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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: brokers

brokers stories: 7 news summaries

Taiwan Bridles Foreign Wife Brokers

Lawmakers angry
over unions built
on 'weak foundations'

Jul 31, 09 7:45 PM CDT
(Newser) - Taiwan is clamping down on companies that arrange quicky foreign marriages for male customers, the BBC reports. Many Taiwanese men say they fly to Southeast Asian countries like Indonesia and Vietnam for brides because women in Taiwan are putting off marriage for career. But officials say cross-border weddings are built... More »

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Taiwan • marriage • wedding • brokers • Southeast Asia

(Newser) - The New York attorney general has told Charles Schwab he will sue the brokerage for civil fraud over its marketing of securities to clients, reports the Wall Street Journal. Andrew Cuomo alleges that Schwab's brokers had little understanding of the financial instruments and then failed to inform clients that the... More »

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debt • lawsuit • Andrew Cuomo • liquidity • brokerage • Charles Schwab Corp • auction-rate securities • brokers • financial crisis

(Newser) - Russian women are so eager for green cards that one New York-area weekly devotes an entire page to marriage ads, the New York Post reports. A Post reporter, posing as an immigrant angling for a green card, contacted a marriage broker and got the going rate: $31,500, $6,500... More »

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marriage • green card • Russians • immigrant • brokers

 Brokers Bail on Wall Street 

Commissions shrinking as investors turn away from stocks

May 6, 09 2:46 AM CDT
(Newser) - A rising number of stock brokers are abandoning the industry as markets fall and commissions dry up, the Wall Street Journal reports. More brokers have already departed this year than in any of the last 15 years, and experts expect the exodus to continue as investors shift assets out of... More »

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stock market • Wall Street • financial services • financial sector • trader • brokers • financial crisis • fiscal crisis

Madoff Scandal Turns Up Heat on Financial Advisers

Loophole lets Madoff types profit from bad advice, they say

Jan 21, 09 3:53 PM CST
(Newser) - Wall Street advisers and brokers are tussling over the details of a looming regulatory overhaul as Washington takes steps to prevent another Bernard Madoff scandal, Bloomberg reports. Advisers want brokers who counsel clients to be subject to the same oversight they’re under; currently, their brokerage counterparts can profit by... More »

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Wall Street • Merrill Lynch • SEC • oversight • investment • regulation • brokerage • bank regulation • brokers • Obama administration • President Obama • Bernard Madoff • financial adviser

Stockbrokers in High Demand
on Back-to-Basics Wall St.

Some, unlike disgraced investment bankers and traders, even command bonuses

Jan 13, 09 12:56 PM CST
(Newser) - With investment bankers and trading desks disgraced by crippling losses, the everyday stockbroker is enjoying a renaissance as Wall Street firms look to stay relevant to customers and investors, the Wall Street Journal reports. The likely deal between Morgan Stanley and Citigroup that would create the world’s largest brokerage... More »

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Wall Street • Citigroup • Morgan Stanley • investment bankers • portfolio • joint ventures • Smith Barney • brokers • financial crisis • traders

 Nine Inch Nails Pinch Scalpers 

New online strategy aims to get tix straight to fans

May 1, 08 7:43 AM CDT
(Newser) - Nine Inch Nails aims to outmaneuver scalpers and undercut premium ticket brokers with an online strategy during an upcoming summer concert tour, Reuters reports. Tickets will be sold directly to fans registered on the band's website beginning 72 hours before each concert date. Organizers hope tight ID restrictions will ensure... More »

MORE ABOUT:
ticket • Pearl Jam • Nine Inch Nails • scalpers • concert tour • brokers • online sales • Maroon 5

7 Stories


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