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Related News

  • Putnam Cuts 12 Money Managers as Assets Sink 39% (Update2) (Bloomberg)     
    Nov. 17 (Bloomberg) -- Putnam Investments fired 12 money managers after assets fell 39 percent in the past year, joining Fidelity Investments and Janus Capital Group Inc. in contracting amid the steepest stock-market losses since the 1930s.
  • Ex-Siemens Managers Confess to Get Suspended Sentence (Update2) (Bloomberg)     
    Nov. 18 (Bloomberg) -- Two former Siemens AG managers on trial in Germany for helping to organize bribery payments may receive suspended sentences after they confessed to the crimes.
  • Putnam cuts fund managers (Boston Business Journal)     
    Putnam Investments cut 12 money managers from its ranks and will shed more jobs as it merges several mutual funds amid an exodus of retail client assets, according to published reports.
  • 19-11-2008:- Ex-Siemens managers may get suspended sentence (The Edge Daily)     
    MUNICH: Two former Siemens AG managers on trial in Germany for helping to organise bribery payments may receive suspended sentences after they confessed to the crimes.