HBO is coming to Wall Street. Well, not really, but the network has signed on a new comedy series about a 40-something hedge fund manager and his Wall Street pals. The creators of the show, who also developed HBO's Entourage series, say they got...
Structured products are flying off the shelves of U.S. brokerage firms, even if many reps and retail investors aren't sure how they work. The term generally refers to a financial instrument whose underlying asset comes with a downside-protection...
Morgan Stanley shareholders who are still reeling from the $52 million exit package given to former president and CEO Philip Purcell will be happy (OK, less angry?) to know he's giving a lot of it away. Purcell's most recent gift, $12.5 million to...
Sure, automatic asset-allocation 529 plans are convenient. But you'd better be careful: One state's "conservative" allocation is another state's "aggressive" allocation
Less than 10 years after they settled the infamous boom-boom room case, Smith Barney is being sued for discrimination again. The new case, Fassbender Amochaev v. Citigroup Global Markets, Inc., d/b/a Smith Barney, was filed in United States...
Another assault on deferred compensation fails. After going two for three in a unique tug of war involving both the arbitration and court systems, former Smith Barney broker James McCarthy is likely throwing in the towel in his three-year fight...
