Investment Service News
Investment Services news continually updated from thousands of sources around the net.
49 min ago | The Economist
IN AMERICA, a price war is threatened. In Europe, combatants in a bloody conflict hope for peace.
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5 hrs ago | Engadget Mobile
Softbank CEO Masayoshi Son has been on a mission to purchase T-Mobile and merge it with the Now Network .
9 hrs ago | MarketWatch
Mitch Tuchman brings the low cost, scientific investment approach used by elite pensions and endowments to everyday retirement investors through two services.
13 hrs ago | Ananova
The owners of Saga, the financial services giant, are lining up Goldman Sachs to lead a bumper 3bn flotation that will involve one of London's largest retail share offerings for years.
Art auctions sales were up 13% on the year to $12 billion in 2013. But even as investors are turning toward alternative assets, advisors are telling clients to rethink art purchases for their portfolio, reports Murray Coleman at the WSJ.
Jefferies LLC, an investment bank and mortgage broker-dealer with offices in Stamford, has agreed to pay $25 million to settle civil damages after fraudulent schemes were launched in its Stamford offices.
Federal prosecutors say a New York-based investment bank and broker-dealer has agreed to pay $25 million in penalties for misleading customers trading in residential mortgage-backed securities.
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The average bonus per employee in New York City's financial services industry grew by 15% to over $164,000 last year, according to a report from New York State Comptroller Thomas DiNapoli released Wednesday.
A U.S. judge on Wednesday ordered former Goldman Sachs Group Inc trader Fabrice Tourre to pay more than $825,000 after a jury found him liable for defrauding investors in a complex investment product linked to subprime mortgages.
Warren Buffett's company says it has agreed to acquire a Miami-based TV station from Graham Holdings Co.
The Wall Street Journal's Daily Report on Global Central Banks for Tuesday, March 11 Sign up for the newsletter: http://on.wsj.com/grandcentralsignup .
Bank of America Corp on Tuesday named Rodrigo Xavier as the top executive for its wholesale and investment banking unit in Brazil, where the second-largest U.S. lender has enjoyed fast growth in recent years.
The chief executive of Japan's SoftBank Corp on Tuesday called the U.S. wireless market an oligopoly plagued by slow speeds and high prices and said his company's Sprint Corp could shake up the competition, but it would require a scale that Sprint cannot reach alone.
SoftBank Corp. announced today that Bruce Gottlieb will join SoftBank Inc, its U.S. subsidiary, as Executive Vice President for Legal and Regulatory Affairs.
Sprint's parent company wants to buy T-Mobile. But U.S. regulators fought hard to keep T-Mobile independent in the past and likely will do the same in the future.
Sacramento's eminent domain lawsuit against the owners of a former Macy's department store downtown will be tried in the city.