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Forbes.com: Financial Adviser Network News

Financial Adviser Network news from Forbes.com.

Facebook IPO Fails To Boost Morgan Stanley
Morgan Stanley was the coveted lead underwriter on the highly anticipated, albeit boring, Facebook IPO but that didn't have much of an impact on its shares today.
Warren Buffett's New Favorite Bank?
Berkshire Hathaway upped its stake in Bank of New York Mellon in a big way.
Morgan Stanley Is Having A Worse Week Than JPMorgan, Here's Why
Morgan Stanley shares are performing worse than JPMorgan's this week.
JPMorgan Investors Sue Over Trading Loss
The latest in the JPM trading mess: Shareholders are suing Jamie Dimon and other executives.
More Bad News For JPM As FBI Gets Involved
Everyone wants a piece of . The Justice Department is investigating over its now infamous $2 billion trading loss. The news comes just hours after Dimon and his fellow executives met in??Tampa, Fla. for an annual shareholder meeting. The FBI investigation is in its preliminary stage and authorities are looking into the incident because the ...
Forget The $2B Loss, Foreclosures Are JPMorgan's Real Problem
JPMorgan Chase CEO Jamie Dimon faces shareholders for the first time since announcing a massive $2-billion loss.
The Latest In Ponzi Schemes: Pretend You Know George Soros
A New Jersey woman raised $450,000 from investors after telling them their money would be managed by George Soros.
JPMorgan's Battered CIO Unit Gets New Leadership
Matt Zames, who himself has been at the helm of JPM's chief investment office for a day, is relieving Achilles Macris of his responsibilities.
Jamie Dimon's Nasty Surprise Could Give JPM A Nasty Downgrade
JPMorgan was up for a two-notch downgrade but its $2 billion loss could prompt Moody's to make a deeper cut in its credit rating.
Heads Start Rolling At JPMorgan Amid Trading Loss
One of Wall Street's most powerful female executives is reportedly losing her job amid the JPMorgan trading loss.

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