Ahead of the Bell: Investment Banks (AP via Yahoo! Finance)
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An analyst initiated coverage of investment banks Goldman Sachs Group Inc. and Morgan Stanley Friday, saying the former is positioned to benefit from the inward focus of many of its once formidable competitors.
Bank of America May Raise Investment Banker Salaries (Update1) (Bloomberg)
March 27 (Bloomberg) — Bank of America Corp. plans to increase some investment bankers salaries by as much as 70 percent following the takeover earlier this year of Merrill Lynch & Co., people familiar with the proposal said.
Todd Investment partners to buy back firm, merge with Veredus (BizJournals)
The partners in Todd Investment Advisors, one of Louisvilles largest institutional-investment firms, are buying back the firm from Cincinnati-based Fort Washington Investment Advisors Inc. and merging with another Louisville firm.
