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By Melanie Waddell, AdvisorOne |
May 22, 2012
FINRA announced Tuesday that it has fined Citigroup Global Markets $3.5 million for providing inaccurate mortgage performance information, supervisory failures and other violations related to mortgage-backed securities.
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By Janet Levaux, AdvisorOne |
May 16, 2012
The wirehouses, top IBDs and associated players serving advisors had their earnings fall as much as 718% and improve up to 13% in Q1âAdvisorOne selected 10 to spotlight.
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By Joyce Hanson, AdvisorOne |
May 15, 2012
Investment Advisor magazineâs IA 25 honoree, HighTower Advisors CEO Elliot Weissbluth, celebrated his selection on CNBCâs âSquawk on the Streetâ program.
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By Marlene Y. Satter, AdvisorOne |
May 11, 2012
CEO Jamie Dimon said that the office suffered an âegregiousâ failure and that losses from volatile synthetic credit securities could mount by another $1 billion in this quarter or the third.
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By Marlene Y. Satter |
May 9, 2012
This week in new hires, Atlanta Capital Group welcomed David McInnis and Richart Artzi; Jennifer Mitchell joined Tiedemann Wealth Management; and Wally Head went to Gresham.
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By Marlene Y. Satter, AdvisorOne |
May 8, 2012
Successful votes against austerity from Greece to France have pushed officials to consider other ways to cope with the debt crisis in the euro zone.
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By Janet Levaux, AdvisorOne |
April 25, 2012
The movement of financial advisors out of the wirehouses has continued in early 2012, experts say, and should put Merrill Lynch and Morgan Stanley on notice.
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By Gil Weinreich, AdvisorOne |
April 23, 2012
Just as they were prior to Lehman, Hussman says current market multiples are misleadingly based on record profit margins âabout 50-70% above historical norms.â
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By John Sullivan, Advisorone |
April 18, 2012
The announcement will follow recent decisions by JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup to reclassify $4.1 billion of junior liens as 'nonperforming.'
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By John Sullivan, Advisorone |
April 18, 2012
At an otherwise routine meeting, the only point of contention was the pay package, with more than half of attendees voting ânay.â