Merrill invests in Sterling Stamos
Money manager for the affluent to remain an independent firm
- By: James Langton
- May 24, 2007 May 24, 2007
- 10:10
Money manager for the affluent to remain an independent firm
Strong quarter for Canadian banking and wealth management
But firm cancels announced 3-1 forward split; speculative buy rating reiterated
China will also allow foreign securities firms to expand their operations in China to include brokerage, proprietary trading and fund management
New entity will offer financial advisory services throughout South America
But combined results don’t include any revenue or cost-saving synergies that may be achievable subsequent to the completion of the merger
Clients of UBS, Bernstein will have maximum level of liquidity and quality execution for clients with this deal
Firm’s DVD communicates corporate philosophy on investment management to advisors
The three brokers are anticipated to generate $140 million in additional mortgage origination
Effective fraud detection and investigative capability needed
Commodities trading losses lower what would otherwise have been good second quarter results
Ubiquity assets will be combined with Bank West subsidiary
Pair will jointly chair Citi Markets & Banking planning group
Sophisticated matching system designed to help companies identify and recruit board members
New York firm has extensive expertise in leveraged finance marketplace
Council of leading insurers to guide software firm in its strategic product direction
Dealer expands presence in New Jersey, Pennsylvania and Florida
Loss can be absorbed by the bank's core earnings, Moody’s says
Concerns are centered on breakdown of formal enterprise risk management controls, S&P says
Infrastructure investment offers stable and attractive long-term returns
Q4 profit slips
Customers now have access to comprehensive protection
Canadian tax departments are under the most pressure of the 18 countries surveyed, except Hong Kong
Deal worth $50 million in mortgage origination
Bank to restate first quarter earnings