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NEWS INDUSTRY NEWS OCT 18, 2007
Americans feeling fiscally fit, survey says

Despite careening markets, Americans felt more confident about their financial security.

NEWS INDUSTRY NEWS OCT 17, 2007
Lehman gives $10 million to Spelman

Lehman has pledged $10 million to Spelman College to prepare black women for careers in the financial sector.

INVESTING ETFS OCT 17, 2007
New ETF follows MarketGrader indexes

SPA ETFs, an affiliate of London & Capital, today launched its first U.S. equities-focused ETF on the American Stock Exchange.

NEWS INDUSTRY NEWS OCT 16, 2007
Capital flows fell $163 billion in August

The figure includes the change in banks' dollar-denominated liabilities, which comprised most of the loss.

NEWS WIREHOUSES OCT 16, 2007
Merrill appoints Boston wealth chief

Cory Little will head the private banking and investment unit in Boston's global wealth management group.

NEWS INDUSTRY NEWS OCT 16, 2007
LPL names head of affiliated B-Ds

LPL has plucked Derek Bruton from a custodian that caters to RIAs to oversee its network of affiliated B-Ds.

YOUR PRACTICE FINTECH OCT 16, 2007
BATS available via SFTI

A subsidiary of NYSE Euronext announced that connectivity to the BATS market center is available via the Secure Financial Transaction Infrastructure.

NEWS WIREHOUSES OCT 16, 2007
CFO's job not in peril, says Merrill

Merrill Lynch is stoutly denying that its finance chief, Jeffrey Edwards, will get the boot.

NEWS INDUSTRY NEWS OCT 16, 2007
'Full recovery' a ways off, says Bernanke

Market uncertainty remains unusually high as a result of subprime-mortgage turmoil, the Fed chief said last night.

INVESTING ALTERNATIVES OCT 16, 2007
Hedge funds revive in third quarter

Hedge funds pulled out of this summer’s market havoc, recording average returns of 2.44% for the third quarter, according to Morningstar Inc.