Meanings of worth business in English

The team joined UBS Private Wealth Management, a high net worth business led by Jason Chandler.

There has been overlap with Merrill Lynch, which targets the merely affluent but also has its own high-net- worth business.

TD's high-net- worth business seeks households with $1 million to $10 million.

Ace entered the market in 2008 with the acquisition of Atlantic Mutual's high net worth business, and has tripled its size.

Then BofA last year bought Merrill Lynch, the giant brokerage with its own high-net- worth business, sparking speculation that U.S. Trust might be sold again.

Chandler, who has run the firm's high-net- worth business, now takes over UBS brokerage field operations across the United States as two regional divisions are eliminated.

Check out Newsroom's Two Cents' Worth business podcast with Radio NZ

Brenda Vince, the president of RBC Asset Management, will lead the combined mutual fund and high net worth businesses.

The bank's high net worth businesses posted disappointing results for the second straight quarter, weighed down by elevated credit losses.

About AGF Management Limited AGF Management Limited is a diversified global asset management company with retail, institutional, alternative and high-net- worth businesses.

Nikki Mandow is Newsroom's business editor and also a contributor to the Two Cents' Worth business podcast with Newsroom and RNZ.

Nikki Mandow is Senior Auckland reporter at BusinessDesk, and also contributor to the Two Cents' Worth business podcast with Newsroom and Radio NZ.