Baer Agrees to Buy Merrill Non-U.S. Wealth Units
Neither analysts nor investors appeared enthusiastic about the move.
Swiss Bank Baer Seen Close to Deal for Merrill Non-U.S. Wealth Units
Swiss money manager Julius Baer Group was reported to be close to a deal to buy the units that could be announced as early as Monday.
Barclays’ Diamond Blames Libor Fixing on Other Banks, Regulators
Moody’s cuts Barclays' outlook; investors may be on the hook for losses.
Morgan Deemed ‘Winner’ in Moody’s Bank-Rating Massacre
Fifteen banks in the U.S., U.K. and Europe with global capital markets operations saw their ratings cut by Moody’s, some by as many as three notches.
BlackRock to Plan Asia Investment Fund with CIC
BlackRock is said to be planning to launch an Asia investment fund together with China Investment Corp., China’s sovereign wealth fund.
Banks Report $31 Billion in Overdraft Fees in 2011 as CFPB Ponders New Rules
The amount has caught the attention of the Consumer Financial Protection Bureau, which is reviewing bank overdraft practices.
Sallie Krawcheck Joins Board of Gold Bullion International
Sallie Krawcheck, one of the financial industry’s most well-known—and controversial—executives has joined the advisory board of Gold Bullion International, the company announced Wednesday.
‘Too Big to Fail’ Banks Bigger Than Before Crisis
The five largest domestic banks now hold $8.5 trillion of assets, or 56% of the nation’s GDP, and are bigger than before the financial crisis.
Dividend ‘Bubble,’ Dow Cloud Earnings Season Outlook
Might we be in a dividend bubble? If the number of news accounts on the benefits of dividend-paying stocks, and the mountains of company cash, is any indication, one would most certainly say yes.
Succession Planning 201: How to Motivate a Newly Hired Advisor
Hiring a new advisor for your small(er) firm is one thing, keeping them motivated can be another. Here’s how to retain those new hires