Industry

Choose non-financial companies

Investing in non-financial companies allows for increased diversity in the high-yield bond market.

By Suzanne Sharma |January 10, 2013

2 min read

3 banks to disclose daily money-market fund values

Following Goldman Sachs' recent move, both JP Morgan Chase and Blackrock will start disclosing the daily values of their U.S. money-market funds.

By Wire services |January 10, 2013

1 min read

GMP restructures to weather economic uncertainty

GMP Capital Inc. has cut 16 jobs and shunted 51 key support personnel to its wealth management arm, Richardson GMP, to reduce expenses in the face of challenging business conditions.

By Vikram Barhat |January 9, 2013

2 min read

Morgan Stanley to cut 1,600 jobs

The Financial Times reports Morgan Stanley will cut 1,600 employees from its institutional securities group, a 6% reduction.

By Staff |January 9, 2013

1 min read