Fidelity parent names president

Article Abstract:

FMR, which owns mutual-fund firm Fidelity Investments, has appointed a new president named James Curvey after having left the position unoccupied since 1986. Curvey was named chief operating officer in May 1997 as FMR tried to bolster its ailing public image, fund manager piracy, and dull performance. Curvey also formerly lead the venture-capital unit Fidelity Capital. Fidelity has started to focus on investment management after it left other businesses. Curvey's appointment has resulted in gains for the company.

Comment:

Has appointed a new president named James Curvey after having left the position unoccupied since 1986

Article, FMR Corp.

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Brokerage fires woman in bias case

Article Abstract:

Morgan Stanley Dean Witter has fired Allison Schieffelin, the woman who filed bias charges against the investment bank in Nov 1998. According to company spokesman Ray O'Rourke, Schieffelin was dismissed for 'insurbordination and inappropriate behavior.' The action comes as the Equal Employment Opportunity Commission intensifies effort to file a lawsuit against Morgan Stanley on behalf of Schieffelin and other women in the company's institutional equity unit.

Investment Banking and Securities Dealing, Personnel administration, Investment Banking, Morgan Stanley

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Cantor battles back from tragedy

Article Abstract:

Cantor, Fitzgerald and Co. returns to business. After the loss of 657 employees at the World Trade Center disaster, company president Howard Lutnick remembers those who were lost as the company struggles to carry on.

Strategy & planning, Investment advice, New York, Company Profile, Cantor Fitzgerald L.P.

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