Turnkey Asset Management
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Black Rock in $13.5 Billion for Barclays Global
By James J. GreenBlackRock Inc. announced June 11 that it will acquire Barclays Global Investors for $6.6 billion in cash and 37.8 million shares of BlackRock common stock...
June 15, 2009
BlackRock to Acquire Barclays Global for $13.5 BillionDeal will create firm with $2.7 trillion in AUM
June 01, 2009
Edward Jones Revamps Transition PackageTo help grow its advisor force this year, Edward Jones has developed an enhanced transition package for current successful financial advisors who join the firm....
June 01, 2009
Morgan Stanley Moving Ahead With Smith Barney VentureMorgan Stanley says it is on track to raise some $8 billion via recent equity and debt offerings, including the exercise of the over-allotment option,...
May 15, 2009
UBS Outlines Reorganization; Releases Q1'09 ResultsBrokerage firm is sharpening its focus on high-net-worth clients as its growth strategy.
May 01, 2009
Stifel Nicolaus Buys Part of UBSSt. Louis-based Stifel, Nicolaus & company says it has reached a deal with UBS Financial Services to acquire up to 55 branches and 320 financial...
April 22, 2009
Morgan Stanley FAs Boost Sales in Q109Its reps now have annualized revenue of about $630,000, which is close to 20 percent drop for the previous year's $772,000 but above the $603,000 of the quarter ended December 31, 2008.
April 16, 2009
Editor's Choice for April 16What matters more--the risk model itself or the decisions that result from findings of the risk modeling? ... Should short sales have been banned last fall?