Swiss private banking firm Julius Baer Group is aiming to reduce its combined staff base by up to 17% in more than 50 locations, following the acquisition of Merrill Lynch's international wealth management business outside the United States.
Bill O'Neill, chief investment officer for Europe, Middle East and Africa at Merrill Lynch Wealth Management believes that Spain's bailout is a formality following the latest moves by the ECB on eurozone sovereign debt.
Swiss bank Julius Baer Group has revealed it is in discussions with Bank of America Corp concerning Merrill Lynch's international wealth management business outside the United States.
Bill O'Neill, chief investment officer, Merrill Lynch Wealth Management EMEA, discusses the likelihood of a Greek exit from the eurozone.
Camradata Analytical Services and BofA Merrill Lynch Global Research have launched ESG Geographic Portfolio Analysis to help institutional investors identify environmental, social and governmental (ESG) exposure in their international exposures.
Now that concerns surrounding the "disorderly" collapse of Eurozone sovereign debt markets are dissipating, investors have found a new worry - the rocketing oil price.
Merrill Lynch Wealth Management has appointed five financial advisors to its Middle East operations to be based in Dubai and Beirut having poached several new staff from HSBC Private Bank.