Finance News

Manulife Cuts 250 Jobs in Asset Management and Wealth Unit

Financial firms are continuing to reduce headcount in response to mounting economic and geopolitical uncertainties, higher rates and a slower pace of dealmaking.

logo.png  By NB  Nov 15, 2023

Envestnet to Rollout Retirement Savings Program

The new program was developed in collaboration with retirement services provider Empower, and should be available “within the next quarter or two.”

logo.png  By NB  Nov 15, 2023

Snowden Lane Exceeds $1B in Recruited Assets in 2023

The seventh breakaway advisor to join Snowden Lane this year, William “Trey” Jones III managed $230 million at Merrill Lynch.

logo.png  By NB  Nov 14, 2023

11 Must Reads for Real Estate Investors (Nov. 13, 2023)

CBRE President and CEO Robert Sulentic said office real estate values could fall another 10% before reaching their nadir. The Wall Street Journal looked at the rise in distress among mezzanine loans. These are among the must reads from the real estate inv

logo.png  By NB  Nov 14, 2023