Tag Archives: middlemen

India paying welfare directly, aiming to end fraud

NEW DELHI (AP) — India will pay billions of dollars in social welfare money directly to its poor under a new program that aims to cut out the middlemen blamed for the massive fraud that plagues the system. Continue reading

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As Big U.S. Bond Dealers Retreat as Middlemen, Smaller Firms Step Up

As bulge-bracket dealers scale back their roles as middlemen in bond trading to conform to new regulations and corporate strategies, a host of smaller broker-dealers have been scurrying to fill the void. Continue reading

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