Hedge fund managers, traders and analysts are keeping a close eye on the weather — and not just to get an idea of what the weekend will be like.
More clients are interested in charitable donations while they are still alive to oversee how the money is being spent.
The new brokerage, to be called Wachovia Securities LLC, will be based in St. Louis.
AIG will trim 600 positions as one of its subsidiaries merges with 21st Century Insurance Group.
Hedge funds are about to see billions wiped out as investors take their money and run, the Financial Times reported.
