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Bank Closings Stir Fears in Charlotte
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In the wake of IndyMac's collapse, fears abound that Charlotte's big banks could be next. Plummeting stock prices at both Bank of America and Wachovia are...
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Jul 18 2008
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Our Take: Desperate Measures and Their Effects
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Last quarter, earnings season was punctuated by the demise of Bear Stearns. This quarter's marquee news revolves around public officials and regulators struggling to stave off...
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Jul 18 2008
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Private Bankers Face Hurdles to Switching
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You're a private-client relationship manager responsible for $300 million in assets, but your employer is trimming both bonus allocations and back-office resources that support your activities....
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Jul 17 2008
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Fund Firm Alters Manager Compensation
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American Century Investments will restructure its bonus system for portfolio managers. The move will reward the firm's best performers with stock options and tie incentives to...
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Jul 17 2008
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eFC Briefing: Hedge Fund Growth Slows
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Newly launched hedge funds raised 40 percent more capital through June, but the number of launches fell 50 percent from 2007. London-based i-bank Collins Stewart is...
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Jul 16 2008
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Goldman Funds Support Office in Toronto
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Goldman Sachs recently opened a hedge fund administration office in Toronto, Ontario's provincial government announced early this month. The number of jobs was not disclosed either...
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Jul 16 2008
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