News

Stomachs are surely turning at the wirehouse brokerage firms this morning.

Goldman Sachs would like you to know it is not immune to mistakes.

Morgan Earnings Stink, But Retail Brokerage Bright Spot

Quoting the theme song from M*A*S*H and faking your own death doesn't get you out of a 20-year jail sentence. Someone should probably let hedge fund manager Sam Israel III know.

On Wednesday, an SEC judge ordered NEXT Financial Group to pay a $125,000 penalty and prohibited the independent b/d from using recruiting tactics that violate client privacy laws.

Marilyn Monroe died in 1962 but only recently lost control of her likeness; James Brown just died in 2006 but may already lose control of his.

RIA Database, a financial services software firm, announced today the end of a yearlong legal battle with the company’s chief rival, Discovery Database (Discovery), operated by The Financial Information Group (TFIG). Under the terms of the...

It’s earnings season, and with Lehman, Goldman Sachs and Morgan Stanley kicking it off this week, many investors will be asking themselves: Is the financial crisis over? (Or, at least, is it winding down?) The smart money at the sovereign...

Gold Diggers and Sugar Daddys joined forces Thursday at New York City’s Taj nightclub to raise money for charity—and make-out! Nothing says “selfless” like paying $5 to sell oneself at a weekday party that starts at 5:30 in...

If you’re a Merrill FA, Thain loves you—and he wants you to know about it, too.