| | UBS agrees to scoop up some HSBC clients in Latin America | | ZURICH (Reuters) - HSBC has reached an agreement to refer some of its Latin American private banking clients, primarily in Central America and the Andean region, to Switzerland's UBS, according to an internal memo seen by Reuters. |
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Falcon Private Bank changes CEO, chairman also leaves | | ZURICH (Reuters) - Falcon Private Bank Chief Executive Walter Berchtold has left the Swiss bank and been replaced by board member Martin Keller, while Chairman Christian Wenger is also stepping down, Falcon said on Wednesday. |
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Investors balk at U.S. T-bill supply on default worries | | NEW YORK (Reuters) - Investors uneasy about a possible failure to increase the U.S. debt ceiling gave a cold shoulder on Tuesday to $20 billion worth of Treasury debt that will come due when the government might be out of cash if the ceiling is not raised by late September. |
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Itaú Asset hires Camara to lead portfolio solutions: source | | SAO PAULO (Reuters) - Itaú Asset Management has hired Eduardo Camara Lopes to lead portfolio solutions, a person with knowledge of the matter said on Tuesday, as Brazil's No. 2 money manager bets on strategies tailored to the risk profile of both large and small clients. |
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