Personal Finance News & Articles

Beware Impossible Demands of Ultra-Rich Clients, Barclays Says

The world’s richest clients often come with “impossible demands,” push margins down and cause internal conflict with investment banking colleagues, said the vice chairman of Barclays Plc’s wealth management unit.
Insurance Agents Oppose Fiduciary Standard in Comments to SEC

The staunchest opposition to a universal fiduciary standard that would put clients’ interests first isn’t from securities brokers. It’s from insurance agents, comments to the Securities and Exchange Commission show.
Worker Contributions to Health Premiums Jump 14%, Kaiser Says

Worker contributions to employer- sponsored health-insurance premiums rose an average 14 percent this year to about $4,000 for U.S. families as employers shifted more costs to employees, the Henry J. Kaiser Family Foundation said.
This Time It's Different, as Emerging Stocks Top World

Emerging-market stocks are trading at the highest valuations relative to advanced-country shares in more than two years as faster economic growth persuades the biggest investors to look past historical sell signals.