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Jamaica Gleaner :: Business (Free subscription) | yesterday
Wachovia Corp reported a surprisingly large second-quarter loss Tues-day, deflating Wall Street's hopes that the big US banks are weathering the credit crisis well. The bank said it lost US$8.86 billion, is slashing its dividend and eliminating 10,750 positions...
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Banking Business Review (Free subscription) | 07/23/2008
Wachovia Corporation, a financial holding company, has reported a net loss of $8.9 billion for the second quarter of 2008, compared to a net income of $2.34 billion for the same quarter of 2007.
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CNNMoney.com (Free subscription) | 07/16/2008
Question: I'm about ready to retire and I'm worried about rolling over my pension and my 401(k). Do you recommend self investing with one of the low-fee investment companies like Fidelity, Charles Swab, etc. or one of the high-end fee companies like Smith Barney, UBS, AG Edwards etc. to get more for my buck in the long term and for the rest of my life? Is 1.4% to 2.5% a reasonable annual fee?
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Unfortune (Free subscription) | 07/16/2008
Question: I’m about ready to retire and I’m worried about rolling over my pension and my 401(k). Do you recommend self investing with one of the low-fee investment companies like Fidelity, Charles Swab, etc. or one of the high-end fee companies like Smith Barney, UBS, AG Edwards etc. to get more for my buck in [...]
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New York Post (Free subscription) | 06/30/2008
Wachovia Bank could find itself dinged by a piece of the rock should insurance giant Prudential Financial choose to exercise an option to force the bank to buy it out of a retail brokerage joint venture. Already buckling under the weight of...
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The Earth Times Online Newspaper (Free subscription) | 06/27/2008
LONDON (Reuters) - Beleaguered Swiss bank UBS is considering the sale of Paine Webber, the heart of its U.S. wealth management business, according to sources with direct knowledge of the matter.
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PR News Wire (Free subscription) | 06/27/2008
CHARLOTTE, N.C., June 27 /PRNewswire-FirstCall/ -- Wachovia Corporation
announced today that it has named Theresa LaPlaca chief financial officer
of the company's Capital Management Group.
LaPlaca has spent the past four years as chief financial officer for
the division's Retirement and Investment Products Group and a member of its
senior management team, where she helped formulate Wachovia's retirement
strategy...
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PR News Wire (Free subscription) | 06/23/2008
NEW YORK, June 23 /PRNewswire/ -- Fred Alger Management, Inc.
("Alger"), a leading asset management firm, today announced the hiring of
Kirk Williamson as Vice President, Regional Marketing Manager for Alger in
the Southern U.S. In his new role, Mr. Williamson will lead Alger's effort
to service and expand existing relationships as well as develop new
relationships with financial advisers in Louisiana,...
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Talking Biz News (Free subscription) | 06/13/2008
Jason Fell of Folio reports that executive editors Maria Valdez Haubrich and Karen Axelton have left Entrepreneur magazine in the wake of the hiring of a new editor. Fell writes, “These exits come as Entrepreneur Media is said to have completed the final bidding stage of its acquisition and has moved to the due diligence phase [...]
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Business Wire (Free subscription) | 06/04/2008
ST. LOUIS--(BUSINESS WIRE)--Scottrade, a leading branch-supported online investment firm, has hired David Hinkson to lead its Customer Privacy and Data Management programs. Hinkson has 35
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Star Tribune (Free subscription) | 05/28/2008
St. Louis residents have seen one local company after another move their corporate headquarters out of town. May Department Stores Inc. announced in 2005 it would be purchased by Ohio-based rival Federated Department Stores Inc., just after Pulitzer Inc., publisher of the St. Louis Post-Dispatch, announced it would be bought by Iowa-based Lee Enterprises Inc. More recently, brokerage firm A.G. Edwards...
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My Money Blog (Free subscription) | 05/25/2008
Have you ever considered becoming a professional financial advisor? You can read about one man's story in this article Evolution of an Investor from Conde Nast Portfolio. Blaine Lourd started out as a stockbroker, and found out he was really good churning accounts for his own profit: “It was amazing, [...]
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KY3 News (Free subscription) | 05/23/2008
STEELMAN CAMPAIGN: " He has no idea how hundreds of thousands of dollars of his money is spent . . . That's laughable." PLUS: Spence Swings . . . "He's too big a hypocrite to give it back." Kenny Hulshof's campaign for Governor said Friday that campaign contributions received from the American Century Companies Political Action Committee is not necessarily "Stowers money" or connected to pro-embryonic...
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ArticlePower.org (Free subscription) | 05/21/2008
For a long time, money used for good will was called charity, while money used to make more money was called investing. No more.
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rupali | 12/25/2007
Wachovia Corporation (Wachovia) is a diversified financial services provider. It provides commercial and retail banking, mortgage banking, investment banking, investment advisory, asset management, leasing, insurance, retirement services, and securities brokerage services. This profile offers a comprehensive review of Wachovia's operations and performance. Scope of this report Contains corporate strategy,...
