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Daily Wealth Letter from The Wealth Forums

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Richard Moir, The Wealth Forums CEO

Richard Moir, The Wealth Forums CEO

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)


Canada’s wealth stagnates

A comprehensive measure of Canada’s national wealth shows it has been stagnant for decades and is too heavily dependent on housing and oil and gas, says a groundbreaking national report by the International Institute for Sustainable Development.  READ MORE: http://thewealthforums.com/2016/12/05/canadas-wealth-stagnates/

Private banking sold to Safra

Bank Hapoalim, Israel’s largest lender, said on Sunday it has entered into a deal for the sale of its international private banking business in Miami to Safra National Bank of New York for around $16.5 million.  READ MORE: http://thewealthforums.com/2016/12/05/private-banking-sold-safra/

Qatar buys San Francisco hotel

The Qatar Investment Authority has bought the St. Regis in San Francisco from Marriott International Inc. for $175 million, which will continue to operate under the Marriott brand, Reuters reports.  READ MORE:http://thewealthforums.com/2016/12/05/qatar-buys-san-francisco-hotel/


The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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