Kraus as CEO Fails to Stop AllianceBernstein���s Fund Redemptions

who left, we knew we were taking some risk, he said. AllianceBernstein LP is majority-owned by French insurer Axa SA. The firm earned $427.1 million in 2010, a decline of 26 percent from the previous year. Revenue climbed 1.4 percent to $2.95 billion....