Remember the Minotaur of Greek mythology? The competition for retail investors is spawning a similar hybrid on Wall Street, as Merrill Lynch, the retail giant, and Charles Schwab, the onetime discount pioneer, move...
By all accounts, axes will continue to fall in 2002 as Wall Street firms try to shore up their tattered bottom lines. According to the SIA, Wall Street shed around 26,000 jobs last year and could chop another 20,000...