The Hartford Financial Services Group Inc. is selling Woodbury, which has 1,400 reps and advisers, as part of a wide restructuring.
In something of a surprise, a UBS analyst downgraded his outlook for the broker-dealer. Why? Marginal margins and sales of nontraded REITs.
Meg Green, who left Royal Alliance for Sterne Agee, says bosses at former parent company AIG 'didn't understand culture'.
Latest news from Behringer Harvard 'doesn't bode well for shareholders,' says due diligence expert
Some industry experts greeted the higher values of nontraded real estate investment trusts with a degree of skepticism, pointing to an overall problem in valuing REITs.