08/16/2011

Wall Street will cut year-end bonuses

Wall Street will cut year-end bonuses for fixed-income and equities employees by as much as 30 percent from last year, according to revised estimates from Johnson Associates Inc.

08/16/2011

Elevate expands model portfolio range

Axa Wealth’s platform Elevate has partnered with discretionary managers Investec Wealth & Investment and Mercater Capital Management.

08/12/2011

France, Spain, Italy, Belgium ban short sales

France, Spain, Italy and Belgium will impose bans on short-selling from today to stabilize markets after European banks including Societe Generale SA hit their lowest level since the credit crisis.