08/20/2012
“There used to be this moat that created a great business model for Swiss banks -- it’s gone,” said Friedman, who was hired into the newly-created CIO position by former UBS Chief Executive Officer Oswald Gruebel in March 2011.
08/20/2012
Charitable contributions rose by 15 percent; Carbon dioxide emissions lessened by 24,500 metric tons
08/20/2012
Bankers across the Atlantic, including former Barclays Plc CEO Robert Diamond and Peter Sands of Standard Chartered Plc, have been muted by allegations that their firms rigged interest rates or were involved in money laundering.
08/19/2012
The report has many highlights in all areas.
08/19/2012
Poacher Turned Gamekeeper
He is the former chief operating officer of UBS Private Wealth Management who was sidelined during a management shuffle.
08/16/2012
New Programs provides a risk-free assessment for CPA firms aiming to expand wealth management services
08/15/2012
Why don't wealth management firms do more to protect families from financial predators?
08/15/2012
Those headlines may tempt novices to test the art market. And this is where many investors can get into trouble.
08/15/2012
The new ownership also enables us to leverage the complementary nature of our activity with other businesses in the group, notably RBC Capital Markets and RBC Wealth Management. We look forward to being able to provide clients with holistic solutions that
08/12/2012
Approximately two thirds of IWM AuM are from clients domiciled in growth markets in Asia (more than half), Latin America and the Middle East.
08/12/2012
Julius Baer's acquisition of the loss-making unit means that about half of all the Swiss bank's clients will be in faster-growing emerging markets - chiefly Asia but also Latin America and the Middle East - up from around one third now.
08/09/2012
Triad Financial ranks No. 15 on The Business Journal's Largest Financial Planning Firms list. It has had 24 employees overall, including four certified financial planners.
08/09/2012
Swiss private bank close to deal to buy Merrill Lynch's Non US wealth units
A full announcement is expected on August 13th.
08/09/2012
Financial advice is a tricky sell in the Valley. The place is full of Ph.D.s with problem-solving skills, an unusually strong aversion to fees, and no clue what to do with their money.
08/09/2012
The dinner meetings will be held three times a year, Wharton and IPI said in a statement. After the New York dinner, the next gathering will take place in March in San Francisco.
08/08/2012
It is unclear why the discussions fell through, although one of the sources said he believed it was because the two companies could not agree on pricing and succession.
08/08/2012
Year-to-date 2012 net interest income totaled $8.7 million, a 21% increase over the prior year.
08/08/2012
Canaccord Wealth Management generated $37.6 million in revenue and, after expense allocations, recorded a net loss of $7.3 million before taxes in Q1/13
08/07/2012
Morgan Stanley has told investors its wealth management business, weighed down by an expensive merger integration and a tough market environment, can deliver mid-teens pre-tax profit margins.
08/06/2012
The assets that FMP supervises grew 30 percent to $2.6 billion as of Dec. 31, just behind Signature, a Norfolk, Virginia-based family office that expanded 36 percent in 2011 to $3.6 billion.