The London-based bank will retain a network of 20 to 25 locations that will be transformed into international wealth centers.

The firm is also working toward a hybrid work environment for its branch offices, to facilitate both human and mobile interactions, said CEO Paul Reilly.

Merrill Lynch Wealth Management President Andy Sieg shares the reasoning behind his positive outlook.

The alternative-asset manager said it plans to gradually develop new products that individuals can invest in through financial advisers.

The incident became “international news as a racial flashpoint” in which she was misportrayed as a privileged White woman, Amy Cooper said in her lawsuit.

Gabriel Garcia is coming onboard as a managing director for the $13 billion Cresset to seek out RIAs and advisory teams who may want to join the multifamily office.