first quarter new sales of $34.4 billion, variable annuity second quarter new sales fell 4% to $33 billion.Year-to-date new sales of $67.4 billion ...