Survey finds wealthy investors hold 25% of their holdings in cash
The drop is described as a natural correction, given market conditions
UBS reports Toronto is the second most overvalued market in the world
Family offices look to increase allocations to real estate, private equity in anticipation of a downturn
130 banks have signed on to the Principles for Responsible Banking at the UN Climate Action Summit
Banking giant names new leaders for global wealth management and asset management operations
Report recommends investors get exposure to countries at different demographic stages
Survey finds 51% are optimistic about global economic prospects
A new advisory board will promote the financial confidence of women
The contest, which is open to fintech firms around the world, seeks innovative ideas for the banking industry