If you thought $700 billion was a lot, you might want to reconsider. That was the total loaned to the country's biggest banks at the end of George W. Bush's presidency in a bailout package called the Troubled Asset Relief Program, or TARP. Appar...
Sergio Ermotti, who became interim CEO of UBS on Sept. 24 when Oswald Grubel stepped down, will take up the position permanently, the firm announced Tuesday...
If you want to offer financial advice to this nation's wealthiest families, that top 1% targeted by the Occupy Wall Street protestors, there are a few zipcodes you might want to check out. A lot of them are in Manhattan. The one with the largest...
A Bloomberg story from today says that the $2.3 billion trading loss recently sustained by UBS' investment bank could boost the standing of the wealth management division inside UBS. The Swiss institution may have to spin off its investment bank...
Today's and yesterday's Opinion columns on Registered Rep.'s website showcase countervailing arguments about the value of asset-based fees from Andrew J. Haigney and Joshua M. Brown. Read them both and let us know what you think! ...
Lehman Brothers, Anna Nicole Smith and goat poo are three things you probably never thought would go together, and yet...in a manner of speaking, they do. As part of the Lehman bankruptcy case, J.P. Morgan and what is left of Lehman are in a court...
Expect more rules on social media use from the Massachusetts Securities Division. The regulator said it plans to issue regulatory guidance on the use of social media for business purposes by investment advisory firms after surveying them about it...
