Leon Black could hold a stake worth $3 billion once the private equity firm sells part of itself to investors, the New York Post reported.
The new ETF tracks the Morgan Stanley Capital International Europe, Australasia and Far East index.
Fortress Investment Group today closed a pair of funds with a final total of $5 billion in third-party commitments.
The SEC approved a new accounting standard that would lower costs on Sarbanes-Oxley compliance.
FSC Securities of Atlanta was taken to task in a recent NASD arbitration panel decision.
A bill that would increase 401(k) disclosure should be put on hold, according to the American Benefits Council.
Democratic presidential candidate John Edwards wants to raise the capital gains tax from 15% to 28%.
Former hedge fund trader Mark Lenowitz pleaded guilty to profiting from inside tips allegedly leaked by a former UBS executive.
Bear Stearns Broker-Dealer Services has expanded its sales and account officer teams with four new hires.
The first bipartisan House version of the National Insurance Act of 2007 was reintroduced today.
