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AdvisorOne
Bachus to Introduce SRO Redraft Early Next Week: Industry Sources - AdvisorOne
The two sources requested anonymity because of the sensitive nature of the issue. The redraft of Bachus's SRO bill comes despite the fact that economic analysis released by The Boston Consulting Group and commissioned by advisory trade groups found ...
US, Europe Debt Woes Worry Asia - AdvisorOne
A senior Japanese official who did not want to be identified said in the report, "Holding onto [US] Treasuries could cause some capital losses in case of a downgrade, but we could live with it. We have no problems investing in sub-AAA rated bonds," he ...
China Weighs In on Strauss-Kahn's IMF Successor - AdvisorOne
An anonymous source at PBOC was quoted in the report saying that China would likely use its influence in the IMF judiciously. "China is the second-largest economy in the world and our influence is increasing. So we must not make choices randomly and ...
Greece Denies New Bailout as Markets, Rating Agencies React - AdvisorOne
Reuters reported that a senior Greek finance ministry official who asked not to be identified said, "Greece is not holding any discussion on any new aid package. Such reports about discussions on new aid are not true." However, after a meeting in ...
As Ameriprise Hopes to Mediate New Settlement, Securities America Reps Look to ... - AdvisorOne
... involved in the class action settlement that was rejected by a US district judge in Dallas on Friday, March 18, will be meeting in Chicago on Thursday, March 24, to mediate a settlement, according to one recruiter who has requested anonymity. ...
Morgan Stanley to Fire 200-300 FAs; Considering New Name for Unit - AdvisorOne
Morgan Stanley Smith Barney is laying off between 200-300 lower-level advisors, a company source who requested anonymity confirmed late Wednesday. It is also considering changing the name of the group and dropping “Smith Barney,” according to Dow Jones ...

