12/04/2015
David Silfen, Goldman’s Former Equities Co-Head, Dies at 69
In his new role, Silfen was instrumental in building the firm’s equities derivatives business
12/04/2015
Merrill Lynch 2016 Comp Changes Focus on Smaller Advisors
Those who do not could see their upfront cash pay drop over 8 percent, depending on which new production range they fall under.
12/04/2015
Morgan Stanley to Recruit Credit Suisse''s Latin America Brokers -- 2nd Update
The transition is expected to be completed in the first half of next year.
12/04/2015
Wealth boutiques to merge
The combined business will offer discretionary, advisory and execution-only services. The core offering will be bespoke management.
12/03/2015
In October, the Swiss-based bank said that it would close its U.S.-based private equity operations
12/03/2015
The central location at Three Pacific Place in Admiralty ensures Guernsey Finance is well-positioned to meet with Hong Kong-based practitioners and others from around Asia.
12/03/2015
Comes despite £34bn outflows
12/03/2015
Trademark Filing Cites Auction Services; Brokerages For Art, Yachts And More
12/03/2015
Wealth manager believes it can grow despite the rise of computerised financial help
12/03/2015
“Consistent with our growth strategy, this well-respected unit meets our highly selective parameters for cultural and strategic fit, ability to integrate and value,” said Raymond James CEO Paul C. Reilly. “
12/03/2015
The tiny nation wants to become “the European location of choice” for global financial services firms, and is already the biggest centre for fund management in the EU
12/03/2015
BTG seeks buyer for private banking arm
Also up for sale is a controlling stake in parking-lot company Allpark Empreendimentos Participacoes e Servicos SA, which could sell for about 1.5 billion reais, two people with knowledge of the situation said this week.
12/02/2015
Ex-bankers challenge wealth management dominance
You would expect the founders of a successful independent wealth management business to question the old sales and distribution model of its bank-owned rivals
12/02/2015
Morgan Stanley is pulling a surprise move -- and Wall Street loves it
Few investors expected the firm to aggressively restructure its FICC division, according to Hawken.
12/02/2015
Morgan Stanley: It’s All About Wealth Management Now
Potential EPS Impact: Assuming no revenue impact and holding all else equal, an 80% efficiency ratio, and the 25% reduction in FICC staff results
12/02/2015
"This deal enables me to enjoy a capital event now whilst remaining very active in the business. It secures the future of the business for its clients and key staff from our existing location.
12/02/2015
Strengthens global trading and transition management services
12/02/2015
Thiam, recruited in July to rebuild investor confidence in Switzerland’s second-largest bank
12/02/2015
Aberdeen is pursuing the deal even as client redemptions accelerate amid weakening emerging markets sentiment, Sky News learns.
12/02/2015
Millennials Signal Disruption for U.S. Wealth Industry With Greater Demand for Automated Robo-Advisors