Morgan Stanley Foils Tax Fraud Scheme Against NBA Owner

New Page 1 Contact: Kimberly Duty, (202) 974-2333, kduty@nmhc.org FOR IMMEDIATE RELEASE www.nmhc.org March 15, 2002 ANNUAL NMHC RANKING OF TOP APARTMENT FIRMS SHOWS CONSOLIDATION CONTINUES DESPITE DOWNTURN WASHINGTON, DC -- Despite the challenging...

Brokers Serving as Branch Managers Under NYSE Microscope

Wall Street research departments are busily selling a late-year recovery story.

RBC Dain Rauscher Completes Merger With Sutro

Mirroring its focus on high net worth investors in the U.S., Merrill Lynch has decided to concentrate on wealthy individuals in Japan.

Several former Salomon Smith Barney brokers seeking the authorization to start a national class action suit against the firm’s Capital Accumulation Plan (CAP) had their request rejected by a federal judge.

New Page 1 Contact: Kimberly Duty, (202) 974-2333, kduty@nmhc.org FOR IMMEDIATE RELEASE www.nmhc.org March 15, 2002 ANNUAL NMHC RANKING OF TOP APARTMENT FIRMS SHOWS CONSOLIDATION CONTINUES DESPITE DOWNTURN WASHINGTON, DC -- Despite the challenging...

Morgan Stanley has begun charging clients for basic brokerage services that were previously free, according to brokers from the firm. The firm also raised fees on basic brokerage services, according to the reps. The change in company philosophy is...

For the first time in its 115-year history, A.G. Edwards is cutting its workforce, but the St. Louis-based company says its broker force of around 7,300 will not be included in the reduction. The firm says it will slash 400 jobs, or 2.35 percent...