Wells Fargo/Gallup study: Investor optimism fell 18 points from a year ago

"While we do not see a recession in the near term, in many ways we are still recovering from the last one — which left a deep scar on many investors," says Wells Fargo's Tracie McMillion.

This content is reserved for our licensees.

Log In Register

HSBC channels Andean and Central American wealth clients to UBS

As part of a streamling, HSBC’s Peter Boyles announced that the bank expects up to 40 employees to be offered positions at UBS. Clients will be referred to UBS’s Wealth Management Americas division.

This content is reserved for our licensees.

Log In Register

Senior Goldman exec to take reins of Julius Baer’s Latin operations

Beatriz Sanchez is slated to replace Gustavo Raitzin, who has led the Julius Baer's Latin America effort since 2005, overseeing the firm's expansion in Latin America and broadening the business along a network of currently eight locations.

This content is reserved for our licensees.

Log In Register

UBS Wealth Management: Anxiety abounds among baby boomers approaching retirement

UBS's Paula Polito said that baby boomers, instead of 'living to work,' need to start 'working on living,' i.e. figuring out how they will fill their time and find their purpose once they leave the workforce."

This content is reserved for our licensees.

Log In Register

Credit Suisse offers gamut of third-party onshore and offshore funds to its Mexican clients

Credit Suisse Mexico's Nicolas Troillet says he finds the local-fund offering lacking in variety and said the private bank will offer clients both onshore and offshore solutions to meet their diversification needs.

This content is reserved for our licensees.

Log In Register

One of Brazil’s last large, independent multi-family offices scooped up by UBS

Swiss banks including Julius Baer Group and Credit Suisse Group are already well-positioned in Brazil and are wagering on continued expansion of the private-banking industry.

This content is reserved for our licensees.

Log In Register

Merrill Lynch trims divisions in executive shakeup

Don Plaus will lead Merrill Lynch's elite Private Banking & Investment Group, which caters to wealthy clients. He'll also oversee the firm's international business, according to news site On Wall Street.

This content is reserved for our licensees.

Log In Register

UBS names Velez head of Latin America wealth management

The Swiss bank said Velez would take on the role in addition to his current responsibilities as head of global ultra-high net-worth Latin America, effective immediately.

This content is reserved for our licensees.

Log In Register

UBS report reveals soaring investor optimism overall in early 2017

"Investors are more willing to move cash off the sidelines and increase investments, while business owners are set to increase capital spending and hiring," said Paula Polito, client strategy officer of UBS Wealth Management Americas.

This content is reserved for our licensees.

Log In Register

Wells Fargo’s advice for 2017: look beyond day-to-day volatility in global markets

If investors were looking solely at recent disruptive global events, "they wouldn’t have seen what was quietly happening in the background – nearly all asset classes were moving higher,” said Darrell Cronk, president of Wells Fargo Investment Institute.

This content is reserved for our licensees.

Log In Register