The independent broker/dealer channel is still fighting a decades-old battle. In Chicago this morning, the fourth annual SIFMA Independent Firms Conference opened with remarks from industry executives whose speeches seemed to underline a familiar...

JPMorgan Chase CEO Jamie Dimon said Tuesday that approximately 55 percent of Bear employees will be out of a job once JPMorgan Chase completes its acquisition in the coming weeks, Reuters reports.

Fellow practitioners—please direct your attention to a well-written and thought-provoking article providing client-saving advice on a topic that may not be uppermost in your minds when working on estate plans and tax returns: privilege.

We hate to get too political here, but the Senate deal to “save” struggling homeowners by refinancing up to $300 billion in loans seems quite unfair to taxpayers and, I would daresay, equity investors or speculators of any kind. Sure...

JPMorgan Chase CEO Jamie Dimon has personally embarked on a letter-writing campaign, The Financial Times reported this morning, to find employment for the “5,000-plus Bear employees who will not have a job after the takeover closes next...

Starting this summer, Merrill Lynch will be encouraging analysts to call more stocks dogs.

Pandit's meeting with analysts and advisors on Friday proved disappointing for those hoping that Citigroup's integrated banking model would be getting the boot. Shareholders and analysts have been whining about the need for a breakup for months...

Well, it seems that the little guy may be forced to reach into his pocket once again. It doesn't look like Ground Zero is going to be rebuilt by the deadlines set back in 2005, which means that taxpayers are going to be forced to pay for $321...

Thursday was no fun for G. Kennedy Thompson, as the board decided it was time for him to step down as chairman at Wachovia. However, he hasn't been voted off the island just yet.

Despite calls by numerous shareholders to break up Citigroup and spin off poorly performing businesses, it looks like CEO Vikram Pandit will be taking his cues from Al Green today: Let’s stay together. As reported by the New York Post...