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RBC to acquire Mourant Private Wealth

19 December 2008

JERSEY, Channel Islands, December 19, 2008 — Royal Bank of Canada (RBC) – RY on NYSE and TSX – today announced it has signed an agreement to acquire Mourant Private Wealth, the 47 employee private client trust business of Mourant Limited (Mourant), whose group of businesses includes one of the leading offshore law firms Mourant du Feu & Jeune.

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Bank of America Announces Regional Leadership Positions

18 December 2008

CHARLOTTE, N.C., Dec. 18 /PRNewswire/ — Bank of America today announced key regional leadership positions that will be in place once the purchase of Merrill Lynch & Co., Inc. is complete. They will report to John Thain, president of Global Banking, Securities and Wealth Management, in the combined company.

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Julius Baer named 'Best Private Bank'

18 December 2008

Hong Kong, 18 December 2008 —- Julius Baer has been named ‘Best Private Bank’ by Finance Asia Magazine, the leading publication for the region’s finance industry and capital markets. The prestigious award bears testament to Julius Baer’s premier
position in the wealth management industry.

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