Topic: Investment Brokerages
Independents still luring wirehouse clients: Schwab
Reuters US Online Report Business News
NEW YORK (Reuters) - Independent wealth management shops continue to lure clients away from the big U.S. brokerages, according to a survey by online brokerage giant Charles Schwab Corp <SCHW.O>. Nearly all of the 1,144 independent financial advisers surveyed in January gained clients in the prior ...
TD Ameritrade execs say E-Trade deal unlikely
AP News
TD Ameritrade leaders say E-Trade deal unlikely; predict slow economic recoveryTD Ameritrade's CEO said Thursday there's no way the online brokerage would consider acquiring rival E-Trade right now because the deal would involve too much risk. Ameritrade CEO Fred Tomczyk addressed the possibility of an E-Trade deal after ...
Ex-Madoff investors sue agency SIPC over claims
Reuters US Online Report Domestic News
NEW YORK (Reuters) - Some of Bernard Madoff's defrauded investors opened a new legal front on Wednesday to get their money back, accusing the federal agency overseeing the distribution of assets left from the epic swindle of fraud. In a lawsuit seeking class-action status and filed with the U.S ...
E-Trade getting back on track, analyst says
AP News
Analyst says E-Trade back on track as it focuses on online broker roots, may attract buyerE-Trade Financial Corp., which took a black eye from losses on its subprime mortgage holdings, is getting back on track by focusing on its roots as an online brokerage, an analyst said Monday. Keefe, Bruyette ...
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