Sad to say, there's reason to believe this has been going on, or something very much like it. This is what the emerging scandal over "Libor" (short for "London interbank offered rate") is all about.
Previously we associated the phrase "ice age" with SocGen's Albert Edwards, who uses it to describe this peristently miserable market and economic environment that'a chracterized the world for the past 5 years.
Hopes and fears about the future of the eurozone continue to dominate investor sentiment and drive large swings in markets. While the sense of crisis may ease following the EU summit at the end of June, there are still lots of details to be worked through
In 2012’s second half, investors will face “a rocky road” compared with the year’s first few months, with the potential “fiscal cliff” in the U.S. as well as Europe’s ongoing turmoil both posing risk to a still we
Today, Alexander Wealth Advisor employs eight people including those with expertise in tax preparation, certified public accounting and certified financial planning Read more: http://www.nashobapublishing.com/community_news/ci_20864574/harvard-based-comp
At a press briefing in New York, Katie Nixon, the firm's chief investment officer for personal financial services, spelled out “windows of opportunity” for investors.
I've written in the past about how hiring more women can reduce risk. Several studies have shown that women are more profitable investors, money managers and hedge fund managers, and they incur less risk in the process.
And as if to add insult to injury, the newest fallout from the Facebook IPO fiasco is that Morgan Stanley (MS), its lead underwriter, may have shared Facebook's earnings re-forecast with a select group of investors and not others.
While there is some truth in the assertion that the top end of the wealth continuum is increasingly looking for institutional-style performance analytics, it is a fallacy to see the needs of wealth managers as some kind of “institutional lite”