Sentence examples for management division and from inspiring English sources
Lehman would also sell most of its investment management division and cut its dividend to shareholders.
Morgan Stanley has hired the former Merrill Lynch president Gregory J. Fleming to lead its investment management division and global research operations, the firm said Sunday.
JPMorgan's earnings rose 2percentt as the strong performance of its asset management division and credit card group offset the poor results of its investment bank.
Two inquiries -- one at Putnam Investments, its money management division, and the other at Mercer Inc., its consulting unit -- started last year.
Now, Mr. Peek heads a slimmed-down unit, consisting of the firm's struggling asset management division and a small private client business.
"The losses have weakened the reputation of its prized wealth management division and the all-important trust of its clients," Mr. Knight said in his letter.
The former executive, Robert S. Kaplan, who oversaw Goldman's investment banking and investment management divisions and now teaches at Harvard Business School, will start as chief executive of Harvard Management Company, which runs the endowment, on Monday, the university said.
BLOOMBERG NEWS Guggenheimim Said to Ready Bid for Deutsche Bank Unit | Guggenheim Partnersrs, the fast-growing financial services firm, is preparing to bid for Deutsche Bank's asset management divisions, and other prospective bidders include State Street and the Macquarie Group, Bloomberg News reports, citing an unidentified person with knowledge of the matter.
Q There have been a lot of changes within ING, including the recent sale of its real estate investment-management division and the management buyout of ING Clarion.
In the past couple of years, the Munich-based company has set up an asset-management division and bought two American asset-management firms.
The charges, which total $1.01 billion, or $1.11 a share, included a $287 million write-down on Azurix, the company's troubled water-management division, and $180 billion in restructuring charges at its broadband telecommunications operation.
