Twelve finalists for the second annual Community Leadership Awards have been named.
Falling oil prices and a recovering stock market have halted the precipitous drop in consumer confidence prevalent throughout 2008, according to new data.
The nation's largest brokerage firm will buy securities held by 30,000 clients.
Jim Pallotta, a fund manager at Tudor Investment Corp., will start his own investment firm in 2009.
Marsh & McLennan Cos. of New York reported that its second quarter profit fell 63%to $65 million, or 13 cents per share.
Samuel Israel III, founder of Bayou Group LLC, pled guilty to charges related to his attempts to jump bail and flee.
Mario Gabelli plans to raise $200 million to buy a financial services, media or telecommunications company.
Ameriprise Financial Inc. has made a splash in the roiling M&A acquisitions market for independent broker-dealers.
Net income at the Société Générale slipped to $1 billion from $2.36 billion in the 2007 second quarter.
Consider a sale of assets to an intentionally defective grantor trust for the benefit of multiple younger generations.