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News Briefs

Bank of America to acquire U.S. Trust
Country’s second-largest bank out to become its biggest private wealth manager.
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African Millionaire Boom
Number of affluent individuals on the rise.
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Fonts of Philanthropy
Entrepreneurs more generous than those who inherit money.
more »

Alpha Leaders
UK asset managers are top European alpha generators.
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Affluent Women Let Down
Financial seminars and newsletters disappoint.
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Hedges Edge Up
Fund index rises in September.
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Ready to Sell
Women entrepreneurs plan ahead—but not enough—to exit their business.
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Swiss Banks’ Earnings Grow
Trading and service sector revenue offsets drop in conventional banking.
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North American Wealth Falters
Assets under management growth lags that of other regions.
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Where Advisors Fear to Tread
Poll reveals taboo topics that wealth managers avoid at their peril.
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Philanthropy 101
New workshop offers hands-on guidance.
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It’s Whom You Know
Personal connections rank high in philanthropy.
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