Welcome Morgan Stanley Smith Barney. Boy, that is a mouth full. Today, the deal merging Citi’s brokerage (Smith Barney) with Morgan Stanley’s Global Wealth Management Group is closed—ahead of schedule. (It was set to close in the...
As Wells Fargo begins its summer-long re-branding of Wachovia and A.G. Edwards, some financial advisors at what is now the largest retail brokerage firm in the U.S. 16,000 FAs say the integration of Wachovia and A.G. Edwards is still incomplete...
UBS hired Ananias (Andy) Blocker as a managing director in its US Office of Public Policy. Blocker is based in Washington, DC and will represent UBS on banking, securities and other financial services issues in Washington. Dennis Klaeser joined...
Mind the Stairwell at Merrill Lynch: A year and a half after a Merrill Lynch trader, upset by a reduction in his bonus, defecated on the floor of a trading area bathroom and proceeded to track it around the office, a similar incident has taken...
In recent years, plenty of investors poured into emerging market stock funds. The new shareholders hoped to profit from the boom in developing countries, such as China and Brazil. But their high hopes were dashed by the credit crisis. During the...
In Registered Rep.'s May cover story, titled Are You Worth It? the sponsor of the Registered Rep. compensation study cited on p.48 was incorrectly identified as Cambridge Associates. The sponsor of the study was Cambridge Investment Research...
What can your fingers tell you? Apparently, a lot. According to a study co-authored by John M. Coates and published in January in a scientific journal called PNAS, the larger the ratio of the length of your index finger to the length of your ring...
