Jamie Price, who had been president of Prudential Securities private client group, has left the firm and is moving to UBS PaineWebber, where he will report to Mark Sutton, head of PaineWebbers private client group. Pru is replacing...
Regulators today announced that they have fined five brokerage firms a combined $8.25 million for failing to adhere to record-keeping requirements. The fines were levied by the SEC and self-regulatory bodies NYSE and NASD.
Sandy Weill, the chairman of Salomon Smith Barneys parent Citigroup, has informed brokers and other employees that plans to eliminate the Salomon name, a Wall Street
hallmark for nearly a century, have been postponed, according to sources.
Charles Schwab Accused of Its Own "Fraudulent" Ads.
Hoist on its own petard? Schwab ads a lie, suit says