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)
THURSDAY, JULY 21, 2016
Unmasking the real Wolf of Wall Street
The U.S. Justice Department is seeking to seize more than $1 billion in assets including real estate, art and proceeds from the “Wolf of Wall Street” movie that it says were illegally acquired with money diverted from the embattled Malaysian development fund known as 1MDB. READ MORE:http://thewealthforums.com/
Too small to play at BoA
Bank of America’s wealth unit is losing financial advisers who cannot meet performance targets because their books of business are too small, Chief Executive Brian Moynihan said. READ MORE:http://thewealthforums.com/
Abu Dhabi fund still upbeat on China, India
The Abu Dhabi Investment Authority remains focused on China’s and India’s long-term growth prospects, even after emerging markets were hit last year by a slowing global economy. READ MORE:http://thewealthforums.com/
The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.
Please feel free to forward The Wealth Letter to others.