Despite global market conditions that lowered asset-based fees and transaction-based income, UBS Wealth Management Americas ended 2011 on firmer footing, earning $573 million for the year on revenues of $5.96 billion. Last year, the unit of Swiss...
In December, Cole Real Estate Investments launched its latest investment offering: the Cole Real Estate Income Strategy (Daily NAV) Inc. What makes this non-listed REIT different from other offerings is the lengths Cole has gone to create greater...
Just two days after the close of iTD Ameritrade Institutional’s annual gabfest, Tom Bradley, the president of the institutional unit, was named head of TD Ameritrade Holdings’ (Ticker: AMTD) retail distribution unit. Succeeding him will be Tom...
For Morgan Stanley, doling out IPO shares to clients was a discreet but formulaic business. But with the integration of Smith Barney and an iconoclastic Facebook founder calling the shots, this time may be different.
IRS issues new proposed regulations regarding alternate valuation date The Internal Revenue Service has published new proposed Treasury regulations under Internal Revenue Code Section 2032 (REG-112196-07, 76 Fed. Reg. 71491 (Nov. 18, 2011)). Under...
