In the past two years, Wall Street's leading firms have invested tens of millions of dollars in electronic communications networks - those new electronic stock markets that some believe pose a real threat to the Nasdaq Stock Market and the New York Stock Exchange.
Prudential Securities Inc.'s acquisition of a West Coast investment banking boutique had all the makings of a perfect marriage.
Members of the American Stock Exchange are considering a lawsuit that could derail the National Association of Securities Dealers' plan to spin off the Nasdaq Stock Market.
As a youngster, Marc Gabelli never spent a lot of time talking stocks with his famous father, mutual fund manager Mario Gabelli. But that's not to say he didn't learn a thing or two from Dad about managing money.
The sexual harassment lawsuit saga at Salomon Smith Barney Inc. is about to take a bizarre twist.
Last March, Joseph Park got the kind of phone call most entrepreneurs only dream about.
The E*Trades of the world may insist that someday we'll all invest on-line, but Jordan S. Berlin doesn't buy it.
When E*Offering - the investment banking affiliate of on-line broker E*Trade Group Inc. - set up shop last January, many observers thought the firm posed a serious threat to Wall Street's lucrative initial public offering business.
Purchasing a U.S. investment bank is far from a sure thing for offshore banks.
