A black social worker is suing Columbia University and Citibank for allegedly colluding to charge him and his peers exorbitant interest rates on their student loans.
Lenny Dykstra, aka “Nails” to his teammates on the 1986 World Series Champion New York Mets, wants professional athletes to invest with him, according to a story in the New York Post.
According to a recently published study, Americans worth $10 million or more will spend 67 percent more this year on gifts, including jewelry, fashion and travel
UBS announced yesterday it would take an additional $10-billion write-down related to sub-prime loan investments this quarter. But it also announced it has received $11.5 billion in capital
One would think a client's collection of 50 cars, let alone 50 Corvettes, would be hard for a team of financial advisors and estate planners to ignore.
Wachovia/A.G. Edwards at a Glance Total client assets: $816 billion/$522 billion Number of advisors: 8,100/6,666 Average annualized revenue per advisor: $702,000/$492,000 Pretax profit margin: 23% / 17% Surviving...
The third quarter was tough on all of the major brokerage firms as bets on mortgage derivatives came home to roost. According to an October 26 story in The New York Times, it got so hot at Merrill before the third...
Internet Securities Bust: Gerald Milligan and Andrew Mariani, of Wellington, Fla., were jointly charged by the FBI, a Florida district attorney and others, with conspiracy to commit wire fraud. Milligan ran an...
UBS at a Glance: Total client assets (Capital Management Group): $858 billion Number of advisors: 8,175 Average annualized revenue per advisor: $751,000 Pretax profit margin: 11% Mascot: Three keys (for trust...
Past estimates of out-of-pocket costs related to caring for an aging or ailing parent or spouse underestimate reality, according to a study released today
