Jed Horowitz – Page 3

U.S. investors still wary of stocks: brokerage executives

December 23, 2018 at 4:11 p.m.

NEW YORK (Reuters) - Some U.S. brokerages are grappling with unexpectedly weak stock trading by retail clients this year, eroding commission revenue and clipping the flow of new money into...

E*Trade to give clients access to IPOs from Jefferies

August 24, 2021 at 7:54 p.m.

NEW YORK (Reuters) - The baby in E*Trade TV commercials may soon boast that he got in on a hot Wall Street IPO. E*Trade Financial Corp said Thursday it formed...

Insight: Credit Suisse sticks with money-losing U.S. brokerage

August 24, 2021 at 7:09 p.m.

NEW YORK (Reuters) - Credit Suisse Group AG is betting it can turn around its unprofitable U.S. private wealth business with new loan products and a focus on the ultra-rich,...

Exclusive: Jefferies wealth head Peters resigns to join hedge fund

August 24, 2021 at 6:57 p.m.

NEW YORK (Reuters) - Markman Peters, who joined Jefferies & Co in 2009 to run and expand its wealth management business, is leaving to join a distressed debt hedge fund,...

Schwab founder met with China officials about Shanghai office

August 24, 2021 at 6:53 p.m.

NEW YORK (Reuters) - Charles Schwab traveled to China in September to discuss opening an office of his eponymous securities firm in Shanghai. "There's a massive opportunity there, they are...

TD Ameritrade amends TD Bank pact, permitting more buybacks

August 24, 2021 at 5:55 p.m.

NEW YORK (Reuters) - TD Ameritrade Holdings, the largest discount brokerage firm by daily trades it executes, has modified its agreement with Toronto Dominion Bank, its largest shareholder, in order...

Merrill pay plan focuses on broker teams and trust assets

August 24, 2021 at 6:45 p.m.

NEW YORK (Reuters) - The 2014 compensation plan that Merrill Lynch introduced on Wednesday rewards brokers who work in teams and pays them a premium for attracting money from wealthy...

UBS gives brokers higher expense accounts to lure the wealthy

August 24, 2021 at 5:53 p.m.

NEW YORK (Reuters) - UBS Wealth Management Americas unveiled its 2014 compensation plan on Tuesday, offering new expense accounts to brokers who produce annual revenue of at least $550,000 and...

TD Ameritrade profit up 40 percent as trades rise

August 24, 2021 at 4:53 p.m.

(Reuters) - TD Ameritrade Holding Corp, the biggest U.S. discount brokerage by client-trading volume, reported a 40 percent jump in its fiscal fourth-quarter net income that just beat analysts' estimates...

Schwab posts highest profit since 2008, shares jump

August 24, 2021 at 4:25 p.m.

(Reuters) - Charles Schwab Corp, a U.S. discount broker, posted its highest quarterly profit since the financial crisis on Tuesday as the rising U.S. stock market fueled more customer trading....

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