The confusing slew of regulations that have followed on the heels of the Sarbanes-Oxley Act has tapped a strange feeling in brokers: the fear of violating securities rules unwittingly. A recent investigation by the NASD shows their worries are not...
Prudential Securities and Wachovia Securities are very close to an agreement to join forces, one that was scuttled earlier in the year, reportedly due to differences in who would control the unit.
Brokers at UBS PaineWebber received a double hit of bad news this week in this tough time for brokerages. Not only were they informed that the bonuses they receive for assets under control were being cut, but expense accounts are being trimmed as...
Merrill Lynch President Stan O’Neal spoke at his firm’s financial services conference today in New York about the erosion of investor confidence and restoring investor trust. But the buzz was all about a report in a German newspaper...
Who are America's top brokers? Here they are—the top players with the billion dollar books, the top sales prizes from their employers, the best of everything.
Brokers, listen up. Investors will give you more trades if you give them better online investing tools, according to a new report from Internet research firm Gomez. Online information stimulates interaction between brokers and their clients, the...