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Brokers this morning are finding clients more concerned about the reps’ well-being than their money or the market. At today’s opening, a Merrill Lynch rep at a branch in midtown Manhattan was calling clients and reassuring them their...
The Securities Industry Association had to evacuate its offices at 120 Broadway in lower Manhattan this morning. The organization announced it has closed the New York offices for the remainder of the week and will operate instead from its...
Brokerage firms are warning customers about potential volatility and illiquidity when the market opens on Monday. The industry is also concerned that trade reports may be delayed. “Upon its reopening, the equity markets are likely to be very...
The following information comes from today’s CNBC broadcast: Salomon Smith Barney’s Greenwich St. office will be closed. Employees at that location should call 877-404-2114. (The number was initially misreported during the broadcast.)...
CNBC will provide four hours of special programming from 4:00 p.m. to 8:00 p.m. EST on Sunday, Sept. 16, for the financial services community to communicate to industry employees, the network says. According to the Securities Industry Association ...
* Salomon Smith Barney’s Greenwhich St. office will be closed. Employees at that location should call 877-404-2114. (The number was initially misreported during the broadcast.) Employees who work from 14th Street on down should not report to...
Bloomberg is quoting Morgan Stanley CEO Phil Purcell as saying that fewer than 15 of its 3,700 employees in the World Trade Center are still missing. CBS MarketWatch puts the number at 10. An East Coast Morgan Stanley broker tells RR that John...
Merrill Lynch posted the following statement on its Web site, www.ml.com Wednesday: “Our most important priority continues to be the human toll from the tragic events of yesterday. We are extremely thankful that virtually all of our 9,000...
Morgan Stanley Chairman Philip Purcell made this statement today in regards to Tuesday’s terrorist attack at the World Trade Center: “The shocking events of this week at the World Trade Center have not posed a financial problem for...
