Reuters: Adviser departures in 2013 lower than 2012

According to data from Reuters, adviser departures in 2013 were lower than 2012. There were about 200 teams of veteran advisers who moved so far this year until the end of June.


India is all set for investment treaty talks with US: commerce minister

India's commerce and industry minister, Anand Sharma, said that India was ready to begin talks regarding bilateral investment treaty.

Strange Leap options trades before forthcoming deal raise questions

Leaps's average 1,320 contracts per day climbed to 7,139 contracts which raised questions from options analytics.

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.


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Bangladesh dubbed as king in the knitwear manufacturing and exporting industry. Bangladesh is dubbed as the hero in the knitwear manufacturing and exporting industry.
Prime Minister Shinzo Abe faced a tough test on whether or not permit foreign firms operating in Japan to easily fire out workers after IBM was sued for illegal termination of employees.
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.
According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.
Utah Senator Orrin Hatch introduced a bill said to alleviate the underfunding problem of US pension funds.
UBS gained back the title of largest private bank UBS gained back the title as the world's largest private bank as fresh client funds surged in the previous year.
According to sources, Pinnacle Foods and Fresh Del Monte were considering to place bids for Del Monte Foods.
Greece announced satisfaction with the decision of the euro zone which granted the country Eur6.8 billion to redeem bonds in August.
Latin American currencies low as investors waited for results of Fed's meeting. Latin American currencies changed little last Tuesday as investors waited for the results of the US Federal Reserve's latest meeting.
Hedge funds sees a decline for the first time in eight months Hedge funds recorded their first monthly decline in eight months this June, as they battled volatile stock and bond markets.