City faces new EU challenge: Daily Wealth Letter

Reports — By on January 16, 2017 at 11:02 AM
Ian Brodie

Ian Brodie

Daily Wealth Letter

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

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

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NUMBER 376   MONDAY, JANUARY 16, 2017

City faces new EU challenge

While Brexit looms large over the public consciousness, another topic is attracting attention in the City of London as financial institutions gear up for one of the most far-reaching regulatory shake-ups they have ever faced, according to the BBC.  READ MORE: http://thewealthforums.com/2017/01/16/city-faces-new-eu-challenge/

Startling figures from Oxfam

Oxfam has been giving out the same message about wealth inequaility for some time, but its latest claim is startling. The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population, according to the charity, which warns of an ever-increasing and dangerous concentration of wealth.  READ MORE: http://thewealthforums.com/2017/01/16/startling-figures-oxfam/

BofA wealth management disappoints

Bank of America’s wealth management unit, which includes Merrill Lynch, turned in a mixed performance for the fourth quarter.  READ MORE: http://thewealthforums.com/2017/01/16/bofa-wealth-management-disappoints/

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

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