Morgan Stanley wants to buy out Citi from wealth JV

Morgan Stanley is interested in buying all of Citigroup Inc's stake in their wealth management joint venture this year in what could be a roughly $10 billion deal, said people familiar with Morgan Stanley management's thinking.


Raymond James reports February 2012 operating data

As of today, 98 percent of Morgan Keegan financial advisors presented with retention incentive offers have indicated their intent to accept and will be joining Raymond James upon closing of the merger.


Completion of sale of Old Mutual's Nordic business

Payment of the special dividend of 18p per share (or its equivalent in other applicable currencies) is now unconditional and will be made on 7 June 2012 to shareholders on the register at the close of business on 20 April 2012.


Goldman Sachs launches 'muppet' hunt‎

Goldman Sachs has begun scanning internal emails for the term "muppet" and other evidence that employees referred to clients in derogatory ways, chief executive Lloyd Blankfein told partners in a conference call this week, according to people fa


Sterne Agee Expands Private Client Group

Sterne, Agee & Leach, Inc., one of the oldest and largest privately-owned investment banking firms in the country, has expanded its Private Client Group with the addition of an investment office in Chicago.