09/05/2022
Rockefeller’s Greg Fleming urges caution on equities for rest of 2022
Veteran banker warns that rates could remain as high as 4% for ‘six to 12 months’
Comment, Analysis & Research
09/02/2022
Analysis-Citigroup's Russia exit removes one obstacle for CEO, but challenges remain
She also has to simplify Citigroup’s business structure and exploit its competitive advantages with a core group of institutional and retail clients to boost medium-term returns.
09/02/2022
Wells Fargo cutting 75 jobs in Des Moines, the ninth round of local layoffs since April
The company will lay off 13 workers at the 801 Walnut St. office in downtown Des Moines.
09/01/2022
Junior bankers are jumping ship from Goldman Sachs over complaints of late nights, paltry bonuses, and feeling 'unappreciated'
The analysts and associates were members of the ultra-elite Wall Street bank's healthcare investment-banking team, and represented about one sixth of the team's junior workforce in New York.
08/30/2022
It’s People, Not Simply Assets, Behind the ‘Great Wealth Transfer’
If you understand the people caught up in the 'Great Wealth Transfer'—if you align your outreach with their habits and goals—you can position yourself to grow with them in the years to come.
08/30/2022
Research Reveals Top Considerations and Concerns for Middle Market Business Transitions
Fifth Third Private Bank, National Center for the Middle Market Announce Business Owner Transition Research
08/26/2022
Rich men like Jeff Bezos to Sergey Brin leave their wealth in the hands of women
Brin's family office, Bayshore Global, named 35-year-old Goldman Sachs alum Marie Young as chief investment officer in January.
08/24/2022
$75m superyacht linked to Russian steel billionaire auctioned off in Gibraltar
The vessel was seized in March under sanctions imposed on Moscow over the war in Ukraine
08/24/2022
Three-quarters of Wall Street’s junior bankers want to quit their jobs: survey
Indeed, 86% of junior bankers said they had to take days off due to the stress of their grueling responsibilities.
08/19/2022
In Spite of Everything, Asset Managers Are Still on a Hiring Binge
Private markets are the most active aus the largest managers build teams to reach high-net-worth investors.
08/19/2022
Younger investors want to retire earlier with guaranteed income
But are their expectations realistic and are the right products available for them to achieve their goals?
08/15/2022
JPMorgan CEO Jamie Dimon told wealthy clients there's a chance the US is heading into 'something worse' than a recession, report says
The categorization is an apparent downgrade from Dimon's previous comments in June when he warned of an "economic hurricane.
08/12/2022
Ultra-wealthy investors are pouring their money back into stocks, according to elite Tiger 21 membership club
Members of Tiger 21—a membership network for ultra-high net worth entrepreneurs, investors and executives—are pivoting toward stocks despite concerns about the shape of the economy.
08/11/2022
US inflation heading in right direction, but rate hikes still on the cards
It may be too early to declare victory yet as much of it will depend on the outlook for energy costs, but this is very much a step in the right direction.
08/10/2022
Inflation slowed in July, showing Fed's rate hikes are working
"Other prices — including prices of online goods and airline fares — dropped in July and consumers report they expect lower inflation in the months ahead, which are all signs of a potential turnaround in the inflation picture."
08/09/2022
UBS launches new client initiative providing access to the Small Business Administration's Paycheck Protection Program
UBS has currently made over 2,200 referrals of PPP loans to date, which represents over $1 billion of loans.
08/05/2022
More than numbers: Why asset management firms are on the move
The financial considerations are powerful enough — and fairly straightforward.
08/04/2022
US-China tensions over Taiwan – our current scenarios
US House Speaker Nancy Pelosi’s visit to Taiwan and China’s aggressive responses compel us to put forward our medium-term scenarios for the US-China relations and the stability of the Taiwan Strait.
07/29/2022
US recession risk remains as Fed seeks to tame inflation
After its latest rate rise, the Federal Reserve has signalled the pace of hikes could slow.
07/29/2022
USA – land of the not so ESG?
This all comes off the back of US states also looking to stem divestment from fossil fuel industries.