Despite careening markets, Americans felt more confident about their financial security.
Lehman has pledged $10 million to Spelman College to prepare black women for careers in the financial sector.
SPA ETFs, an affiliate of London & Capital, today launched its first U.S. equities-focused ETF on the American Stock Exchange.
The figure includes the change in banks' dollar-denominated liabilities, which comprised most of the loss.
Cory Little will head the private banking and investment unit in Boston's global wealth management group.
LPL has plucked Derek Bruton from a custodian that caters to RIAs to oversee its network of affiliated B-Ds.
A subsidiary of NYSE Euronext announced that connectivity to the BATS market center is available via the Secure Financial Transaction Infrastructure.
Merrill Lynch is stoutly denying that its finance chief, Jeffrey Edwards, will get the boot.
Market uncertainty remains unusually high as a result of subprime-mortgage turmoil, the Fed chief said last night.
Hedge funds pulled out of this summer’s market havoc, recording average returns of 2.44% for the third quarter, according to Morningstar Inc.