T Rowe Price

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T. Rowe Price is a publicly owned investment firm that was founded in 1937 by Thomas Rowe Price, Jr.[1] The company provides investment services to individuals, financial intermediaries and institutions[1]

In 2011, T. Rowe Price reported revenues of $2,747,100,000.[2]

Financial crisis and bailout

Role in the financial crisis

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Bailouts

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Political influence

Campaign contributions

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Lobbying

Lobbying on financial reform

After the Bernie Madoff scandal SEC chair Mary Schapiro originally proposed stepped-up enforcement, including requiring 10,000 money managers to undergo surprise inspections to make sure they were acting according to regulations. However, following lobbying by T Rowe Price and other firms the SEC settled on approving a rule requiring only about 1,600 U.S. fund managers to submit to unannounced audits, 83 percent fewer than originally proposed.[3]

Revolving door influence

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Ties to financial regulators

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Profits, bonuses and market value

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Key officers and personnel

Management Committee

As of January 2013[4]

  • James Kennedy, CEO and President, T. Rowe Price Group
  • Brian Rogers, Chairman, T. Rowe Price Group
  • Edward Bernard, Vice Chairman, T. Rowe Price Group
  • William Stromberg, Director of Global Equity and Global Equity Research
  • Christopher Alderson, President-International Equity, T. Rowe Price International Ltd,Head of International Equity
  • Michael Gitlin, Director of Fixed Income
  • John Linehan, Head of U.S. Equity

Contact Inforation

Corporate Headquarters
T. Rowe Price
100 East Pratt Street
Baltimore, Maryland 21202

Phone: (410) 345-2000

References

  1. Jump up to: 1.0 1.1 "Company Overview", organizational website, accessed January 2013
  2. T. Rowe Price, "2011 Annual Report", organizational document, page 15.
  3. Wall Street Waits as SEC Fails to Bring Madoff-Inspired Reforms, Bloomberg News, December 30, 2009
  4. "Leadership", organizational website, accessed January 2013