Daily Wealth Letter from The Wealth Forums 10 June 2016

Markets, Reports — By on June 10, 2016 at 12:14 PM
Ian Brodie

Ian Brodie

DAILY WEALTH LETTER

 a daily synopsis of wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

NUMBER 228  THURSDAY,  JUNE 9,  2016

UBS overhauls US division

UBS is planning to eliminate some management positions in its U.S. wealth-management division.  READ MORE: https://thewealthforums.com/2016/06/10/ubs-overhauls-us-division/#more-4112

Two escape fines because unregistered

Two UK wealth managers have been banned from working in the financial markets ever again, after the City watchdog ruled they “lack integrity.”  READ MORE: https://https://thewealthforums.com/2016/06/10/two-escape-fines-because-unregistered/#more-4109

Singapore fund buys Irish telecoms stake

GIC, Singapore’s sovereign wealth fund and one of the world’s largest global investors, is to take up to a 16 percent stake in Eir, purchasing up to €230 million of the telecommunications company’s shares at a price of €232 per share.  READ MORE: https://thewealthforums.com/2016/06/10/singapore-fund-buys-irish-telecoms-stake/#more-4104

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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