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Smith Barney Name Retires From Wall Street After 75 Years

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    FBN’s David Asman on Morgan Stanley’s decision to drop the Smith Barney name.

  • Duration 0:47
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And here's your Fox Business free from Wall Street closing at session lows today despite some encouraging reports of the US economy.

Hawkish comments from Philly Fed president Charles Plosser sparking an afternoon selloff.

Today marks the worst day for stocks so far this month.

And in the wake of the Libor rigging scandal the British Bankers' Association says it's gonna hand over the responsibility to regulators have been necessary.

BCA will support the recommendations from the managing director of the financial services authority Martin Wheatley.

Was expected to unveil a new regulatory life or structure later this week.

And after 75 years Smith Barney is retiring from Wall Street the venerable brokerage name is being dropped by.

New majority owner Morgan Stanley investment bank is instead using its own Morgan Stanley and wealth management.

And that is the latest from the Fox Business Network giving --