01/27/2012
There are no changes to the ownership or control of Eagle or the Eagle Family of Funds resulting from Riess’s retirement, or any material change in investment advisory or portfolio management services provided by Eagle.
01/27/2012
Swiss Private Bank agrees to sale amid U.S. Tax-Evasion crackdown
We are determined to see the legal negotiations through to the end. At the same time, it is our duty to guarantee our clients and staff the greatest possible security.
01/26/2012
Throughout the decades, Americans have elected very wealthy men to the White House without any fanfare. Yet with record rates of unemployment that many are experiencing over a period of years, the issue of class in the U.S. has gained a new significance.
01/26/2012
Managers including ex-Gartmore employee Guillaume Rambourg, former Barclays Capital commodities trader Todd Edgar and Sutesh Sharma, a senior proprietary trader at Citi are amongst those trying to raise capital for new businesses.
01/26/2012
For 66 years, they lay unseen, first in a vault on the Upper West Side, more recently in a special cabinet.
01/25/2012
The Lunar New Year of the Dragon begins at midnight on Sunday.
01/25/2012
The survey of about 1,000 individuals with $250,000 or more in investable assets is conducted every six months, and the full results should be released in February.
01/25/2012
As part of the strategic partnership, which will offer Alexandra & James an array of services, Dynasty Financial Partners will provide the capital to help A&J add advisors to its wealth management firm.
01/24/2012
The person asked not to be identified because Dimon’s total compensation for 2011 hasn’t been announced.
01/24/2012
Moynihan, 52, is relying on cuts after mortgage losses and U.S. regulation drained revenue last year. In the first part of his plan, dubbed Project New BAC, the CEO announced 30,000 job cuts from consumer banking, credit-card, home loan and support operat
01/24/2012
Floyd Schwartz of Newport Beach, CA has been honored with a recognition by Orange Coast Magazine in its selection of "2011 Orange County Wealth Managers."
01/24/2012
It's a leaner, sexier Bank of America...
01/23/2012
Dimon’s pay package last year consisted of $1 million in salary, a $5 million cash bonus and $17 million in stock and options. JPMorgan increased his salary in March to $1.5 million.
01/23/2012
Morgan Stanley is close to selling a British wealth management unit to private equity firm...
01/22/2012
The SEC’s new family office rules exclude single-family offices from all Advisers Act regulation. It is important to note that multi-family offices are explicitly excluded from the exemption.
01/22/2012
This change reflects two fundamental alterations of basic regulatory philosophy: a determination that advisers to such funds must register with the Securities and Exchange Commission (the “SEC”) unless covered by a specific exemption from regi
01/22/2012
Hedge funds typically promise investors that they will return to their highest levels after a fall before they can resume charging performance fees, which typically amount to about 20 percent of all gains.
01/22/2012
Overall, the report found that the total number of billionaires around the world has increased from 1,100 in 2007 to 1,340 today.
01/22/2012
The survey, which was conducted in 2011, involved 40 single-family offices in the U.S. and Europe whose median asset size was $534 million.
01/22/2012
The survey, which was conducted in 2011, involved 40 single-family offices in the U.S. and Europe whose median asset size was $534 million.