To gain a strong position in the wealth-management business, Bank of America planned in 2007 to acquire U.S. Trust Corporation, an investment firm that manages investments for high-net-worth individuals.
Thirdly, other studies show that differences in saving patterns and in the wealth position may be caused by differences in earnings, which can be related to differences in socio-economic characteristics among migrants (cultural background, different skills, etc).
I had a high-level executive position in a wealth management office in Philadelphia.
But the statement by the National Conference of Catholic Bishops, titled "Global Climate Change: A Plea for Dialogue, Prudence and the Common Good," also asserts that the United States, because of its wealth, its position in the world and its record as a heavy producer of heat-trapping, or greenhouse, gases, must play a special role in protecting the planet.
Egan's court documents claim that: "Defendant, Bryan Jay Singer manipulated his power, wealth, and position in the entertainment industry to sexually abuse and exploit the underage Plaintiff through the use of drugs, alcohol, threats, and inducements which resulted in Plaintiff suffering catastrophic psychological and emotional injuries.
And even after his conviction, when he was forced to step down from his role at Soundview — the source of his wealth and his position in the community — he took the cash from the sale of Soundview's assets and distributed it to his family and supporters, prosecutors said in court papers last month.
I also happen to know that many economists have a large fraction of their wealth in a long position in the "housing services" industry.
In addition, an asset index based on 17 items of individual and household wealth was used to capture variation of socioeconomic position in the developing-country setting [32].
National Australia Bank's ambitions to substantially increase its position in Australia's wealth management and life insurance market were dealt a major setback on Monday, when the country's competition authority blocked its $12.2 billion bid for the Asia Pacific operations of the French insurance giant AXA.
