Managers of Wealth Americas

Credit Suisse is considering paring back its onshore U.S. wealth management business and expanding in Asia as part of a revamp of its private banking, a Swiss newspaper reported.

Duncan-Williams expands private client group

In keeping with its company-wide expansion plans, Duncan-Williams has announced that it has added a new branch office in Akron, Ohio.

Wealthy investors stick to hedge funds even with 3.4% returns

Almost half of Leslie Quick’s personal portfolio is dedicated to hedge funds, a position he’s increased this year even as the lightly regulated asset pools have returned less than 4 percent.

Blackstone chief calls for flat-rate income tax

Blackstone Group LP Chief Executive Stephen Schwarzman called Wednesday for a flat tax in the United States to create an "inherent sense of fairness," according to an interview he gave on CNBC.

Bofa to maintain Merrill broker pay structure

The move seeks to dispel any concern among advisers, and speculation among outsiders, that Darnell might shift the pay of brokers to a salary and bonus format, in which compensation could be awarded based on management discretion.

Swiss bankers, US government square off over Credit Suisse

Credit Suisse will most likely get a helping hand from the Swiss government in the bank’s ongoing tussle with the U.S. to ensure the secrecy of its clients.

Evercore Wealth establishes Midwest office

Renasant acquires RBC's Birmingham unit

The acquisition by Renasant will not affect the separate trust operations of RBC Wealth Management in the US or RBC Trust Company.

TD Global Wealth 3Q Results Buoyant Despite TD Ameritrade's Decline

A world without growth is a possibility

Executive salaries to rise but bonuses remain in check, says PwC

Raymond James Financial Reports July Operating Data

“July operating results were solid given the uncertainty in the market caused by Congress’ inability to effectively deal with the debt ceiling,” stated CEO Paul Reilly.

Wealth and Asset Management

Left behind in America: Who's to blame for the wealth divide?

How Today's Field Measures Up To The 10 Richest U.S. Presidents

JPMorgan seeks profit pampering rich branch clients

Wealthy American sellers turn to property auctions

Combined Net Worth of Social Media Tycoons Near $100bn - study

Credit Suisse may exit US wealth management - paper