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LPL again tops Financial Planning's annual ranking of the biggest B-Ds by revenue. But what other companies made the list?
June 14 -
Fixnetix said it had developed a microchip that achieves "wire-to-wire" execution of trading instructions in less than one microsecond.
June 14 -
Executing a trade isnt easy. Broker-dealers have to figure out where to trade, when to trade and how much to trade in a way that will minimize their total costs.
June 14 -
JPMorgan Chase & Co. CEO Jamie Dimon's scolding of Federal Reserve Chairman Ben Bernanke had broad support among bankers reeling from a re-defeat on the Durbin amendment and renewed anxieties about the Consumer Financial Protection Bureau. With "300 rules coming," as Dimon lamented, there are plenty of things for bankers to hate.
June 14 -
HSBC Holdings PLC will exit the U.S. credit card business whether it finds a buyer for its $33 billion card portfolio here or not.
June 14 -
Bankers lost the Senate fight over interchange fees, but they are hoping the vote will help convince the Federal Reserve Board to raise its proposed 12-cent cap.
June 14 -
Wealth management firm Curian Capital this week announced plans to add eight new territories and 16 sales professionals to serve clients in New England, Oregon, Idaho, East Texas, New Jersey, the Middle Atlantic and the northern plains states.
June 13 -
The new hires come as Morgan Stanley Smith Barney continues to trim low-producing financial advisors from its force.
June 13 -
With Fitch Rating's admonishment last week it would put U.S. debt on watch for a downgrade in early August, all three of the major rating agencies now have issued unprecedented warnings about the U.S. debt crisis, putting the countrys AAA credit rating in danger. But so far, Treasury investors have reacted with a collective yawn.
June 13 -
As investors become more worried about the U.S. economy, they seem to be pouring more money into bond funds and international equity funds and less money into domestic equity funds and ETFs, according to Strategic Insight, a business intelligence provider to the worldwide fund industry.
June 13




