YORK (Reuters) - As a senior vice president at Wachovia and then Morgan
Stanley during the dark months of the 2008 and 2009 financial crisis,
Derek Peterson watched as colleagues lost their jobs and life savings
and wondered if he was next.
YORK (Reuters) - Goldman Sachs Group Inc has signed LPL Financial
Holdings, the largest U.S. independent broker-dealer by revenue, to its
securities-based lending platform, the bank said on Tuesday.
NEW YORK (Reuters) - A gauge of stress in the U.S. money markets climbed to its highest level in nearly nine years on Tuesday
on concerns about growing costs for banks and other companies to borrow
dollars and further interest rate increases from the Federal Reserve.
(Reuters) - The U.S. Securities and Exchange Commission has awarded a
record $83 million to three whistleblowers tied to a 2016 settlement
with Bank of America Corp’s Merrill Lynch brokerage unit, the
whistleblowers' attorney said on Monday.
YORK (Reuters) - The European Central Bank and Bank of Japan are about
three years behind the Federal Reserve in policy normalization as
inflation in Europe and Japan will likely stay below their 2 percent
target in the foreseeable future, Bank of America Merrill Lynch said on Monday.
- Douglas Haynes has resigned as president of Point72 Asset Management
LP, a spokeswoman for billionaire Steven Cohen's investment firm said on Sunday, as the company and Haynes face a lawsuit claiming women are subject to a hostile working environment.
YORK (Reuters) - Luke Thomas, 44, an information technology field
manager who lives in Miami, began investing in the U.S. stock market in
his early 20s, attracted by the prospect of learning “how to grow a
little bit of money into a lot,” he said.