The richest people on Earth got richer in 2014, adding $92 billion to their collective fortune in the face of falling energy prices and geopolitical turmoil incited by Russian President Vladimir Putin. Read more FULL REPORT Advertisements
The underlying picture of economic weakness that has not only worsened but has spread to the core economies raises the question of how Europe can possibly grow its way out of the debt crisis.. roubini.com
Facebook’s No. 2 executive, Sheryl Sandberg, will reap a fortune in its stock offering. And she hasn’t stopped telling the world how women should take responsibility for their careers… Source: http://www.nytimes.com
Twenty-five years ago, Forbes began to pursue the world’s billionaires. The magazine’s annual list netted a record 1,226 billionaires this year, worth a total of $4.6 trillion. Because Bubbe has been ragging you to marry up, Jspace has profiled the 17 Jews of Forbes’ list worth more than $10 billion. Source: http://www.forbes.com Larry Ellison: Net […]
According to a report out today ranking the world’s 20 biggest wealth managers. BofA took the top spot with $1.944 trillion in assets in private banking followed by Morgan Stanley with $1.628 trillion and UBS AG with $1.559 trillion. The increase in AUM for the private banking industry was helped primarily by market gains which […]
The Giants, Fastest Growing And Emerging Talent. Fee-only and hybrid financial advisors are growing bigger and faster at the expense of their wirehouse counterparts.
Surprised? Many are. Not long ago BofA had the worst capital levels among its big bank peers but today the bank reported a Basel III Tier 1 capital ratio of 8.97%–beating JPMorgan Chase, Wells Fargo and Citigroup. FULL STORY