Raymond James Settles Auction-Rate Securities Charges
Raymond James Financial Services on Wednesday agreed to settle charges that it misled clients about auction-rate securities -- investments that were marketed as safe but turned toxic during the credit...
View ArticleSmall Investors May Get to Own a Bit of Facebook
While shares of the hottest initial public offerings go almost entirely to the biggest clients of the Wall Street banks that oversee the stock sale, Facebook’s executives and underwriters have...
View ArticleTD Ameritrade and Scottrade Resume Sending Orders to Knight
Two major brokerages said on Friday afternoon that they had resumed sending client orders to the Knight Capital Group, in a potential boost of confidence for the beleaguered trading firm.
View ArticleKnight Capital Reaches Rescue Deal With Investor Group
The Knight Capital Group has secured a deal on Sunday to secure a financial lifeline from an investor group that included TD Ameritrade and the Blackstone Group, capping its efforts to stay alive, a...
View ArticleQuick Lunge for a Lifeline Helped Knight Capital Skirt Collapse
Knight Capital was given a $400 million shot in the arm by a varied group of investors as it narrowly avoided filing for bankruptcy.
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