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  • Last Call: A Honey Boo Boo Market Day Tuesday, 9 Oct 2012 | 8:52 PM ET
    NYSE traders floor

    Equities finish lower, Alcoa and Yum get earnings season off to a good start.

  • Last Call: In 1492, Columbus Sailed the Ocean Blue Monday, 8 Oct 2012 | 10:55 PM ET
    NYSE trader

    A quiet day of trading as the markets slowly approach 5-year highs; the meningitis outbreak grows; Huawei fires back at the U.S. and the IMF slashes forecasts for global economic growth.

  • Construction work

    Once the dregs of the U.S. economy, beleaguered mortgage banks are becoming more attractive as the home sector claws back from a depression, an analyst said Monday.

  • Top Cities for Financial Adviser Startups Monday, 8 Oct 2012 | 12:13 PM ET
    As financial services companies trim payrolls, more industry veterans are opening their own investment firms.According to , which tracks the, there are now 28,574 resident investment adviser, RIA, firms, usually with offices of two to eight employees and an average of $25 million to $50 million in client assets under management, AUM. Others, such as spinoffs from the financial giants, can manage mutual funds and other big accounts, boosting the AUM.In the most recent full year of year of data, 2011, 1,108 RIA firms were formed with $561.38 billion worth of assets under management.We thought it would be interesting to see what cities had the most activity in creating new RIA firms in 2011 and how much money (measured in assets) was under management. (Note that there is a wide range of assets, depending on the individual starting the firm and the number and size of clients.)Here are the top ten cities based on a customized search of AdviceIQ/Meridian-IQ data bases.

    New financial advisory firms are popping up around the U.S., as veteran brokers leave big firms to build their own. These 10 are startup hotbeds.

  • Goldman's Viniar Stepping Down     Wednesday, 19 Sep 2012 | 7:14 AM ET

    CNBC's Mary Thompson reports Goldman Sachs is replacing CFO David Viniar, with incoming officer, Harvey Schwartz.

  • Last Call: Zuckerberg and Facebook Are Going Mobile Wednesday, 12 Sep 2012 | 2:30 AM ET
    Mark Zuckerberg

    Mark Zuckerberg gives his first interview since the Facebook IPO; Ex-JCP exec joins the GAP; Steve Wynn releases a scathing statement on Joe Francis and Ford may soon have a CEO succession plan.

  • Deutsche Bank to Cut Costs, Shrink Balance Sheet Tuesday, 11 Sep 2012 | 9:43 AM ET
    Deutsche Bank

    Deutsche Bank unveiled a new plan on Tuesday to survive in a less profitable investment banking world, saying it would aim for 4.5 billion euros in annual savings by 2015, and move 125 billion euros in assets to a non-core unit.

  • Last Call: Steve Wynn's Win Tuesday, 11 Sep 2012 | 1:08 AM ET
    Wynn Resorts Chairman and CEO Steve Wynn smiles during a news conference.

    Steve Wynn wins $20 million from Girls Gone Wild Joe Francis; GoDaddy suffers a denial of service attack; another Zynga departure and Moody’s cuts Panasonic debt rating.

  • Bair Worries About Inflation Risk     Monday, 10 Sep 2012 | 7:49 AM ET

    Former chair of the FDIC, Sheila Bair, continues her discussion on regulations; the future of the euro; and whether the Fed will be able to deal with inflation.

  • Time to Break Up the Big Banks?     Monday, 10 Sep 2012 | 7:31 AM ET

    Former chair of the FDIC, Sheila Bair, discusses how Dodd-Frank legislation gave regulators a process to deal with insolvent banks and weighs in on whether TARP worked.

  • Investment Banks Eye Europe Job Cuts Friday, 7 Sep 2012 | 2:24 AM ET

    Big investment banks in Europe, including Nomura, Credit Suisse and UBS, are stepping up plans to cut jobs as they seek to adapt to a drastic slowdown in revenues and tighter regulation, the FT reports.

  • Nokia and Motorola Get the Party Started Wednesday, 5 Sep 2012 | 10:57 PM ET

    Nokia and Motorola unveil new mobile phones; buzz is building for Amazon’s announcement tomorrow.

  • Dealing With Deal Shortage: Shafir     Wednesday, 5 Sep 2012 | 10:40 AM ET

    Mark Shafir, Citigroup co-head global mergers & acquisitions, discusses where bankers are looking to find deal flow outside of the nation's borders.

  • Deutsche Bank Turns Screw on Bonuses Sunday, 26 Aug 2012 | 10:11 PM ET
    Deutsche Bank

    Deutsche Bank has become the first global bank to introduce rules allowing it to strip staff of bonuses they earned at previous employers in the latest crackdown on pay. The FT reports.

  • UK Investment Bankers Prefer Singapore Sunday, 26 Aug 2012 | 9:10 PM ET

    Almost a third of UK-based investment bankers would rather work in Singapore, according to a survey that predicts that the center of gravity in the financial sector will shift towards Asia in the next decade. The FT reports.

  • The euro zone debt crisis is showing signs of reaching a solution and investors should be upgrading their outlook on U.K. banks, according to investment firm Liberum Capital.

  • Last Call: Wall Street Whale Watching Tuesday, 14 Aug 2012 | 11:41 PM ET

    A new round of 13-f’s reveals the moves some of the biggest investors are making; the NY Times gets a new CEO and NPD says restaurant traffic is stalling.

  • Last Call: Back to School Shopping & the Economy Tuesday, 14 Aug 2012 | 1:53 AM ET
    A girl shops at the Abercrombie & Fitch store in the San Francisco Shopping Center in San Francisco, California.

    Groupon falls to new lows after revenue falls short of estimates; a casino mogul faces inquiries regarding his China dealings and the Redbox founder leaves Coinstar.

  • Last Call: Money in Meatballs? What's Ikea Worth? Friday, 10 Aug 2012 | 2:22 AM ET
    Ikea

    A mixed day for the markets; ManU prices its IPO; Yahoo CEO makes her first big move; videogame sales fall again and Ikea reveals what its brand is worth.

  • Last Call: Monster Mashed Thursday, 9 Aug 2012 | 1:34 AM ET
    Cans of Monster Beverage Corp. energy drinks are arranged for a photograph in San Francisco, California, U.S., on Monday, April 30, 2012. Monster Beverage Corp. surged the most in almost eight years after the Wall Street Journal reported Coca-Cola Co. is in talks to buy the maker of energy drinks.

    Monster Beverage falls 13% after an earnings miss; News Corp drops after missing earnings; Zynga’s COO leaves the company and Yahoo begins its makeover.