Posted by admin on May 15th, 2008
Brewin Dolphin is the only UK investment management firm to have its investment banking division headquarters outside London. Francesca Craggs speaks to Graeme Summers, who heads the Newcastle-based operation.
THINK investment banking and the City of London or Wall Street probably springs to mind. Not many people may know the North East can boast its very [...]
Posted by admin on March 30th, 2008
NEW YORK (Fortune) — Meredith Whitney, the Oppenheimer analyst who has become the Jeremiah of the financial crisis, says there is a way out of the wilderness for banks like Citigroup. But like many of her pronouncements over the last five months, it’s grim.The best-case scenario is that financial firms take the pain quickly [...]
Posted by admin on March 19th, 2008
The FINANCIAL — Merrill Lynch (NYSE: MER)Â on March 17Â announced the development of new Local Debt Market Indices, which are designed to track the performance of emerging market sovereign debt denominated in the issuers local currency. The series includes three new indices:
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The Merrill Lynch Local Debt Markets Plus Index (ticker [...]
Posted by admin on March 6th, 2008
Enron’s demise wiped out thousands of jobs, more than $60 billion in market value and more than $2 billion in pension plans at what had been the seventh-largest company in the country.
The Supreme Court’s refusal to hear the Enron appeal was anticipated following last week’s ruling in another securities-fraud case in which [...]
Posted by admin on January 14th, 2008
While Magellan has enjoyed recent strong returns, its size has dwindled from its peak of $102 billion in 2000 because of the 1997 closure, intended to protect existing investors by preventing the fund from becoming too big and unwieldy to manage.
In recent years, Magellan’s investors have crept closer toretirement, when many redeem investments to pay [...]
Posted by admin on December 31st, 2007
Coverage of US-Traded Chinese Stocks, Including Exclusive Earnings Call Transcripts, Add to Growing Archive of Free Investment Resources
New York, NY (PRWEB) February 14, 2007 — Seeking Alpha, the leading provider of stock market opinion and analysis, announced today comprehensive transcript coverage of the major Chinese companies traded on US stock exchanges.
%26quot;As US investors show increasing [...]
Posted by admin on December 26th, 2007
Fidelity Investments blazed a path to the top of the mutual fund industry with inventive ways to enrich the average investor. Now it%26#39;s in the midst of building a similar franchise for institutional and high net-worth clients — only this time it%26#39;s playing catch-up.
The Boston company is wasting little time in getting up [...]
Posted by admin on December 26th, 2007
Fidelity Investments announced Monday that Stephen Jonas, the head of its investment management division since early 2005, will retire Jan. 31.
Jonas cited his desire to %26quot;work on a variety of other activities and spend more time with%26quot; his family for his departure. The news was apparently of little surprise to Fidelity%26#39;s top brass, [...]
Posted by admin on October 20th, 2007
A Portfolio Manager trying to make a tough investment decision is as likely to walk down the hall for help as to ring up a marquee Wall Street analyst fidelity investment. fidelity investment all but the very largest and most sophisticated buy-side firms relied on investment research churned out by Wall Street investment banks ranging [...]