-
By Marlene Y. Satter, AdvisorOne |
May 3, 2012
This week in new hires, Davis Polk welcomed back Kim Harris and Nevada Mohammed joined Citi Private Bank’s Vancouver office.
-
By Marlene Y. Satter |
February 23, 2012
Bank of America is setting its sights on China. After adding both staff and profit in its initial efforts there, it sees more opportunity in the huge Chinese economy than it does in other areas, where it is slashing staff and shuttering branches.
-
By Marlene Y. Satter, AdvisorOne |
December 30, 2011
Falling factory activity in China, mirroring lower demand both among domestic and foreign customers, may force Beijing to turn to growth policies to keep its economy revved up.
-
By Marlene Y. Satter, AdvisorOne |
December 5, 2011
In November, HSBC purchasing managers index fell from prior month.
-
By Gil Weinreich, AdvisorOne |
November 2, 2011
The report's authors cite Dutch banking giant ING Groep’s pending sale of its U.S. banking franchise ING Direct to McLean, Va.-based Capital One Financial Corp as a paradigm for such asset sales, since European regulators forced ING to restructure.
-
By Marlene Y. Satter |
November 1, 2011
China saw its official purchasing managers' index drop to 50.4 in October from 51.2 in September, against expectations that it would gain ground instead. Beijing's National Bureau of Statistics said the fall was because of troubled U.S. and European economies. The index came in at its lowest level since February...
-
By Janet Levaux, AdvisorOne |
October 28, 2011
Barclays Wealth said Friday that it recently hired six advisors, including one from Merrill Lynch and one from BofA-U.S. Trust in New York, Boston, Dallas and Miami.
-
By Janet Levaux, AdvisorOne |
October 5, 2011
Barclays Wealth said Wednesday that it had hired three advisors for its Latin American ultra-high-net-worth operations, while Baird announced on the same day that it had picked up two advisors in San Francisco. On Monday, Raymond James employee-channel added a top producer in Houston.
-
By Robert Bloink, Esq., LL.M., William H. Byrnes, Esq. |
September 14, 2011
More bank stock declines and less lending could be in store as financial institutions face another massive round of lawsuits. The Federal Housing Finance Agency sued 17 banks on Sept. 2, alleging that the financial institutions committed securities violations in the lead-up to the recent financial crisis.
-
By Janet Levaux, AdvisorOne |
August 23, 2011
UBS said Tuesday it planned to cut staff by 3,500 as part of its overall plan to trim about $2.5 billion from its yearly expenses by the end of 2013 “to improve operating efficiency.”
