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Bank of New York Mellon

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Guggenheim Partners Reveals Plan to Buy Claymore Group

The Claymore Group, known for its large-scale ETF operation in partnership with Bank of New York Mellon, may soon be under new ownership. Guggenheim Partners, which manages more than $100 billion in investor assets, plans to buy the firm to expand its operations from personal financial servicing to exchange-traded funds. Claymore Securities, the name of [...]

July 31, 2009 ETF.comNo Comments »

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Financial ETFs Seesaw on White House Discussions

On TARP changes and proposed Wall Street regulation, financial ETFs are seesawing against news originating from Washington DC. The financial sector experienced volatility upon news that more TARP borrowers want to repay the government, as well as the White House’s proposal to create a new “compensation czar” to oversee Wall Street earnings. Banks saddled with [...]

June 8, 2009 ETF.comNo Comments »


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