Sentences with phrase «big brokerage houses»

There was a lot of lobbying by the insurance companies, by the big brokerage houses, because they didn't want this to go into effect..

For Bank of America, which this year bought Countrywide Financial, the troubled mortgage lender, the purchase of Merrill puts it at the pinnacle of American finance, making it the biggest brokerage house and consumer banking franchise.

Not exact matches

Its buildings and those of its commercial tributaries — Lexington and Madison Avenues — housed prestigious law firms, big advertising agencies, headquarters of national and international corporations and branch offices of downtown banks and brokerage houses.

That's because many of the so - called nonbank banks — some of the big credit - card companies and brokerage houses, for instance — have based their own business plans on growth within the entrepreneurial marketplace, in large part because that segment of the economy has been ignored by much of the banking community for years.

Banks are reluctant to take the risk, venture capitalists want to almost take full control and major brokerage houses make larger profits through bigger deals that close faster.

Assuming you used a discount brokerage house like Charles Schwab and paid about $ 9 per trade, you'd be looking at a $ 63 fee right off the bat, and no costs thereafter as you collected your big oil dividends without any interference from a third - party middleman.

A media company of the future might be quite different - instead of a huge editorial titan providing its own content with salaried content creators (a biz model that's already seeming pretty tired), I can see something more like a brokerage house which arbitrates relationships between hundreds of big money advertisers and millions of small free content websites.

The House hearing came six months after the Federal Reserve Board and the U.S. Treasury published a proposed rule that would define real estate brokerage and management as financial activities and thus permissible lines of business for big national banks.