Legg Mason CFO says firm may cut funds, offices
March 5 (Reuters) - Legg Mason Inc's chief financial officer said the Baltimore fund firm may trim the number of funds it offers, and the 32 offices it operates, but does not expect major cost-cuts like those it already made in recent years.
Legg Mason CFO Pete Nachtwey said the firm will provide more details of ongoing reviews in coming months. He spoke at a financial conference in Boston sponsored by Citigroup Inc, which was webcast.
- Missing jet may have strayed toward Andaman Sea: Malaysian air force |
- Malaysia military source says missing jet veered to west |
- Ukraine appeals to the West as Crimea turns to Russia |
- Toddler found with heroin at New Jersey daycare center
- Exclusive: EU approves framework for asset freezes, travel bans on Russia