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Breaking News
Cogent Signs Deal to Sell Majority Stake to Brokerage Consortium
May 21, 2009 - Cogent Consulting has agreed to sell a majority stake of the firm to a consortium of global institutional broker-dealers.
Markit Signs Northern Trust for Syndicated Loan Processing
January 20, 2009 - Northern Trust will outsource the processing of its global syndicated bank loan business to Markit Group.
Proxy-Services Upstart Cuts Distribution Fees
January 15, 2009 - Mediant Communications has reduced the fee its corporate clients pay for distribution of proxy materials to beneficial shareholders.
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Large Pension Funds Trimming Broker Lists to Bolster Service
May 4, 2009 - The Teacher Retirement System of Texas is categorizing its broker-dealers according to the level of service they provide, reflecting a growing emphasis among institutions on paring relationships.
