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Wachovia Bank NA, currently Wells Fargo & Co., has reached a tentative settlement of a class action suit with municipal issuers over antitrust charges of bid-rigging for municipal investment, derivatives and other contracts.
November 8 -
BOSTON—“The greatest stimulus package in the world is certainty. For the past two years we have not had certainty,” Bob Reynolds, president and chief executive of Putnam Investments told the Fund Forum USA’s Global Fund Distribution Summit here Tuesday.
November 8 -
The ongoing decline of both public and private pension plans has afforded life insurers space to offer products that guarantee a person an income stream for life.
November 8 -
Nasdaq OMX Group and a unit of Canadas TMX Group said they are developing a family of capital markets indices based on U.S. Treasury instruments that will be rebalanced daily, instead of monthly.
November 8 -
Commodity Futures Trading Commission chairman Gary Gensler said Monday he recused himself from the regulator’s probe of the failure of derivatives player MF Global, because “I didn't want my participation to in any way be a distraction.''
November 7 -
Commodity Futures Trading Commission chairman Gary Gensler said Monday he recused himself from the regulators probe of the failure of derivatives player MF Global, because I didn't want my participation to in any way be a distraction.''
November 7 -
Krawcheck calls for more diverse perspectives -- not necessarily based on gender or race -- and talks about the importance of appealing to younger investors put off by the struggling economy and Wall Street scandals.
November 7
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The whipsaw of stock prices this year is not due to faulty functioning of markets, say exchange operators. Tinkering with market data or other parts of a "highly tuned engine" must be carried out carefully, as a result, said Goldman Sachs' head of U.S. equities trading.
November 7 -
"A Random Walk Down Wall Street," written by Princeton economist Burton Malkiel, was first published in 1973.
November 7 -
The owners of the Standard & Poors Indices and the Dow Jones Indices said they will create a joint venture in index services.
November 7
