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UBS AG should consider splitting its investment bank from the wealth management and Swiss banking businesses, shareholder Knight Vinke Asset Management LLC said.

The Securities and Exchange Commission named Andrew J. Bowden director of its national exam program, replacing Carlo V. di Florio who is leaving next month to join the Financial Industry Regulatory Authority.

Globally, exchange traded products are scooping up assets on a faster pace than in 2012, according to BlackRock’s April 2013 ETP Landscape Report.

Independent broker-dealers and RIAs have the edge over wirehouses when it comes to adding mutual fund assets under management, according to Access Data and Strategic Insight.

SEC chairman Mary Jo White made no comment Friday on what new reforms for the money market fund industry will come out of her administration, except that its proposal will be “appropriate and balanced.”

The Goldman Sachs chief is bullish on China, calls proposals for taxes on financial transactions "screwy," and believes that his firm needs to do a better job of repairing its image.

Tax season has come and gone, yet the run of outflows from municipal bond mutual funds dragged into its ninth straight week, at $391 million.

Putnam Investments has some advice on what not to say on Twitter to avoid regulatory scrutiny.

SEC chairman Mary Jo White made no comment Friday on what new reforms for the money market fund industry will come out of her administration, except that its proposal will be “appropriate and balanced.”

The human side of financial planning has been somewhat overlooked among some advisors who have tended to limit their interactions with clients to providing financial advice. The high-touch approach could become a "growing market niche" for advisors.

Speakers and attendees alike had plenty to say about the merits of an active management approach to investor assets at the annual conference of he National Association of Active Investment Managers. Check out some of the smartest things overheard at the conference.

The Lloyd Blankfein Show

Goldman Sachs Group chief executive Lloyd Blankfein said China needs ‘bigger equity markets” if it hopes to continue its “pretty impressive growth” of the last two decades.

There are a number of issues advisors should make sure are addressed before putting a client in international equities.

Emerging Global Advisors (EGA) is in the process of registering several actively managed ETFs investing in emerging markets, under the umbrella of the EGA Emerging Global Shares Trust.

M&T generated $546 million in wealth management income in 2012, nearly three times the $187 million it produced prior to the acquisition of the trust company powerhouse.

Independent broker-dealers (IBDs) and RIAs have the edge over wirehouses when it comes to adding mutual fund assets under management, according to Access Data and Strategic Insight.

Robert Sharpe joined Heartland Advisors in the role of co-portfolio manager of the International Value Fund (HINVX), which invests in smaller equity dividend-payers in developed and emerging markets.

The Securities and Exchange Commission has charged the trustees, chief compliance officer and fund administrator of a pair of mutual fund trusts with causing untrue or misleading disclosures about the factors they considered when approving or renewing investment advisory contracts on behalf of shareholders.

LPL Financial added Ingham Retirement Group to its broker-dealer and RIA custodial platforms.