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/
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://
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/
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