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Wealth Management 101: The Hidden World of Private Banking

Tom Spencer

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance. In simple terms, asset management firms are the ‘manufacturers’ of investment products (e.g., clients can purchase iShares on the RBC Wealth platform).

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Wealth Management: Building and Protecting Fortunes

Tom Spencer

The wealth manager will then work with the client to set financial goals and develop a plan to achieve those goals. This process may include developing a budget, setting short-term and long-term financial goals, and identifying any potential roadblocks that may prevent the client from achieving their goals.

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What is consulting?

Tom Spencer

Some people also call consulting a ‘talk-job’ – you go to the clients, you talk about what the ideal world scenario would be for a particular project, product or market, and your billable hours are sorted. Sales, Marketing, Production) and secondary functions (e.g. Finance, HR, Supply Chain, ICT, Legal).

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Housing Starts in China Plunge 25%; Did China's Property Bubble Finally Burst?

MishTalk

And developers are pulling back, furloughing workers and delaying new projects. You can’t predict how the bursting of a Chinese real estate bubble plays out because it plays out in very small steps,” said Joel H. “You Rothstein, a partner in the Beijing office of the Paul Hastings law firm who specializes in Asian real estate.

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Damn the Bubbles, More Printing Ahead; Property Bubbles and the Perils of Easy Money

MishTalk

Finance reports Yellen strongly defends easy Fed policies, cites U.S. labor slack Federal Reserve Chair Janet Yellen gave a strong defense of the central bank''s easy-money policies on Monday, saying its "extraordinary" commitment to boosting the economy, especially the still struggling labor market, will be needed for some time to come.

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Eternal Trust Number 37

MishTalk

As chief accountant for Yuncheng City Investment, a financing vehicle for the local government, Mr Qiao has played a crucial role in the development of this gritty steelmaking city in central China. per cent annual interest rate, his product, marketed as “Eternal Trust Number 37”, is not catching on with investors. Yeah, right.

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Credit Guarantees, Fraud, Corruption Fuel China's Credit Bubble; Bankruptcies Rock Loan Guarantors; Beginning of the End?

MishTalk

It could become the last straw that breaks the camel''s back," said Yan Yipan, the head of law firm Zhejiang Panyuan, which mainly deals with cases related to financing. Much of this credit may be tied up in the real estate market. Real estate speculators can obtain capital through credit guarantee firms.