Economic uncertainties, new regulations to hamper revenues and earnings
There has been a sharp decline in employment in the securities industry in New York in recent months
Smith Barney brand dropped following deal with Citigroup
Purchase of Union Securities by PI Financial is just the latest in a series of deals in the firm's growth strategy
PCAOB releases report on interim inspection program
Predecessor firm Nesbit Thomson was established in 1912
The Toronto Financial Services Alliance and TheCityUK aim to bring two financial hubs closer together
Deutsche Bank and J.P. Morgan lead the pack with each firm named as quality leaders in 12 categories
Market uncertainty, regulatory developments to pressure earnings
The challenge to generate satisfactory earnings may lead to more consolidation within the industry