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BUSINESS BRIEFS.(TO THE POINT)
FINANCE
BofA faces SEC civil action
Bank of America's San Francisco office received a Wells Notice from the SEC alleging it improperly stored documents related to an inquiry and failed to submit them in a timely manner. The No. 3 U.S. bank says the case arose from a Nov. '01 inquiry, and is not related to the highly publicized U.S. probe into mutual fund trading. The bank called the SEC's claims unfounded. Shares closed down 2% at $79.09.
Legg Mason inks Singapore deal
The money manager will buy Rothschild's asset management business there, adding over $1 bil in fixed income and equity assets to its portfolio. Terms weren't given. Legg, which manages $237 bil assets globally, will merge Rothschild Asset Management into its Asian unit. Privately held Rothschild decided to exit its retail and institutional fund management businesses in '02. Legg Mason shares rose 2%.
INTERNET
EBay to launch PayPal Europe
- Marathon Asset Management Opens Los Angeles Real Estate Office.
- Press release article from: Business Wire April 18, 2006 700+ words
...YORK -- Marathon Asset Management is pleased to...opening of its Los Angeles office with the...Suite 500, Los Angeles, CA 90025...production offices in Los Angeles and San Francisco. Marathon Asset Management, LLC is a global...
- Eudaimonia Asset Management is Hired by Attucks Asset Management to Manage US...
- Newspaper article from: Investment Weekly News May 23, 2009 700+ words
...hired by Attucks Asset Management to manage a US...portfolio for the Los Angeles Fire & Police...of Eudaimonia Asset Management, said, "We...selected by Attucks Asset Management to serve the Los Angeles Fire and Police...
- The 14th Digital Asset Management Symposium Returns to Los Angeles.
- Press release article from: Business Wire September 14, 2006 700+ words
LOS ANGELES -- Hundreds of Digital Asset Management (DAM) practitioners...and benchmarks. Digital Asset Management has become a must-have...deployment, and leverage asset management strategies." This year...
- Los Angeles Unified School District Goes Live with MRO Software's MAXIMO;...
- Press release article from: Business Wire February 19, 2004 700+ words
...of strategic asset management solutions...announced that the Los Angeles Unified School...s Strategic Asset Management solution...a strategic asset management solution that...resources." About Los Angeles Unified School...
- Morlin Asset Management, LP Awarded Contract for Metlox Center in Los Angeles.
- Press release article from: Business Wire February 28, 2006 700+ words
LOS ANGELES -- Morlin Asset Management, LP, the second largest...property management firm in Los Angeles, was awarded a multi...resources, including Los Angeles International Airport. Morlin Asset Management, LP provides superior...
- Vontobel Asset Management, Inc., New York and Salus Capital Management, Los...
- Press release article from: PR Newswire July 22, 2003 700+ words
...22 /PRNewswire/ -- Vontobel Asset Management, Inc., the New York-based...Salus Capital Management, Inc., Los Angeles, announced today the launching...foundations, and endowments. Vontobel Asset Management, Inc., New York, is a member...
- At deadline.(Natixis Global Asset Management acquisition of AlphaSimplex...
- Magazine article from: Pensions & Investments September 17, 2007 700+ words
Andrew Lo sells firm Natixis Global Asset Management will acquire AlphaSimplex Group, the investment management...AlphaSimplex. LACERA changes strategy The $40.1 billion Los Angeles County Employees Retirement Association adopted a one...
- Mayer G. Becker to Chair Track at Henry Stewart Los Angeles - 'Making the Most...
- Press release article from: PR Newswire November 3, 2008 700+ words
...the Most of Digital Asset Management in Brand Management...Stewart Conference in Los Angeles. The conference...relevant digital asset management issues. Presentations...selecting the right asset management system, how DAM...