Once viewed as a facile innovator among the Windy City's financial exchanges, the Chicago Board Options Exchange is suddenly bogged down on several fronts.
Forget about Snoopy dozing on the doghouse roof while the financial world goes by; think junkyard dog instead.
A growing number of companies are opening online supermarkets that feature a smorgasbord of exotic investments to sate the appetites of the newly rich and "moderately sophisticated" for venture capital, hedge fund and IPO deals.
Washington lobbyists for the financial services industry were debating last week whether to pitch in $3 million for an apres-election ad campaign to get the $240 billion tax bill passed before the end of the year.
State Street Global Advisors Inc. is developing new quantitative models that don't go strictly by the numbers.
Brown Brothers Harriman & Co. in New York has added more than traditional custodial services to its online offerings.
John Nuveen Co. is enduring snubs as it strives for respectability as a money manager for the rich.
Three of the country's top organizations for tax professionals are urging Congress to repeal the alternative minimum tax, streamline capital gains taxes and worker classification rules and get rid of phaseouts.
Van Kampen Funds Inc. became the first mutual fund company to have its website awarded the PricewaterhouseCoopers BetterWeb seal of approval, while several others are in the process of getting their own BetterWeb seals.
