Bloomberg

Bloomberg
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NEWS WIREHOUSES JUN 06, 2007
Morgan Stanley cuts Discover loose

Morgan Stanley’s board of directors has approved the spin-off of Discover Financial Services.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 06, 2007
MetLife appoints SVP

MetLife Inc.'s Investors Group has promoted Elizabeth M. Forget to senior vice president, the insurer said today.

INVESTING ETFS JUN 05, 2007
WisdomTree creates real estate ETFs

WisdomTree Investments today announced the launch a new dividend-weighted exchange traded fund that invests in international real estate.

INVESTING MUTUAL FUNDS JUN 05, 2007
Mutual funds back firms on pay

Mutual funds continue to support the lion's share management-backed proposals that determine how top executives are paid, according to a new report.

NEWS WIREHOUSES JUN 05, 2007
Goldman Sachs VP joins Chicago Merc

Scot Warren was appointed managing director for equity indexes at the Chicago Mercantile Exchange, according to a statement from the exchange.

NEWS WIREHOUSES JUN 05, 2007
Top Merrill economist quits

Jesper Koll, an economist for Merrill Lynch based in Japan, has resigned from his post, published reports said.

NEWS WIREHOUSES JUN 05, 2007
Bear and Saudi execs join forces

Bear Stearns has joined with a group of Saudi Arabian executives to provide investment products that comply with Islamic law.

RETIREMENT RETIREMENT PLANNING JUN 05, 2007
401(k) record keepers launch CIKR

An association has been formed to educate and advocate about issues relevant to 401(k) independent record keepers.

NEWS RIAS JUN 05, 2007
Wealthy hold few assets in indexed funds

Wealthy investors who use registered investment advisers are only indexing 3.8% of their marketable securities.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 04, 2007
Great-West CFO explains Putnam buy

Great-West Life bought Boston-based Putnam Investments to obtain "instant recognition" in the U.S. market.