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Reuters* Rare action sought to hold directors more accountable * No admission of wrongdoing By Jonathan Stempel June 13 (Reuters) - The U.S. Securities and Exchange Commission has settled civil charges accusing eight former directors of Morgan Keegan bond...
ReutersCHICAGO (Reuters) - Money managers touted the advantages of non-agency mortgage securities and bank loans on Thursday on expectations that housing prices will accelerate and interest rates will rise. Yields on non-agency mortgages, which are mortgage...
ReutersBOSTON/NEW YORK (Reuters) - A long list of rival hedge funds is eager to tap the billions in outside money that Steven A. Cohen's SAC Capital Advisors is expected to return to investors by year-end. Large hedge-fund firms structured like SAC, where Cohen...
ReutersJune 10 (Reuters) - Bank of America Merrill Lynch scooped the top prize at the annual Thomson Reuters Extel Awards, ending UBS's 12-year winning streak, while JP Morgan was named best fund manager for the fourth consecutive year. The following table...
ReutersTORONTO, May 31 (Reuters) - The Ontario Securities Commission said its biggest targeted sweep of portfolio managers and exempt market dealers found that many did not abide by rules meant to protect investors. Exempt market dealers are authorized to...
Old Point National Bank in Hampton Roads recently named two new senior portfolio managers and corporate banking officers: - Emilie Wisniewski most recently held the position of commercial administrative officer at Suffolk-based TowneBank. Wisniewski has...
Tags: Hampton Roads, TowneBank
ReutersBy Chuck Mikolajczak NEW YORK, May 30 (Reuters) - As the S&P 500 stormed to a gain of more than 16 percent for the first five months of the year, the run was fueled by investors searching for yield. With central banks driving interest rates lower,...
Reuters* Products behind 2008 crisis back in fashion * Low bond returns encourage risk-taking through derivatives * Investors exposed to rise in volatility when rates are hiked * Also exposed to counterparty risk on OTC trades * Clearing houses could be...
ReutersMay 28 (Reuters) - Bank of America Corp's Merrill Lynch has hired a veteran financial adviser from Credit Suisse to join its private wealth management office in Midtown Manhattan. Adviser Vishal Bakshi, who had been with Credit Suisse for more than a...
Reuters* C.bank considering allowing individuals to invest more overseas * Existing programme allowing overseas investment unpopular * Chinese investors in foreign stocks still scarred by financial crisis * General dissatisfaction with equities a major...
T. Rowe Price has a reputation as a place where portfolio managers can spend their entire careers. But over 12 weeks this year, three fund managers left the Baltimore-based investment company or announced plans to do so. Two left suddenly, with a star...
South Bend TribuneSOUTH BEND -- The St. Joseph County Board of Finance members met today to vote on how to invest the county's savings, which averages between $100 million and $110 million. County Treasurer Mike Kruk said the adopted resolution brings county policy in...
Jun 13, 2013 |Story| Reuters
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May 31, 2013 |Story| Reuters
May 31, 2013 |Story| Daily Press
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May 27, 2013 |Story| Baltimore Sun
May 21, 2013 |Story| South Bend Tribune
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