Updated Sunday, March 1, 2015 as of 4:00 PM ET
Julius Baer Advises Clients to Switch Out of Franc Cash Holdings
Julius Baer Group is advising clients to switch out of Swiss franc cash accounts, saying it will refrain for now from emulating competitors by imposing new fees on such deposits.
More in Global Investing
Commodities headed for the biggest annual loss since the global financial crisis in 2008, retreating for a record fourth year. more »
The largest U.S. ETF that tracks mainland Chinese stocks posted a record eighth week of inflows amid speculation that easing of monetary policies will help extend equity gains in Asia’s biggest economy. more »
Here’s an early Christmas present for the economists of Wall Street. more »
When it comes to the ability of the U.S. government to finance itself in the bond market, this year will go down as as one of the best on record -- and dealers say 2015 will be no different. more »
The president's decision to bolster ties with the island nation will likely give banks relief from sanctions, as well as expanded opportunities for money transfers and the financing of U.S. exports. more »
Wealth management profit increased 41% to C$285 million from a year ago as fee-based client assets rose, while insurance more than doubled to C$256 million. more »
Royal Bank of Canada is exiting wealth management in the Caribbean, extending a retreat in its international wealth business that began last year in Latin America. more »
The Internal Revenue Service issued two items of guidance Wednesday in response to the need for charitable and other relief due to the Ebola outbreak in West Africa. more »
Despite a decrease in profit in its wealth management division, Credit Suisse Group, Switzerland’s second-biggest bank, reported third-quarter profit that beat analysts' estimates as revenue from trading fixed- income products soared. more »
The global economy faces its biggest test of confidence since the European sovereign debt crisis as investors fear it’s running out of engines. more »
Investors betting on a rebound in Russian stocks are piling into the benchmark exchange-traded fund for the market at the fastest pace in six months. more »
Gold investors saw their precious metal struggle last year after hitting an all-time high in 2011—today many advisors remain bearish. more »
Commodities fell to the lowest level in more than five years on signs demand growth is weakening in China, the biggest consumer of energy and metals, and on speculation U.S. borrowing costs may rise next year. more »
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