05/23/2012

Power to Asia’s women

Yet few women in Asia make it to the top. Social norms undervalue girls and women, with sex-selection abortions resulting in an estimated 1.3 million girls per year not being born in China and India alone.

05/23/2012

UBS will merge wealth mgmt, investment Offices - HZ says

Ulrich Hoffmann, currently head of operations in the wealth management unit, will lead the combined department, which will have 7,000 workers, the Swiss newspaper reported in a pre- release of an article to be published tomorrow.

05/22/2012

City gender pay gap hits 21pc

Women working in the City earn 21pc less than their male counterparts, new figures on the gender pay gap show.

05/22/2012

Wells Fargo plans asset-management expansion abroad

The firm will add foreign stock and bond strategies to its U.S.-based mutual-fund unit, open six more Luxembourg-based funds for offshore clients and wrest business from competitors, Niedermeyer said.

05/21/2012

Opening the Spigot for the Heirs

That's a shame, because things didn't have to get so bitter. Even with rates low, there are some ways for trusts to produce steady, decent-sized payments.The heirs to America's fortunes are growing impatient.