Factors to watch on Sept 17

September 17, 2015 4:49 AM

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Recurrent client questions about the effect of the European credit crisis and Swiss banking problems on their accounts led a six-person brokerage team at UBS AG's UBS Wealth Management Americas in Worcester, Massachusetts to join Raymond James & Associates early this month, the head of the team said Wednesday.

Phoenix Group Holdings, Britain's largest consolidator of closed life funds, is in talks to buy smaller rival Guardian Financial Services in a deal that could cost over 1 billion pounds ($1.6 billion), Sky News reported on Wednesday. Swiss Re AG's closed life funds arm, Admin Re, is also among compa...

Also read: Swiss see opening for finance sector in British exit from EU

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