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The funds helped the firms offset diminished revenue and preserve jobs, executives say.
July 8
Jacob Gottlieb, whose $8 billion fund shuttered amid an insider trading scandal two years ago, received a $150,000 to $350,000 loan for his new shop.
July 7
Some advisors have questioned the ethics of taking the loans, intended to help small businesses keep their employees on payroll.
July 6
The central bank is now the third largest holder of the $54 billion iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD).
July 1
The industry outranked asset classes including private equity and venture capital, which have historically ranked higher in a Credit Suisse survey.
June 30