Industry
Wells Fargo May Yet Find A Blockbuster Acquisition Target In UBS
Rumor has it acquisition-hungry Wells Fargo is resurrecting the merger talks with UBS that Wachovia started two years ago.
Tiburon Advisors Discounts The Prospect Of Another Brokerage Firm Buying Investors Capital
While there is plenty of speculation out there about possible suitors for 570-rep IBD Investors Capital, industry consultants note that so far the process hasn't moved like a normal broker merger.
Edward Jones Distanced Itself From Rogue Advisor - But Was It Fast Enough?
Edward Jones moved fast to pay restitution and penalties to settle a one-time Montana rep's apparent theft from client accounts, but it remains to be seen whether the squeaky-clean firm will have to change its recruiting practices.
LPL Rolls Its Bank-Sold Business Onto Its Self-Clearing Platform, May Be Bidding For Investors Capital
LPL is folding its UVEST banking investment sales unit into its self-clearing platform, finally giving the firm's bank and credit union affiliates access to its clearing capabilities but putting the long-term future of UVEST in question.
UBS, Citi Balk At Madoff Trustee's Attempts To Expose "Innocent Bystanders"
The stink of anything Madoff-related has gotten at least two of the banks that set up "feeder funds" for him to challenge a court order to protect their employees from reprisals.
More Articles ...
- Wells Fargo May Want A Big Brokerage Buy Of Its Own...Or Just Insurance
- Mary Schapiro Pleads The SEC's Case For More Money, But Does The Independent Audit Help Or Hurt Her?
- Securities Lawyer's Frustration Over SEC Pornography Scandal Hits FOIA Brick Wall
- Bankers Making An End Run On Ownership Of The "Fiduciary" Designation And Brand
