Investors Capital Holdings posted a record $80 million in revenue the fiscal year ended March 31, for an increase of 17.72% over the 2006 fiscal year.
An Italian judge has ordered Bank of America to stand trial in connection with the 2003 collapse of Italian dairy company Parmalat SpA.
UBS picked deputy group CEO Marcel Rohner to helm the company, replacing Peter A. Wuffli.
Braddock Financial will liquidate its $300 million hedge fund due to investor fears of subprime mortgage exposure.
The FBI is analyzing death threats against Goldman Sachs, according to published reports.
Baring Asset Management announced that Marino Valensise will assume the role of chief investment officer by the year's end.
A specialty insurer said that two of its employees received Wells notices from the SEC's division of enforcement.
Wedbush Morgan may land 100-plus reps from Brookstreet now that the son's founder has signed on with the firm.
