05/14/2014

Pimco troubles hit Allianz's net profit

Allianz SE's said Wednesday that first-quarter net profit fell 4% as a weaker contribution to earnings from its asset management business outweighed falling claims costs and revenue gains.

05/12/2014

Julius Baer gaining new foothold in the Netherlands

Julius Baer has acquired a well-established business in the Netherlands. Merrill Lynch has run wealth management activities in this market for more than 50 years shifting its focus to private banking and servicing high net worth individuals in the early