Investors
New York, DC Merrill Lynch hires rival Morgan Stanley advisers
Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley. Bank of America Corp's Merrill Lynch hired veteran brokers from its rival, Morgan Stanley Wealth Management.
SAC exec's lawyers: trial might be biased due to media coverage
According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.
Wells Fargo combines with JPMorgan in US$6.5 billion equity hit on rates
JPMorgan Chase & Co. and Wells Fargo & Co., lost US$6.5 billion in combined equity that threatened levels of capital across the industry.
Sources say signing of Colombian pension fund decree may be delayed
According to sources, signing and enactment of Colombian pension fund decree may be delayed. Colombia's Finance Minister, Mauricio Cerdenas, may announce that the signing of the pension fund decree could be delayed, according to high-level government and industry sources.