While other banks are under pressure to cut their dividends, UBS surprised analysts and investors with their announcement that they would begin paying dividends again. (The last cash dividends were paid in 2006.) The announcement came at an investor event in New York last Thursday when UBS said it would cut investment bank risk-weighted assets [...]
Morgan Keegan Financial Advisors Fear Acquisition by a Large Firm
October 14, 2011 By Leave a Comment
Regions Financial Corp announced their intent to sell off their Morgan Keegan brokerage unit last June, and ever since rumors and speculations over who will acquire this close-knit brokerage whose roots date back to 1969 have been the talk on the street and inside Morgan Keegan. Blackstone Group and Stifel Financial Corp have been cited [...]
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