Family Offices Battle to Manage Ultra-Rich Clients

Aug. 6 (Bloomberg) -- Ascent Private Capital Management, a new unit of U.S. Bancorp, was the second fastest-growing money manager in the world catering to wealthy families in 2012, according to Bloomberg Markets' annual ranking of family offices. Michael Cole, head of Ascent, is determined to make Minneapolis based U.S. Bancorp, the fifth-largest U.S. lender, a contender in the market for high-end financial services. The ranking is featured in the September issue of Bloomberg Markets magazine. Bloomberg's Maureen Damer reports. (Source: Bloomberg)

Creating Consumer Buzz With Human-Like Robots
56:09 - Characters like Disney's WALL-E are easy to fall in love with and not just because they're cute. They're easy to relate to thanks to their human-like mannerisms and emotions. San Francisco-based Anki has created ‘Cozmo’, a quirky toy robot that uses sophisticated machine-learning algorithms to simulate human emotions. In an interview with Bloomberg North’s Anthony Lacavera, Co-Founder and CEO Boris Sofman talks about the future of robotics and what’s next for Anki. (Source: Bloomberg)
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