Johnsons get new posts on Fidelity board
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Fidelity Investments yesterday disclosed new posts for two children of its 76-year-old chairman, Edward C. Johnson III, positioning them to have a greater say in the future of the Boston mutual fund giant founded by the Johnson family in 1946.
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Blog: Former employee of Fidelity National Information Services subsidiary sells a data broker records containing info on 2.2 million bank accounts, 990,000 credit cards.
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Putnam Investments on Friday promoted a  veteran bond manager to head its investments groups, marking  the latest personnel changes as the mutual fund company works  to improve performance at many of its funds.
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Ten more partners of Testa, Hurwitz &amp; Thibeault gave their notice last weekend, the Boston law firm confirmed yesterday, prompting speculation across the city's legal community about the future of a firm that once dominated high-tech and venture capital legal advice in this region.
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Database administrator hustles info to marketeers Fidelity National Information Services, the major US financial processing company, said today a senior level database administrator at one of its subsidiaries stole 2.3 million consumer records containing bank account and credit card information as well as other personal information.â¦
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The Jefferies Group, the brokerage firm, has agreed to pay about $9.7 million to settle charges that it gave $2 million worth of gifts, travel and entertainment to equity traders employed by Fidelity Investments to win business, the Securities and Exchange Commission said yesterday.
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Fidelity Investments and several brokerages that handle the mutual fund giant's trading have received subpoenas from regulators seeking information about gift-giving practices in the mutual fund industry, according to a published report Tuesday.
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Fidelity Investments, one of the last prominent downtown Boston-based companies, is negotiating to buy the former FleetBoston Financial Corp. headquarters building at 100 Federal St. for at least $500 million, according to real estate executives briefed about the deal.
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A new Fidelity Investments research institute said it has established a $50,000 annual prize to be awarded for published economics research bearing on retirement and other financial security issues. The Boston mutual fund giant set up its Fidelity Research Institute recently as part of its broader focus on policy matters related to retirement and an aging population. The institute said ...
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Fidelity Investments will pay $3.75 million in fines for supervisory failures, including allowing traders to accept gifts like Super Bowl tickets and chartered flights, NASD, the brokerage industryâs main regulator, said yesterday.
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Fidelity Investments yesterday said it is set to administer the University of California&#39;s multibillion-dollar retirement plans, in a deal that for the first time has a public university using a single retirement record ...
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The firm is bringing its style of banking to new high-growth markets.
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Some 25,000 Merrill Lynch employees are now using the Wealth Management Edition as part of a test-run partnership.
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Fidelity Investments said it appointed Scott W. Dell'Orfano executive vice president and national sales manager of Fidelity Registered Investment Advisor Group. The group is one of the largest providers of custody and brokerage services to independent registered investment advisers. Separately, Fidelity said Penelope A. Dobkin was named portfolio manager of Fidelity Advisor Diversified International fund, succeeding William C. Bower, who ...
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Fidelity Investments filled in a piece of its upper management puzzle yesterday, naming an outsider to run several key divisions -- though not its core mutual-fund operations.
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Fidelity Investments Monday said it will provide individual investors with bond-market quotes and retail brokerage commission schedules on bond transactions.
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Fidelity Investments pays its mutual fund managers handsomely to do one thing: outsmart the stock market.