John Thain, former CEO of Merrill Lynch, who commandeered the brokerage firm’s sale to Bank of America and then was axed by BofA CEO Ken Lewis in January, resurfaced to redeem his reputation. According to today’s NY Post, in Thain&...
Bob McCann, chief executive of UBS’ Wealth Management Americas, set out some ambitious targets today for the brokerage’s unit—including turning around client asset flows and boosting capital. He also reiterated his profitability...
Asian stocks have soared this year. Now the average Asian fund sells for a price-earnings multiple of 13, compared to a figure of 10 for European funds, according to Morningstar. Are the highflyers due to crash? Perhaps. But the booming markets of...
Please join me, David Geracioti, editor of Registered Rep. magazine, for a webinar with Barry Ritholtz, the well-known market commentator and editor of The Big Picture. We will discuss his thoughts on the economy and markets and what he thinks...