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Lou Lebedin, a former Bear Stearns Cos. executive who had become JPMorgan Chase & Co. (JPM)’s global head of prime brokerage, is being replaced in that role, according to three people familiar with the situation. Teresa Heitsenrether, 47 ...
May 25, 2012 at 21:33 | Source: Bloomberg
Brokerage Needham & Co. started coverage on Facebook Inc. with a "buy" rating, a rare positive take on the shares of the social network after they lost nearly a fifth of their value since the company's stock started trading last Friday.
May 23, 2012 at 18:00 | Source: Chicago Tribune
NEW YORK -- Morgan Stanley Smith Barney, the world's biggest brokerage, told its financial advisers Thursday that it will compensate a few thousand clients who overpaid on trades of Facebook, according to a person on the private conference call.
May 25, 2012 at 02:06 | Source: Fort Worth Star-Telegram
SINGAPORE, May 21 (Reuters) - London-based Mint Partners, which was acquired by interdealer broker BGC Partners Inc in 2010, is expanding into energy brokerage in Asia by starting a middle distillates broking desk next month, industry sources ...
May 21, 2012 at 03:51 | Source: Reuters
SHANGHAI (Reuters) - China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs and Morgan Stanley, a regulatory document showed. The China ...
May 23, 2012 at 14:19 | Source: YAHOO!
(Reuters) - Energy and commodity exchange operator CME Group launched a new service on Tuesday in a bid to offer side-by-side trading of exchange-listed and over-the-counter energy products on a unified trading platform. Major Market Indices The ...
May 22, 2012 at 19:13 | Source: msnbc.com
OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Brokerage & Auctions, Inc. announced today that it has just placed on the market two multi-family properties located in Chicagoland, including a converted and leased condominium courtyard building in ...
May 13, 2012 at 23:56 | Source: Business Wire
For a brokerage, the folks at RealDirect.com have an unusually anti-broker stance. Instead of the usual 6 percent commission approach to selling real estate, RealDirect lets buyers and sellers choose how much broker help they want, and the ...
May 22, 2012 at 18:30 | Source: curbed
The Court of Appeals of New York has ruled that a brokerage did not violate its fiduciary duties to the buyer-client of one of its salespeople by permitting another salesperson at the brokerage to represent a competing buyer for a property.
May 21, 2012 at 14:35 | Source: MyNorthwest.com
CHICAGO (Reuters) - JPMorgan Chase & Co is replacing Lou Lebedin after keeping him for just two months as the New York bank's sole global prime brokerage chief, Bloomberg News reported, citing unnamed people familiar with the change. Lebedian, a 54-year ...
May 26, 2012 at 18:33 | Source: msnbc.com