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Effectively communicating impact and investee stories are also crucial to gathering assets.
Then it moved to the financial adviser gathering assets and the investment manager selecting other managers to invest clients' money.
The lawsuit against the bank was filed under seal on Dec. 2 by Irving H. Picard, the bankruptcy trustee gathering assets for Mr. Madoff's victims.
The federal investigation echoes claims in a 2010 lawsuit against the bank brought by Irving H. Picard, the bankruptcy trustee gathering assets for Mr. Madoff's victims.
She emphasized that neither federal prosecutors nor the trustee gathering assets for Madoff victims had charged him with any illegal conduct.
Cash losses in the fraud are estimated at $20 billion, but Irving H. Picard, the trustee gathering assets for victims, cautioned that the losses - like the amount recovered - could rise as he continued his negotiations with Mr. Madoff's investors.
Similar(38)
It's not just weak performance that is hurting Merrill's asset management business; it's the cost of gathering those assets.
After a decade of concentrating on gathering customer assets without keeping a sharp on eye on costs, Merrill is under pressure from shareholders to show that its brokerage business can slim down and become more profitable.
It is the cost of gathering those assets.
And they may be gathering IP assets that could provide offensive or defensive tools down the road – patents.
The role of the alliance was that of a service provider, choreographing the intricate ballet of combat aircraft, in-flight refueling planes, information-gathering assets and warships.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com