Industry
SWS Gets Unsolicited Buyout Bid From Sterne Agee
More talk about M&A, this time skirting the edge of hostile territory: Sterne Agee has offered $200 million to acquire debt-heavy Dallas brokerage firm SWS Group.
CFP Board Hires Merrill Lynch Exec To Run Its Industry Outreach Program
A few eyebrows raised out there on news that the CFP Board of Standards has recruited Joseph Maugeri from Merrill Lynch as its new head of business development.
House Republicans Fire Back At What They See As An Out-Of-Control SEC
If the SEC needs $1.5 billion to pursue an expanded mandate, Mary Schapiro's Congressional opponents are now suggesting that maybe that mandate simply needs to stop expanding.
Independents Characterize UBS Libor Probe As Yet Another Black Eye For The Wirehouses
News that UBS is in trouble again -- this time for allegedly manipulating interest rates -- was all the rage among independent-minded advisors yesterday and will undoubtedly raise new questions about the big banks' ethics.
75% Of Advisors Expect Double-Digit Revenue Growth This Year, But Where Will The Clients Come From?
According to a much-touted survey from Russell Investments, 75% of all the advisors out there expect to bump up their revenue this year by 10% or more, but there are questions about how everyone can do that at once.
More Articles ...
- Wells Fargo May Yet Find A Blockbuster Acquisition Target In UBS
- Tiburon Advisors Discounts The Prospect Of Another Brokerage Firm Buying Investors Capital
- Edward Jones Distanced Itself From Rogue Advisor - But Was It Fast Enough?
- LPL Rolls Its Bank-Sold Business Onto Its Self-Clearing Platform, May Be Bidding For Investors Capital
