When Merrill Lynch recently discouraged its thundering herd of brokers from taking on new clients with under $250,000 in assets available for investing, it wasn’t a big surprise.

Watch out, London, Xenia Tchoumitcheva will make you her new headquarters in June. The Elite Model has announced that she will move to London despite the fact that she hasn’t yet found an appropriate apartment. Most importantly, she moves for career reasons, not love. Men, keep your eyes open!

Cut Loss means we are closing money-losing positions because prices move in opposite order to avoid greater losses.

If you have decided to set sail to neizvesan time employment and changing jobs or starting their own, it’s good to know that your career is a subset – career is you. And it should be branded.

Morgan Stanley plans to cut 200-300 inefficient brokers and trainees.

More things have changed than the name since the Dayton office of Merrill Lynch Pierce Fenner & Beane Inc. opened in 1955, according to Blaine P. Werner, the newly named vice president and branch manager at Dayton’s largest brokerage house.

Forbes Global 2000 ranking published, the most powerful companies that govern the global economy. Top includes companies from 60 countries and was conducted using an index that took into account sales, profits, assets and market value of firms.

Like many shareholders of Philips Industries Inc., Roger and Delores Beaty had thought they’d struck one of those rare chances to turn some fast cash in the stock market.

Bank financing for the proposed $830 million leveraged buy-out of Philips Industries Inc. fell through on Thursday, but the company said the deal may not be scuttled yet.Philips.

Interesting statistics on where millionaires live in the U.S. and globally.