Sentence examples for gathered assets from inspiring English sources

Investors were shocked to find, from affidavits filed in his dispute with his estranged wife, that Jack Welch had gathered assets of some $500m from his 20-year stint at the helm of General Electric, and that he was being paid a pension of $7.5m a year plus free access to a corporate jet and a Manhattan apartment.

One of Mr. Gorman's predecessors, John L. Steffens, built his reputation by pushing Merrill's brokers to gather assets.

Mr. Picard argues that the defense should not apply to a trustee appointed under the Security Investors Protection Act to gather assets to compensate customers of a brokerage firm.

"The high-net-worth broker is paid by the transaction, while the old wealth manager was paid to gather assets and not push products," he added.

Clients in Asia and, to a lesser degree, the Middle East and South America, have fuelled massive growth in wealth management and triggered a race to gather assets among wealth managers.

That differs from the last few years, she said, when many of the mergers and acquisitions were about survival or private equity shops looking to gather assets before going public.

The goal is to gather assets for the benefit of all creditors of PFGBest, which means that some investors may be sued despite having lost money when the firm collapsed.

"Other insurance companies, mutual fund companies, 401(k) administrators, and even commercial banks may see it as an attractive product to gather assets" and as the accounts grow generate new customers for the mutual funds, he said.

Jonathan M. Landers of the Milberg law firm, who won the issue before Judge Stanton, expressed concern about the government's strategy of relying on the forfeiture process, which was primarily intended to deal with drug cases, to gather assets that may be in foreign jurisdictions.

Once a clubby, sleepy business, private banks the world over have become more aggressive in the race to gather assets.

Oil giants BP, Royal Dutch Shell and ExxonMobil plan to invest upward of $30 billion apiece this year to gather assets, either through the drill bit or through buying outfits that run out of cash and refinance options.