All articles by BBR Staff
BBR Staff
Impact of new SEC rules on single-family offices in US
The Securities and Exchange Commission (SEC) adopted new rules in June 2011 under the Dodd-Frank Wall Street Reform and Consumer Protection Act which poses significant institutional challenges to US family offices as financial details about the privacy-conscious clients will be exposed.
Citigroup’s risky investments duped investors, says a report
The media is flooded with reports of open insurrection against top management over risky investments within Citigroup.
Higher wealth tax for wealthy Austrians a matter of fairness
Austrian Chancellor Werner Faymann is in favour of higher wealth taxes as he believes that it is simply a matter of fairness.
Wealthy women make most philanthropic decisions, finds BofA Merrill Lynch Study
Women are the sole decision maker, or an equal partner in decisions, when it comes to charitable giving in nearly 90% of high net worth households, according to a report by the Bank of America Merrill Lynch 2011 Study of High Net Worth Women’s Philanthropy.
Bank of America to hire 160 financial advisors in Southern California, Arizona
Bank of America has announced that it will hire more than 160 Merrill Edge Financial Solutions Advisors (FSAs) across Southern California and Arizona by the end of first quarter 2012.
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Trillium Software launches FATCA Compliance service for financial industry
Trillium Software, a business of Harte-Hanks, has launched Trillium FATCA Compliance Data Assessment, a service to assist financial institutions to prepare for compliance with the Foreign Account Tax Compliance Act (FATCA).
Edgar Online launches latest version of Risk Analysis System
The American company specializing in financial data, analytics and disclosure management services, Edgar Online, has launched the latest version of its I-Metrix professional risk analysis technology, called I-Metrix Enterprise.
FSA fines Transact GBP3.5 million for client money breaches
The Financial Services Authority (FSA) has fined Integrated Financial Arrangements, the firm behind Transact, a UK based technology firm providing platforms to the financial industry, GBP 3.5 million for failings in the protection of client money.
To generate returns, diversify portfolio and add-ons, says CIO Credit Suisse
To generate returns in a challenging environment for the next year investors need to have a diversified portfolio with strategic add-ons, says Stefan Keitel, chief investment officer (CIO) of Credit Suisse asset management and private banking business, in an interview.
DeVere Group to expand presence in Middle East
As a part of its global expansion strategy, Swiss financial advisory firm, deVere Group, plans to open offices in Qatar, Lebanon and Turkey by the first quarter of 2012.