Charles Stanley announces exclusive partnership

The integration will offer an engaging and valued web experience allowing Charles Stanley Direct clients to view their wider financial affairs in one place: putting the client in control and allowing them access to further products and services from Charl


KeyBank on track to acquire HSBC Branches

This transaction strengthens Key's ability to grow its presence, acquire customers and provide exceptional service to consumer, business banking and wealth management clients in these markets.


Hedge Funds Hurt in May Commodity Rout

Galena Asset Management Ltd.’s metals fund dropped 2.6 percent in May, according to the company, and Brevan Howard Commodities Strategies Master Fund Ltd. fell 2 percent, according to a monthly report to investors obtained by Bloomberg.


State Street Introduces 2 New Bond ETFs

The SPDR BofA Merrill Lynch Emerging Markets Corporate Bond ETF seeks to track the performance of the BofA Merrill Lynch Emerging Markets Large Cap Senior Corporate Index


CD&R among bidders for SocGen's TCW

The sources said that TCW, which oversees about $128 billion in assets, including the TCW and MetWest fund families, could fetch about $700 million.


AllianceBernstein 4% decline in AUM

The 4% decline was due to negative investment returns, including the impact of foreign exchange movements, and modest net outflows in Institutions and Private Client, partially offset by Retail net inflows.