Financial - Industry Center - Yahoo Finance
- AIGReuters•3 hours ago
Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor's firm and a source familiar with his plans said that he is exploring launching his own hedge fund. At the same time Vincent Intrieri, another long-time Icahn executive who also sits on boards on behalf of the activist investor, retired from the firm, the source said. Merksamer had since 2008 been a managing director at Icahn Capital, a unit of Icahn Enterprises LP, and served on the boards of more than a dozen companies on his behalf, according to biographies on corporate websites.
- MSReuters•7 hours ago
Morgan Stanley gave some wealth management clients incorrect information on taxes that caused some to underpay and others to overpay, according to a regulatory filing on Monday. The bank is setting aside ...