wealth

By Lananh Nguyen NEW YORK (Reuters) – Bank of America Corp created a new group in its global wealth and investment management division to focus on lending to rich clients, …

By Luc Cohen NEW YORK (Reuters) – Tom Barrack, a former private equity executive and fundraiser for Donald Trump, wants evidence of his wealth, spending and lifestyle excluded from his …

By Anshuman Daga SINGAPORE (Reuters) – Credit Suisse, which has been buffeted by a string of scandals, management changes and global strategy rejigs, is still betting big on China and …

‘Widen The Racial Wealth Gap’: Economist Breaks Down Effects Of Biden’s Student Loan Scheme Harold Hutchison on August 23, 2022 An economics professor from Johns Hopkins University said during a …

(Reuters) – Citigroup Inc is planning to hire 500 employees over the next three years for a new wealth division, Bloomberg News reported on Tuesday, citing an interview with the …

By Simon Jessop LONDON – Three quarters of the world’s sovereign wealth funds now have a formal policy on environmental, social and governance investing, yet just 30% have set a …

By Xie Yu HONG KONG – The wealth management arm of Swiss bank Pictet Group is buying Chinese equities again more than 18 months after it shunned the asset class, …

(Reuters) – Trevor Milton, the billionaire founder and former chief executive of Nikola Corp has asked a federal judge to block evidence related to his “wealth, lifestyle or spending habits” …

Mariella Foley and Michael Fischer of Round Table Wealth Management win national industry awards Tweet this Five Star Professional conducts market-specific research to recognize wealth management professionals who consistently show a …

By Selena Li HONG KONG – Citi has appointed Valentin Valderrabano as its new chief operating officer (COO) for Citi Global Wealth, effective in July, according to an internal memo …

MILAN -Mediobanca on Wednesday ruled out the prospect of a wealth management acquisition in the immediate future, after reporting higher than expected quarterly results thanks to contributions from all its …

(Reuters) – AMP Ltd said on Thursday its Australian wealth management business logged another quarter of cash outflows as it continued to lose investors amid market uncertainty due to the …

OSLO – Norway’s sovereign wealth fund is currently unable to sell its portfolio of Russian stocks as the market for such assets is not functioning and many firms are on …

Veteran team with $850 million AUM joins from UBS  INDIANAPOLIS, April 29, 2022 — Sanctuary Wealth, home to the next generation of elite advisors, continues to build its national presence …

SHANGHAI – China’s banking and insurance regulator on Friday published draft rules regulating internal control and management at wealth management companies. Such rules included that wealth management companies should not …

(Reuters) – Russia is considering spending around 107 billion roubles ($1.34 billion) from its National Wealth Fund (NWF) to recapitalise flagship airline Aeroflot, the Interfax news agency reported on Wednesday, …

By Stefanno Sulaiman and Gayatri Suroyo JAKARTA – Indonesia’s sovereign wealth fund on Thursday signed two agreements to invest in toll roads on the islands of Sumatra and Java worth …

HONG KONG – Citigroup Inc said on Tuesday it appointed Angel Ng to lead its Asia Pacific global wealth management business. Ng, currently Citigroup’s Hong Kong chief executive, will oversee …

FRANKFURT – Deutsche Bank has nominated Yngve Slyngstad, the former head of Norway’s sovereign wealth fund, to its supervisory board, Germany’s largest lender said on Friday. Slyngstad was chief executive …

– The London Stock Exchange Group entered into a $1 billion deal to sell a wealth technology platform to a consortium of investors, Sky News reported on Monday. LSEG will …