North America
North America | 8 Dec 15
SEC to accuse Credit Suisse of inflating private bank assets
The US Securities and Exchange Commission (SEC) is reportedly set to accuse Credit Suisse of misleading investors by improperly inflating reports of the assets under management in its private bank.
Corruption probe takes down Brazilian investment chief exec
The chief executive and chairman of Latin America’s largest independent investment bank, Grupo BTG Pactual, resigned on Sunday after he was jailed the previous week as part of a sweeping corruption probe, reports Reuters.
North America | 19 Nov 15
Canadian investors wary of fee-based only financial advice
The vast majority (88%) of Canadian investors would like to determine for themselves how they pay for financial advice after indications that banning third-party commissions in the UK and Australia has led to an advice gap.
Investment | 17 Nov 15
ANALYSIS: Bulls on parade, but beware an earnings shock
The latest BofA Merrill Lynch Fund Manager Survey has found reignited appetite for risk amid expectations of a December Fed rate hike, but are investors being premature?
Investment | 5 Nov 15
Asset managers shrug off pessimism on US equities
Fund manager sentiment towards US equities had been negative for much of this year, with most asset management companies expecting a negative return over the next 12 months. But their outlook has brightened in October. Fund selectors have also started to be more constructive about the asset class.