BlackRock to Buy BGI, Creating Behemoth [WSJ]

Goldman's commercial bank days numbered? [The Deal]

Online Providers Are Likely to Beat out Full-Service Investment Firms for Rollover Assets [Cogent Research via BW]

Leave exec compensation to boards, not lawmakers, SIFMA says [InvestmentNews]

People

Navigators Hires Bruce J. Byrnes as General Counsel, Chief Compliance Officer [Navigators]

Dr. Quincy Krosby Joins Prudential Annuities as Chief Market Strategist [Prudential via BW]

Merrill vet jumps ship to lead Clearbrook Financial [InvestmentNews]

Signal Hill Adds Three Senior Investment Bankers [Signal Hill via BW]

Lincoln Financial Names Thomas P. O'Neill COO of Lincoln Financial Distributors [Lincoln via PRN]

Financial Officer Is Hired by Yahoo [AP via NY Times]