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Third Avenue Management announced Monday that Martin Whitman, one of the company’s co-founder, has stepped down from his role as co-CIO.

Anastasia Kelly, vice chairman for Legal, Human Resources, Corporate Affairs, and Corporate Communications, and Suzanne Folsom, chief compliance and regulatory officer, have both left the company.

William Dudley wasn't the first regulator to endorse the idea of allowing banks to convert debt into equity if they need capital in a pinch, but the president of the Federal Reserve Bank of New York has gone further than any other policymaker in making the case that "contingent capital" is key to averting another banking crisis.

ING Financial Taps Ford As Chief Executive Officer

A former Merrill Lynch southeast regional managing director has been tapped to run JHS Capital Advisors, the brokerage arm of the firm founded by former GunnAllen chairman John Sykes.

Morgan Stanley has promoted Edward Keller to head of its U.S. prime brokerage business, according to an internal memo obtained by Investment Dealer's Digest.

Fidelity International has named Arne Lindman as president and CEO of its Asia Pacific operations.

ING Group announced Wednesday it hired Lynne Ford as chief executive officer of ING Financial Solutions, the company's transformed annuity and rollover business.

McNabb Succeeds Brennan as Vanguard Chairman

Fidelity Names Perold Asset Management Chief

Despite the painful headlines, government bailouts and predictions of a flood of advisors going independent, wirehouses have retained both advisors and high-net-worth assets and will continue to dominate this space, according to a new report by Cerulli Associates.

Dumas, Leeson, Doucet Join Putnam DC Team

The financial services industry has been pulling in solid profits lately, but experts say firms should be mindful about how they dole out year-end bonuses and to keep the focus on rewarding long-term performance.

Three Join Wilmington's Wealth Advisory Business

McCann Hires Merrill Vets To 'Renew' UBS Wealth

Broadmark Lands Cortez As Distribution President

The Securities and Exchange Commission has hired Norm Champ, general counsel to hedge fund Chilton Investment Co., to head up its New York examinations group.

McCann Takes Over as Chief of UBS Wealth

SEC Names Storch New Enforcement Executive

Brockgreiten in Key Client Role at Access Data Corp.