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)
NUMBER 256 TUESDAY, JULY 19, 2016
Italian bank crisis could destroy euro
When other countries such as the UK, Ireland and Spain ran into trouble, they bit the bullet and cleaned up their banks quickly. Italy did not. READ MORE: http://thewealthforums.com/
B of A revenue plunges thanks to wealth management
Bank of America, the second-biggest US bank by assets, said second-quarter profit fell 21 percent as the firm took an accounting charge and posted a decline in wealth-management revenue. READ MORE:http://thewealthforums.com/
Surge in UK equity release
Retired UK homeowners cashed in more than £934m of property wealth in the first six months of the year, as a buoyant housing market continued to boost retirement incomes, according to Key Retirement.READ MORE: http://thewealthforums.com/
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