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  • IMF Statement On Hungary

    Date 12/01/2012

    International Monetary Fund (IMF) Managing Director Christine Lagarde issued the following statement on Hungary today:

    “I met today with a Hungarian delegation led by Minister Tamas Fellegi. We had a useful exchange about the latest economic developments in Hungary and about how best the IMF can assist the country in addressing the current economic situation."

  • Emerging Long-Term Trends Key To Unlocking Asia Wealth - Cerulli Contends That Mutual Funds Can Gain Access To A Larger Piece Of Asians' Wealth, If They Carve Opportunities Out Of Several Long-Term Developments

    Date 12/01/2012

    The Asia-Pacific region is dealing with intensified regulations, pressured revenues, narrowing distribution, reluctant inflows, and other challenges. Cerulli contends, however, that opportunity presents itself in long-term trends such as changes in regulation that will actually expand investment opportunities and demographic and market developments that will facilitate sales of products that do not currently have a strong presence among Asian investors.

  • Large Firms Elect Gregory Fleming To FINRA Board Of Governors

    Date 12/01/2012

    The Financial Industry Regulatory Authority (FINRA) today announced that Gregory J. Fleming, President of Morgan Stanley Smith Barney and President of Morgan Stanley Investment Management, was elected as a Large Firm Governor on FINRA's Board of Governors. Mr. Fleming fills the seat vacated by Sallie L. Krawcheck, former President of Global Wealth & Investment Management, Bank of America.  

  • Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

    Date 12/01/2012

    Standard & Poor's will make the following changes in the S&P/TSX Composite Index:

    Meadow Bay Gold Corporation (TSXV: MAY) will graduate to trade on TSX at the open of trading on Monday, January 16, 2012. The ticker symbol will remain "MAY" and the CUSIP number will remain 583081 10 4. The company will be removed from the S&P/TSX Venture Composite Index after the close of trading on Friday, January 13, 2012.

  • SIFMA Holds 2012 "State of the Industry" Briefing

    Date 12/01/2012

    SIFMA today briefed members of the media on the Association's priorities for 2012 and discussed the current state of the financial sector.