Stanley Fink was stepping down at the British money manager and futures brokerage firm amid declining returns in the industry.

Waterhouse Brokerage Firm As mergers change the broker landscape, choosing the best one is more important than ever. Some industry experts say the current round of consolidation is just heating up. After hundreds of trades and countless clicks, we've run 21 brokers through their paces and ranked them on everything from stock picking to trading tools. Still, the picture may get worse before it gets better. Morgan Stanley reported strong third-quarter profit in a further sign that the changes put in place by its chief executive, John J.