Some of this year's biggest hedge fund winners were last year's worst performers: High Bridge Capital Management, a JPMorgan Chase affiliate, is up about 10 percent this year after losses of 14 percent in 2007...
Expensive Bear Suit: Beverly Hills billionaire H. Roger Wang is suing Bear Stearns for allegedly duping him and his wife into buying 150,000 shares of Bear stock in the weeks before its collapse. The total purchase...
California sure lives up to its name as the Golden State: It hogs the list of U.S. counties with the most millionaire households, taking four of the top 10 slots, according to market research house TNS. Topping that...
Keeping up appearances can be expensive, even for the rich. So why empty your pockets to buy that luxury item if you only need it long enough to make an impression or give your image a boost? According to a survey of...
When it Began, the credit crisis had little to do with retail brokerage. After all, the fixed income departments were the ones who made the bad mortgage bets that have since unraveled, resulting in a pileup of more...
A former UBS private banker, Bradley Birkenfield, charged with helping U.S. clients evade millions in taxes is going to plead guilty in court next month, reports The Times Online, the web edition of the fabled London...
Regardless of where you work, or what kind of practice you have, the last nine or 10 months have probably been tough on you and your clients. Of course, some firms have fared better than others, so what better time...
Diamonds Aren't Forever The SEC charged 11 people, and three companies, for allegedly conspiring to illegally issue and sell unregistered stock in a diamond and gold company raking in $64 million for themselves from...
