12/24/2015
The Swiss Bank Program, which was announced on Aug. 29, 2013, provides a path for Swiss banks to resolve potential criminal liabilities in the United States.
12/24/2015
I am passionate about attracting more women to our industry
12/24/2015
This is not to say that advisors should ignore the short term, but they’d be well served to pay more attention to where the industry is going long-term, or at least three to five years from now.
12/23/2015
We can focus on the myriad challenges facing the business of private wealth management, but I hope you expect nothing less of me than to think of the clients first.
12/22/2015
JP Morgan has admitted disclosure failures and will pay the SEC $267 million in penalties and disgorgement.
12/22/2015
Chief Executive Officer Victor Dodig has sought to expand CIBC’s U.S. wealth-management business, earmarking as much as C$4 billion $2.87 billion as recently as October to pursue takeovers.
12/21/2015
Roughly 70 of 300 brokers left for UBS in recent months
12/21/2015
All members of a team meeting the hurdles will individually receive payouts based on what the team’s highest producer receives, UBS says
12/18/2015
Change is bank’s latest push to compete for clients who have millions of dollars in assets
12/17/2015
Rules-based “sweep” developed in response to banks’ compliance with Basel III guidelines
12/16/2015
Those who take the offer must remain at Wells Fargo for 13 years to earn the full payout of bonuses tied to the agreements, much longer than the industry’s typical nine-year deal
12/14/2015
CIC shifts focus to US investments after Canadian assets hit by energy and mining downturn
12/14/2015
As the anchor office tenant in the Tower at Kenwood Collection, Merrill Lynch will have signage on the south side of the building.
12/11/2015
A hundred and nine innovative minds from 23 colleges and universities across Canada. Twenty-four innovative ideas proposed in one day. But only one team can be named RBC's Next Great Innovator - or maybe not?
12/10/2015
Scepter is a standing syndicate of ruling families, ultra-high-net-worth industrialists and sovereign wealth funds. Headquartered in Bermuda
12/10/2015
Financial advisers need to be watchful and proactive, because the unraveling of a team can be ugly
12/09/2015
So how best can wealth and asset management firms work to keep the trust they’ve initially built?
12/08/2015
The firm did not disclose terms, underscoring the difficulty industry insiders have had judging whether the deal was worth it.
12/08/2015
Wells Fargo reached an agreement in October with Credit Suisse Group AG to get the inside track on recruiting the Zurich-based company’s private-bank employees.
12/08/2015
The key is doing a deal that is not a conventional sale of an accounting practice.