Julius Baer in talks for $2bn BofA unit
Swiss bank in talks with BofA to acquire international wealth management business, with about $90bn of assets, the US bank acquired in its merger with Merrill Lynch
Financial Times
European advertising spending off target
European advertising spending off target
A slump in Spain, Portugal and Greece will almost bring overall growth in the region's media market to a halt, with eurozone woes hitting marketing budgets
Insurance products too complex, says Aegon
Insurance products too complex, says Aegon
Chief executive admits the industry suffers from a credibility problem because of its opaque savings and investment offerings to consumers
EU plan to cap bank bonuses could backfire
EU plan to cap bank bonuses could backfire
Banks could dodge new rules and distort the market by raising basic pay, shifting operations away from Europe or promoting second-rate people
