Archive for Dodd-Frank SmartBlogs
Paul E. Purcell, chairman, CEO and president of Robert W. Baird & Co., sees a lot of positive signs in the financial markets industry. U.S. banks are better capitalized than their European counterparts. Individual investors have come back to the bullish stock market. Robust energy markets are leading to the “re-industrialization” of America, he noted Tuesday during a Q&A at the SIFMA Annual Meeting.[…] Continue Reading »
Research firm Cerulli Associates forecasts that more than 25,000 financial advisers will retire or leave the industry by 2017. How the industry copes with that lost was a hot topic of a breakout session about individual investor advice Tuesday at the SIFMA Annual Meeting.
“I don’t think we’re doing nearly enough as an industry to address this problem,” said John Taft, CEO of RBC Wealth Management-U.S.[…] Continue Reading »
BlackRock CEO Larry Fink was a featured speaker at the SIFMA Annual Meeting Tuesday in Manhattan. During his appearance, Fink shared numerous nuggets of wisdom with the audience, including these 10 key takeaways:
- If it wasn’t for Washington, the U.S. economy would be stronger and there would be more foreign investment in the U.S. “Our economy is based on principles … one of those principles is strong government.
For a man who claims he doesn’t want to be president, Jeb Bush certainly thinks he has the cure for everything that ails the United States. In a candid appearance at the SIFMA Annual Meeting on Tuesday, the former Florida governor shared his ideas on a whole litany of issues, including Wall Street reform, immigration, education, the Affordable Care Act and the dysfunction in Washington.[…] Continue Reading »
Globalization was quite the buzzword when Bill Clinton was in office. But to hear the former president speak today, it sounds like it is the aftermath of globalization that is wreaking havoc in many parts of the world.
“We live in the most interdependent time in history,” Clinton explained. “Isolation is not an option.”
Clinton took the stage Monday before a packed audience of Wall Street bankers at the SIFMA Annual Meeting and discussed the challenges facing the financial industry and the global economy.[…] Continue Reading »