06/16/2014
Royal Bank of Canada's wealth management division, Canada's biggest player in the high net worth arena, is on the lookout for acquisitions to grow its presence in alternative assets, particularly real estate, and beef up U.S. distribution.
06/13/2014
The offers are being made for hires to Ameriprise's advice and wealth management division, which consists of brokers in both the firm's independent and employee divisions, and serves clients with more than $1 million in investable assets.
06/11/2014
James Tomilson Hill, the Blackstone Group LP vice chairman who runs the company’s $58 billion hedge-fund business, has emerged as a billionaire as the world’s largest private-equity firm and his art collection have surged in value.
06/09/2014
Pine Grove, an employee-owned fund with offices in New York and Summit, N.J., has about $1 billion in assets under management. About two-thirds of its assets under management are from institutional investors, primarily based in America.
06/09/2014
Hedge fund billionaire Carl Icahn became the largest shareholder in Family Dollar Stores Inc. after reporting a 9.39 percent stake in the company on Friday, and said he may seek representation on its board.
06/06/2014
Bank of America Merrill Lynch has named a new head of global credit and special situations, based in New York, following the retirement of Merrill Lynch veteran Graham Goldsmith – the latest senior change at the top of a leading fixed-income busines