Western money managers are pouring into the Middle East in hopes of luring its fast-growing pools of petrodollars.
Fixed and variable annuity sales at banks rose to $4.2 billion in October, a 14% gain.
Peter Smyth is now senior vice president and director of strategy, development and operations for international wealth management.
Growth in U.S. payrolls slowed to a trickle and the unemployment rate increased significantly in December.
The inflows slowed substantially as investors poured more money into exchange traded funds.
But financial-services firms trimmed 5,000, marking the third decline in the last five months.
Catherine J. Weatherford, executive vice president and chief executive officer, will earn $370,000.
After an outcry from member B-D firms, FINRA proposed pushing back a section of the rule to Aug. 4.
Many investors found disclosures that advisers and B-D firms are required to provide are "problematic.”
