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UBS appoints Shear, Hoornweg for securities roles

LONDON (Reuters) – Carsten Kengeter, co-chief executive of UBS Investment Bank, is stepping back from his additional role as joint head of fixed income, currencies and commodities (FICC), following two high profile appointments in the securities business. UBS appointed Neal Shear, 55, as head of global securities on Monday and …

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Lazard may get more than one leader: report

(Reuters) – Investment bank Lazard’s board may pick more than one person to lead the company following the death of Chief Executive Bruce Wasserstein, the New York Post said. Read the original post: Lazard may get more than one leader: report

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Lazard may get more than one leader: report (Reuters)

Reuters – Investment bank Lazard’s board may pick more than one person to lead the company following the death of Chief Executive Bruce Wasserstein, the New York Post said. Read more here: Lazard may get more than one leader: report (Reuters)

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Police: Billionaire Madoff Investor Found Dead

Jeffry Picower, a philanthropist accused of profiting more than $7 billion from the investment schemes of his longtime friend Bernard Madoff, was found at the bottom of the pool at his oceanside mansion and died Sunday, police said. He was 67. » E-Mail This      » Add to Del.icio.us

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Lazard stock drops after Wasserstein’s death

PHILADELPHIA/NEW YORK (Reuters) – Shares of Lazard Ltd dropped as much as 5 percent on Thursday following the death of the investment bank’s chief executive, legendary Wall Street dealmaker Bruce Wasserstein. The rest is here: Lazard stock drops after Wasserstein’s death

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Lazard CEO Bruce Wasserstein dies

NEW YORK (Reuters) – Bruce Wasserstein, the legendary Wall Street deal maker identified with an era of no-holds-barred takeover battles, has died at the age of 61. His death leaves major questions about the future direction and leadership of Lazard Ltd., the investment bank he headed. View original post here: …

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Lazard says CEO Wasserstein hospitalized

NEW YORK (Reuters) – Investment bank Lazard Ltd said on Sunday that Chairman and Chief Executive Bruce Wasserstein, a legendary dealmaker, had been hospitalized for an irregular heartbeat. Visit link: Lazard says CEO Wasserstein hospitalized

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Wall Streeters Weigh Life After ‘Giant Pool Of Money’

Glen Pizzolorusso and Jim Finkel each made a fortune in the mortgage industry. Then the bubble burst. The global economic crisis forced them to reconsider what they believed about life and the investment world they lived in. One is spending time in school, the other cleaning up the debris from toxic assets. » E-Mail This      » Add to Del.icio.us

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Wall Streeters Weigh Life After ‘Giant Pool Of Money’

Glen Pizzolorusso and Jim Finkel each made a fortune in the mortgage industry. Then the bubble burst. The global economic crisis forced them to reconsider what they believed about life and the investment world they lived in. One is spending time in school, the other cleaning up the debris from toxic assets. » E-Mail This      » Add to Del.icio.us

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Morgan Stanley CEO Mack to step down: report (Reuters)

Reuters – Morgan Stanley Chief Executive John Mack is stepping down and will be replaced by James Gorman, one of the investment bank’s co-presidents, CNBC television reported on Thursday. More: Morgan Stanley CEO Mack to step down: report (Reuters)

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