The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Al Gore Now in Financial Services Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, November 19, 2001

Al Gore Now in Financial Services

Reported by InvestmentWires Staff, 

Former Vice President of the United States has been named vice chairman of Los Angeles-based Metropolitan West Financial, Inc. His areas of responsibilities will include developing private equity strategies in the areas of biotechnology and information technology.

* * *

According to an article in The Wall Street Journal, brokers at CSFB are facing cuts in their commissions of up to 10%. The firm is also reducing from 50% to 45% the pay for fee-based accounts. There will also be some reductions for broker commissions for individual trades.

* * *

Thursday we reported that Conoco is replacing Merrill Lynch with JP Morgan | American Century as vendor to its $3.1 billion 401(k) plan. On Friday Conoco announced that it is being acquired by Phillips Petroleum, which has a $1.1 billion 401(k) plan of its own administered by Vanguard. The new company will be named ConocoPhillips. So what will happen with the retirement programs? No one knows yet, but things always look brighter for the acquirer's vendor. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use