Updated Friday, July 31, 2015 as of 1:04 AM ET
Credit Suisse to Focus on Wealth Management
Scaling back the investment bank in favor of managing money for rich clients would mirror the approach of UBS, the bank's larger Swiss rival.
More in Boutiques
The departure comes as the British firm prepares to transition its advisors over to Stifel, which is acquiring Barclays’ wealth management operations. more »
Will the trickle of advisors leaving Barclays for rival firms turn into a flood? more »
The advisor managed nearly half a billion dollars in client assets while at Barclays. more »
Barclays lost another team, this time to Morgan Stanley, while its deal to sell its U.S. wealth management operations to Stifel is pending. more »
Assets under management have surged for some of the biggest U.S. wealth managers, according to new data from Scorpio Partnership. See who topped the list this year. more »
The moves represent another blow to Barclays, which lost five advisors in advance of a pending deal to sell its U.S. wealth management operations to Stifel. more »
Big producers are increasingly breaking recruitment records. Here's the latest, so far. more »
Some advisors might land a sizable payout, according to documents seen by On Wall Street. more »
Barclays may fetch $150 million to $250 million for its U.S. wealth unit, according to analysts at Credit Suisse Group. more »
Two veterans left the wirehouse this week for different firms, including Janney Montgomery Scott. more »
Ted Cruz's wife Heidi is taking an unpaid leave to join the campaign of the Republican presidential candidate. more »
A wealth manager with 30 years of experience left Citigroup Global Markets to join the year-old Lebenthal Wealth Advisors as a producing branch manager. more »
Two advisors left Barclays to join regional bank First Republic. more »
The June Issue is now online!


TWITTER
FACEBOOK
LINKEDIN

Industry Events

November 3, 2015 | The Broadmoor Hotel in Colorado Springs, Colorado

November 4, 2015 | New York Hilton Midtown, New York, NY

November 12, 2015 | Salt Lake City, Utah

February 10, 2016 | Marriott Harbor Beach Resort, Ft. Lauderdale, Fla.

Already a subscriber? Log in here