Exact(8)
It's now on firmer ground and even took control of the Smith Barney brokerage from Citigroup.
Goldman not only blacklisted Madoff in the asset management division but banned its brokerage from trading with the firm too".
Man Group, a large London-based hedge-fund outfit, was this week forced to cut the price of the initial public offering for its American brokerage, from an expected range of $36-39 36-390.
Both Mr. Tesauro and Ms. Hackett were veteran Citi managers, who spent the last four years building the prime brokerage from scratch into one of investment bank's fastest-growing businesses.
Not only did the government fail to prop it up on the last day of the fiscal half, but a credit-rating agency, Moody's, slashed the long-term debt rating of Nomura Securities, Japan's top brokerage, from A1 to A3 and left it on review for a further downgrade.As expected, Goldman Sachs confirmed that it was shelving indefinitely its plan to go public.
It has brought increasing sophistication to real-estate capital markets and spurred the continuing consolidation of real estate management and brokerage from local to national and even international ownership structures.
Similar(52)
New risk controls being put in place across the sector after the subprime debacle could limit prime brokerages from extending too much credit to hedge funds and other speculators.
Professors Barber and Odean studied the accounts of more than 750,000 individual investors from three brokerage firms from February 1991 through June 1999.
So far, the committee has received hundreds of documents from Merrill, including e-mail records and brokerage records from Dec. 26 to Dec. 28.
The law prohibits brokerage firms from tapping customer money without replenishing the deficit.
Kohlberg Kravis Roberts agreed on Friday to buy Alliant Insurance Services, an insurance brokerage firm, from the Blackstone Group.
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