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Former Goldman Partner Dies At 94


The New York Times reports that George E. Doty Sr., a former partner at Goldman Sachs and longtime watcher of the investment bank’s finances, died on Tuesday at his home in Rye, N.Y. He was 94.

Schroders To Acquire 25% of Indian Asset Manager

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Schroders has announced that its wholly owned subsidiary, Schroder Singapore HoldingsPrivate Limited, has reached agreement to acquire 25% of the share capital of Axis Asset Management Company, the Indian asset management business of Axis Bank Limited.

Wells Fargo To Aquire Merlin Securities

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Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company (NYSE: WFC), today announced that a definitive agreement has been reached to acquire Merlin Securities, LLC, a San Francisco and NYC-based prime brokerage services and technology provider. Terms of the agreement were not disclosed.

Featured Recruiter of the Month - Adecco RPO

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As the world leader in workforce solutions, Adecco knows what it takes to connect clients with top talent. And with our expertise in Recruitment Process Outsourcing (RPO) services - we are the best partner for your recruitment needs.



Hedge Fund

Here's how Ray Dalio crushed the first quarter

The largest hedge fund firm in the world has made a killing this year by correctly predicting two big trends: the continued decline of the euro and a delay in increasing U.S. interest rates.