Meredith Whitney Shuts Down Brokerage
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- Meredith Whitney shut down her brokerage firm the today, following three unprofitable years. She has moved on to managing her own hedge fund, a long/short fund called Kenbelle Capital. Whitney rose to fame during the financial crisis for her prescient predictions on the state of the banking industry.
- CIBC announced a revamp of their online trading platform for do-it yourself investors with a new ETF center and research from Morningstar and Thomson Reuters.