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In Wealth Management, we had a very strong performance, plus 70 in asia, plus 16 in europe, 3 in switzerland, upsetting the u. S. , where we saw the effect of net recurring fees being based on the previous quarter with an impact in our profits. Was there any sense of caution in the clients . How would you describe your client activity this quarter . Sergio still very active. More of a wait and see, starting to think about the second half of the year, which is full of events which potentially will trigger a change in investors sentiments. The geopolitical situation that we all know about the u. S. And china is going to the next level europe,ituation in which as we speak, is probably resolving but is still very complicated. Last but not least, the u. S. Election. According to our clients, 61 of our clients are thinking about changing their asset location post the election no matter who wins. Manus do you think that is holding the ....
And that would be happening at the same time there is a 22 drop in overall state income to date 36 million americans have filed for unemployment today governor newsome presented his proposed version of the state budget axing 19 billion from his original spending plan in january as the states economy struggles amid the coronavirus the billion budget keeps some programs such as boosting the minimum wage and maintaining the states earned income tax credit for working families along with continued commitments to health and Public Safety. The governor prepared to throw out billion in Program Expansions and new proposals, including extending state Health Insurance too undocumented seniors, nothing breaks my heart more then making budget cuts behind every category is a dream that is either differ. In some case. A dream tha ....
Conference in berlin this weekend and has committed himself in principle to a cease fire. Plus from flames to flood much needed rain blankets australia after months of catastrophic bushfires but parts of the country are now struggling to cope with the downforce and theres more rain in the forecast plus how much would you pay for life saving medical treatment we need to want baby boy whose gene therapy cost a staggering 2000000 euros is cases for candidates about the ethics behind the crushing cost of some cutting edge to treatment. Im calling thanks for joining us the wrongs of Supreme LeaderAyatollah Ali Khamenei has said donald trumps. Support for the iranian people is a pretense now in a rare sermon during friday prayers in tehran he accused the us president of wanting to push a poisoned dagger into the countrys chest he also called irans airstrikes against the u. ....
Much needed rain blankets australia after months of catastrophic bushfires but arts of the country are now struggling to cope with the downpour and theres more rain in the forecast plus how much can you pay for life saving medical treatment if you meet one baby boy whose gene therapy you cost a staggering 2000000 euros is cases sparking a debate about ethics behind the crushing cost of some cutting edge new treatments. Im called assman thanks for joining us germany is preparing for sundays International Peace conference on libya bringing together the main warring parties and their powerful International Allies as well German Foreign minister heiko moscow has been in benghazi for talks with rebel. General starr was agreed to attend that conference oft are also told mosque that he agreed in principle with a ceas ....