129 articles found within the last year.
Displaying results 121 - 129
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UBS to cut about 2,000 in US wealth management
UBS plans to cut roughly 2,000 jobs in ... The layoffs, expected to occur next week, are ... The cuts in the US are expected to ... Last Thursday, UBS Wealth Management US head Marten ... In the US, UBS had 8,182 financial advisers ... In March, UBS said it would sell up ... Shares of UBS recently traded up 21 cents,...
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UBS Wealth Management US plans lay offs
UBS' US brokerage business plans to lay off ... UBS Wealth Management US head Marten Hoekstra disclosed ... Hoekstra told the financial advisers that, just because ... A UBS spokesman declined to comment about the ... In recent weeks, analysts and industry observers have ... Last month, UBS said it would sell off...
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Goldman Sachs promotes Rominger to CIO
The head of Goldman Sachs Asset Management's fundamental ... Eileen Rominger will take overall charge of GSAM's ... According to an internal memo, GSAM has created ... Steve Barry, co-chief investment officer of growth equities, ... At the same time, Goldman Sachs has also...
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Asset management M&A dips in Q1
Mergers and acquisitions in the asset management sector ... Analysts at Jefferies Putnam Lovell, who track M&A ... There was a big jump in the value ... In a statement accompanying the figures, Aaron Dorr, ... Since the end of the quarter, Barclays has ... One asset management chief executive, involved in dealmaking,...
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Charities fear their funding crisis can only get worse
The three virtues – faith, hope and charity ... If past recessions are anything to go by, ... Renu Mehta, founder of Fortune Forum, a charity ... Nearly a thousand charities in the UK shut ... Sixty one per cent said they were concerned ... A spokeswoman from Oxfam said: “Each pound that...
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US buyout firm is new 'master of the universe'
A US buyout firm has acquired the rights ... Boomerang Media, a portfolio company of Chicago-based private ... GTCR is managed by Eric Ellenbogen and John ... Financial details were not disclosed. ... At the height of the buyout market in ... Industry trade body The British Private Equity and...
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Bridgewater joins queue for PIPP involvement
Bridgewater Associates, whose founder Ray Dalio was the ... Bridgewater, which manages around $80bn (€58.9bn) in assets ... The client note said: "We might be interested ... Bridgewater manages funds for investors including world governments ... Dalio, who founded Bridgewater 30 years ago, was...
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Pay cuts hit hedge fund staff
Staff at hedge funds suffered a 16% cut ... The average total pay cheque in the industry ... The dramatic drop in compensation reflected the 19% ... One respondent to the survey, said: "The whole ... The survey, whose initial findings were published online ... Hedge fund chief investment officers earned, on average,...
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Fitch cuts Berkshire Hathaway credit rating
Fitch Ratings cut its credit ratings on Berkshire ... The rating agency has been reviewing ratings of ... Fitch said Berkshire's potential earnings and capital volatility ... Shares of Berkshire, owned by billionaire investor Warren ... The firm does consider the diversity of Berkshire's...
