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Current RefinementsContent TypeNewsSectorIntermediariesPrime BrokeragesLocationNorth AmericaRemove all refinements Date2016 (1)2015 (3)2014 (4)2013 (21)2012 (13)2011 (85)AuthorBBR Staff Writer (122)IBR Staff Writer (3)LocationCanada (9)United States of America (117)
Search Results: News > Prime Brokerages > North America
1-15 of 127 results
Bank of America Q1 profit falls
By IB Staff Writer
Bank of America has reported a sharp fall in its profit for the March quarter, as its revenue came under pressure due to a slump in bond and stock trading amid concerns over global economic growth.
Banking Services > Retail Banking > News
Heartland Financial to acquire CIC Bancshares for $83.5m
By IB Staff Writer
Heartland Financial USA has entered into a definitive merger agreement to acquire CIC Bancshares in a deal worth $83.5m.
Banking Services > Commercial Banking > News
Reynolds acquires mortgage documents company IDS
Reynolds and Reynolds has acquired mortgage documents and compliance services provider International Document Services (IDS) for an undisclosed amount.
Intermediaries > Prime Brokerages > News
US Supreme Court backs Barclays' claim over $4bn of Lehman’s disputed assets
By IB Staff Writer
As per the US Supreme Court ruling, Barclays will be able to claim about $4bn worth of disputed assets purchased from Lehman Brothers Holdings' brokerage unit during the financial crisis in 2008.
Intermediaries > Prime Brokerages > News
Prudential Elite, REALTORS join Berkshire Hathaway HomeServices real estate brokerage network
By IB Staff Writer
Berkshire Hathaway HomeServices, the real estate brokerage network operated by HSF Affiliates LLC, today announced that Prudential Elite, RELATORS® has joined the network and is now operating as Berkshire Hathaway HomeServices Sarver Realty.
Intermediaries > Prime Brokerages > News
Prudential Solutions Real Estate Joins Berkshire Hathaway HomeServices Real Estate Brokerage Network
By IB Staff Writer
Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, today announced that Prudential Solutions Real Estate has joined the network and is operating as Berkshire Hathaway HomeServices Solutions Real Estate.
Intermediaries > Prime Brokerages > News
SEC investigates Merrill, Charles Schwab for anti-money laundering breaches
By IB Staff Writer
The US Securities and Exchange Commission (SEC) is investigating Bank of America's (BofA) brokerage Merrill Lynch and Charles Schwab for breach of anti-money laundering rules.
Intermediaries > Prime Brokerages > News
FINRA fines Triad Advisors and Securities America over reporting violations
By IB Staff Writer
The US Financial Industry Regulatory Authority (FINRA) has imposed a fine of $650,000 and $625,000 against two firms Triad Advisors and Securities America, respectively, for failing to supervise the use of consolidated reporting systems in accordance with securities laws.
Intermediaries > Prime Brokerages > News
Convergex agrees to pay $151m to settle securities and wire fraud charges
By IB Staff Writer
ConvergEx Group, a brokerage firm agreed to pay more than $151m to US regulators to settle criminal and civil charges that it exaggerated fees when trading for clients, deceived charities and other big investors.
Intermediaries > Prime Brokerages > News
FINRA fines Oppenheimer for overcharging customers
By IB Staff Writer
The US Financial Industry Regulatory Authority (FINRA) has imposed a monetary penalty of $675,000 against investment boutique firm Oppenheimer & Co, for overcharging investors in municipal securities transactions and for failing to implement an adequate supervisory system.
Intermediaries > Prime Brokerages > News
Aquiline, Genstar Capital purchase Genworth Wealth Management for $412.5m
By IB Staff Writer
San Francisco-based middle market private equity firm Genstar Capital and Aquiline Capital Partners have acquired Genworth Wealth Management in a transaction worth $412.5m.
Intermediaries > Prime Brokerages > News
UBS to pay $4.6m to US securities regulators over unregistered sales assistants
By IB Staff Writer
UBS Financial Services has inked a $4.6m settlement agreement with the multiple state securities regulators, to resolve the charges that its unregistered client-service associates in retail brokerage unit accepted trade orders from clients.
Intermediaries > Prime Brokerages > News
TradeKing plans to purchase assets of GAIN Capital’s brokerage subsidiary
By IB Staff Writer
TradeKing Group, an online broker/dealer, has entered into an agreement to purchase the accounts as well as the rights to certain other assets of GAIN Capital Securities’ Cleveland-based boutique brokerage subsidiary.
Intermediaries > Prime Brokerages > News
SEC sues Steven Cohen for failing to supervise portfolio managers
By IB Staff Writer
The (US) Securities and Exchange Commission (SEC) has sued a hedge fund adviser Steven Cohen for failing to exercise supervision over two senior portfolio managers, Mathew Martoma and Michael Steinberg, and stop them from insider trading.
Intermediaries > Custody & Clearing > News
BTIG introduces interest rate trading desk
By IB Staff Writer
Global financial services company BTIG has launched an Interest Rate trading desk, which will be initially focused on US Interest Rate products in both the cash and futures markets, to boost its fixed income product offering.
Intermediaries > Custody & Clearing > News

BBR White Paper Recommendations

Revenue Leakage – Opportunity Calling! By Suntec
Revenue Leakage has been a universal phenomenon, gnawing up the profit margins of transaction-based industries, especially across their business support systems. Though the Banking industry people are particularly quick in acknowledging the glaring prevalence of revenue leakage, they are not able to pinpoint its source or quantity, or chart methodologies to ensure Revenue Assurance.... Banking Services > Commercial Banking > White Papers Customer Profitability Vs. Customer Satisfaction: Keep Guessing or Model your Pricing Strategies By Suntec
Most financial institutions do not have a clear understanding of what or who drives their profitability. They make assumptions or guesswork, and most of the time, try and fix their profitability metrics into the 80/20 rule or something similar — the majority of profits (80%) come from a minority (20%) of customers, products or business segments. Is profitability as simple as this? While there is no denying the 80/20 rule, how does an organization find this 20%? ... Banking Services > Commercial Banking > White Papers Banks - Reward Your Customers Incrementally, Based on Their Profitability By Suntec
Financial Institutions (FI) are on the verge of a strategic make-over. The market conditions imply an increased need to generate revenues and customer profitability, to ensure sustainability and future business success. In order to achieve these objectives, the FIs need to devise strategies that leverage customer relationships in a way that has never been done before. ... Banking Services > Commercial Banking > White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
1-15 of 127 results