"The market for the rarest and most exclusive bottles remains strong," says Sotheby's executive.
The firm also reached a confidential agreement with former executive Jes Staley.
US dollar is gaining strength and some analysts expect it to go further.
Some investors are concerned about industry and even financial system risk.
100 companies are in the sights of powerful alliance of investors.
The unit helps asset managers and hedge funds outsource trading desks.
Wall St. firm says demand for luxury items is set to slow.
The company is cutting fees on two fixed-income exchange-traded funds.
Both new products would focus on the fixed-income market.
The Wall Street firm wants a bigger slice of the wealth management pie.
