Case Studies: Business Process Outsourcing; Four Firms Give a Glimpse of the...
Byline: Seth Fineberg For many CPAs, outsourced accounting or business process outsourcing work is not entirely new, but now more firms are discovering cloud-based accounting systems that allow them to...
View ArticleAudits Abroad; Gelman, Rosenberg & Freedman's Auditors Are Quite the Jetsetters
Byline: Tamika Cody Look around the offices of Gelman, Rosenberg & Freedman, and you'll probably notice a number of international souvenirs. Most were brought back by the Bethesda, Md.-based firm's...
View Article-Former Barclays Chief Says Banks Could Quit UK If Asked to Separate Retail...
Global Banking News-November 1, 2012--Former Barclays chief says banks could quit UK if asked to separate retail and investment banking operations(C)2012 ENPublishing - httpwww.enpublishing.co.uk...
View Article-Wells Fargo Expanding Investment Banking
Global Banking News-November 1, 2012--Wells Fargo expanding investment banking(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 01 November 2012 Reuters has reported that Wells...
View Article-US Power Market Regulator to Fine Barclays
Global Banking News-November 1, 2012--US power market regulator to fine Barclays(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 01 November 2012 According to Reuters, Federal...
View ArticleMSRB Official Talks about Its Initiatives
Byline: Jonathan Hemmerdinger WASHINGTONA a The Municipal Securities Rulemaking Board plans to study the idea of restricting, or possibly banning, muni bond dealers' contributions to bond-ballot...
View ArticleMSRB to Propose Rules Requiring More Information about Bond Ballot Contributions
Byline: Jonathan Hemmerdinger WASHINGTON a The Municipal Securities Rulemaking Board plans to propose regulations that would require dealers to disclose more information about contributions to...
View ArticleMarket Post: Munis Open Flat as Trading Resumes
Byline: Taylor Riggs The tax-exempt market got off to a slow start Wednesday morning as markets reopened after a full close Tuesday and an early close Monday. With most traders in the northeast region...
View ArticleSIFMA Blasts NASDAQ Plan
Byline: Editorial Staff The Securities Industry and Financial Markets Association opposes a Nasdaq OMX Group plan to offer algorithmic trading services to its members. In a letter to the Securities and...
View ArticleToo Many Order Types, Traders Fret
Byline: Peter Chapman The stock market is unnecessarily complex, and the thousands of exchange order types are partly to blame. That was a recurring frustration expressed by industry professionals...
View ArticleBisgay to Head Knight Operations
Byline: Tom Steinert-Threlkeld Knight Capital has consolidated its financial, technological and general operations under a single executive and moved its top technologist into a new role. Executive...
View ArticleMortgage Applications Fall 4.8% in Week
Mortgage applications decreased 4.8% in the week ended Oct. 26, as refinances fell 6% and purchases rose 1%, according to data from the Mortgage Bankers Association's weekly mortgage applications...
View ArticleResisting a State Banking Unit's Licensing Exemption Move
Byline: Brad Finkelstein ATLANTIC CITY, NJ-A proposal by the Pennsylvania Department of Banking and Securities to create an exemption for those who originate less than four mortgages a year from its...
View ArticleDeparting Aggregators Benefit GNMA's MBS Program
Byline: Brian Collins More lenders that traditionally sold their mortgages to large aggregators are knocking on Ginnie Mae's door these days. And that makes the agency's president, Ted Tozer, a happy...
View ArticleLong Legal Battle Ending
Byline: Austin Kilgore After a legal battle that has spanned more than three years, DocMagic and Ellie Mae agreed to settlement terms to resolve allegations of violations of antitrust regulations,...
View ArticlePost-Election Pick Up
Byline: Frances A. McMorris As we finish this issue of On Wall Street, we are watching the parent companies of the wealth management firms that we cover announce their earnings. What strikes me is how...
View ArticleWhen Client Accounts Transfer; How Long Must a Broker-Dealer Keep Records of...
Byline: Alan J. Foxman I'm looking to buy a small broker-dealer. The seller informed me that the clients have all transferred their accounts out (which is fine with me). However, it's my understanding...
View ArticleRising Tide for Retirement Income; as America Grows Older, Advisors Shift...
Byline: E. Thomas Foster, Jr. The Bay of Fundy, nestled between Canada's Nova Scotia and New Brunswick provinces, has the greatest tidal range in the world. The difference between high tide and low...
View ArticleN.Y. Awards $20M in Settlement Funds for Homeowner Aid
Byline: Kevin Wack The state of New York announced plans to award $20 million from the national mortgage settlement to more than 90 legal services organizations and housing counseling agencies around...
View ArticleResCap Bid: A Horse Race for Two?
Byline: Paul Muolo The official bid deadline on Residential Capital Corp. is looming as MSN goes to press, but analysts and investment bankers are describing it as a horse race between specialty...
View Article