Industry News Archive

Borrowers Get A Little Help From The Tax Man
1/29/2010 8:35:13 AM Real Estate Finance

A little noticed tax law change is poised as being a big help to borrowers. Outside of the accounting world, however, the newly revamped Section 108(i) of the Internal Revenue Code... Read More

Kohl Target-Date Bill Not Likely Before March
1/28/2010 4:10:28 PM Fund Action

--Stan Wilson Senate Aging Committee Chairman Herbert Kohl (D-Wisc.) is unlikely to introduce target-date fund legislation before March. He has almost completed... Read More

Money Fund Labeling Issue May Return
1/28/2010 4:08:28 PM Fund Action

--Stan Wilson Securities and Exchange Commission staff has for now given up on trying to differentiate between institutional and retail money market funds.... Read More

Cadis Boosts Global Services
1/28/2010 3:56:22 PM Wall Street Letter

-- Meredith Lepore Cadis, a data management provider for the buyside, has strengthened its global services with new hires and language support. The firm plans to hire support and... Read More

Lattice Semiconductor Considers Providers
1/28/2010 3:34:28 PM Fund Action

--Jean Heinz Lattice Semiconductor Corporation is currently considering bids from The Vanguard Group and its incumbent ... Read More

Dallas RIA To Enter Fund Biz
1/28/2010 3:10:27 PM Fund Action

--Hillary Jackson Alerian Capital Management is getting into the mutual fund business with plans to launch three funds that will invest in energy infrastructure... Read More

Wells Fargo: On the Front Lines of the Culture Wars
1/28/2010 2:46:31 PM On Wall Street

Corporate culture is a "soft" issue, with little empirical evidence that it actually matters. While anecdotal evidence of its importance may be overwhelming, many chief executive officers... Read More

When Firms Collide: Is Culture Clash Inevitable?
1/28/2010 2:46:28 PM On Wall Street

Despite all the talk of economic recovery, turmoil is still apparent in the financial services sector, including the parent companies of brokerage firms. With many of the biggest changes now past... Read More

Janus Shows Big 4Q Recovery
1/28/2010 2:46:24 PM On Wall Street

Janus Capital Group enjoyed the benefits of the market recovery and increased demand for its fixed income funds as it posted strong profits for the fourth quarter. The Denver-based money manager... Read More

Populist Rage at Banks Leaves Clients Cold
1/28/2010 2:46:20 PM On Wall Street

The rhetoric was unmistakable: Big banks are bad. "Each time a CEO rewards himself for failure, or a banker puts the rest of us at risk for his own selfish gain, people's doubts grow," President... Read More