Monthly Archives: September 2003
UBS to Buy Brokerage Unit From ABN Amro
ZURICH, Switzerland (AP) – Swiss banking giant UBS will buy the U.S. Prime Brokerage unit of ABN Amro Holding N.V. of the Netherlands for $250 million, the companies said Thursday. The unit employs 190 people, mostly in New York City […]
SEC Veteran Mark K. Braswell Joins Venable LLP; Nine-Year SEC Enforcement Attorney Will Concentrate on Corporate Investigations, White Collar & Securities Litigation and Compliance
WASHINGTON–(BUSINESS WIRE)–Sept. 25, 2003– Braswell Joins Former SEC Colleague Nancy Grunberg in Venable’s Corporate Governance Group Making a significant addition to its corporate governance practice, Venable LLP has brought on departing Securities and Exchange Commission attorney Mark K. Braswell as […]
UBS to Acquire ABN AMRO’s US Prime Brokerage Operations
<body.content> <block> <p>NEW YORK, Sept. 25 /PRNewswire-FirstCall/ — UBS announced today that it will acquire the US prime brokerage operations of ABN AMRO, for a price of USD 250million.</p> <p>(Logo: <a>http://www.newscom.com/cgi-bin/prnh/20030716/UBSLOGO</a> )</p> <p>The prime brokerage business to be acquired operates […]
Oil prices surge as output is cut
Oil prices surged by more than 4 per cent yesterday after OPEC agreed a surprise cut in oil output, removing 900,000 barrels per day from world supplies ahead of peak winter demand. US light crude settled $1.11 (97 cent) a […]
Asset Allocation Regains Emphasis
Sep. 25–A Banc One adviser recommends portfolio diversity to state clients. Many investors have learned the hard way that bulls are not always stronger than bears. And regardless of which creature happens to be controlling the market, asset allocation is […]
Quintiles Sees Future As Private Company
DURHAM, N.C. (AP) – The head of Quintiles Transnational Corp., which tests medical devices and drugs for other companies, is parting ways with shareholders – to the expected greater profit of bothsides. Quintiles shareholders will vote Thursday on a leveraged […]
UBS says it is buying ABN AMRO’s Prime Brokerage U.S. unit
ZURICH, Switzerland (AP) — Swiss banking giant UBS will buy the U.S. Prime Brokerage unit of ABN Amro Holding N.V. of the Netherlands for US$250 million, the two companies said Thursday. The unit employs 190 people, mostly in New York […]
Harvard’s Endowment Fund Grew 12.5 Percent for Year
Sep. 24–Once again, the rich get richer. Harvard’s $19.3 billion endowment, the largest in the country, yesterday reported that its investments grew by 12.5 percent in the year ended June 30, a performance that ranks among the best in the […]
State board rejects proposal for public audit of Strong
State board rejects proposal for public audit of Strong By KATHLEEN GALLAGHER AND KEVIN MURPHY [email protected] Wednesday, September 24, 2003 Madison — The board that oversees Wisconsin’s college savings programs on Tuesday rejected state Treasurer Jack Voight’s proposal for an […]
BISYS Updates Earnings Guidance for September 2003 Quarter and June 2004 Fiscal Year; Schedules Conference Call for Thursday, September 25
<body.content> <block> <p>NEW YORK, Sept. 24 /PRNewswire-FirstCall/ — The BISYS Group, Inc. , a leading provider of business process outsourcing solutions for the financialservices sector, today updated its earnings guidance for its current September quarter and its fiscal year ending […]
BISYS Announces James L. Fox, President, BISYS Fund Services, Promoted to CFO; Andrew Corbin Resigning as CFO to Join Another Company
<body.content> <block> <p>New York, Sept. 24 /PRNewswire-FirstCall/ — The BISYS Group, Inc. , a leading provider of business process outsourcing solutions for the financialservices sector, today announced that James L. Fox, President of BISYS Fund Services, will become the Company’s […]
Rabin, Murray & Frank LLP Commences Class Action Suit in the District of Colorado Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of Certain Janus Family Funds — JAGLX, JGVAX, JAOSX, JAWWX
Rabin, Murray & Frank LLP Commences Class Action Suit in the District of Colorado Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of Certain Janus Family Funds — JAGLX,JGVAX, JAOSX, JAWWX NEW YORK , Sept. 24, 2003 […]