02/24/2023
Global debt declines by $4tn in 2022 on stronger growth and inflation
Retrenchment driven 'entirely by mature markets' where total debt dropped to about $200 trillion last year, the Institute of International Finance says
Comment, Analysis & Research
02/24/2023
Settlements in Global Class Actions Increased 142% in 2022, Broadridge Annual Class Actions Report Shows
ESG Investing and Cryptocurrency litigation Among Major 2022 Global Class Action Trends
02/23/2023
Citi targets asset managers and lawyers for wealth growth plans
Busy professional investors can overlook their own financial planning.
02/22/2023
San Francisco takes top spot in Schroders Global Cities Index
San Francisco as the heartland of technology innovation, and Boston, as a biomedical innovation centre, have seen their rankings improve as a result of this score being introduced.
02/21/2023
World's Largest Hedge Fund Founder Ray Dalio Says Cash Is 'In Jeopardy' but Sees an Unexpected Solution
In a recent interview with CNBC, Dalio said, “Money as we know it is in jeopardy [because] we are printing too much, and it's not just the United States."
02/21/2023
Is the American dream 'on life support' for wealthy people?
Report finds an unprecedented rate of HNWIs wanting to move from themselves – and their money – abroad
02/21/2023
Morgan Lewis Earns New Rankings in 2023 Chambers Global Guide
The firm is ranked in 55 practice sections and attained 99 individual lawyer rankings across the United States, Latin America, Europe, Middle East, and Asia-Pacific regions.
02/20/2023
BlackRock, Standard Chartered join talks at new debt roundtable
Participants include officials from creditor countries China, India, Saudi Arabia, the United States and other wealthy Group of Seven democracies
02/20/2023
7 Most Popular Ways Americans are Trying to Build Wealth
The U.S. unemployment rate has been hovering at a low level for several years
02/16/2023
Elon Musk Donated $2 Billion Shares in Charity Last Year
Musk’s donations were made through a donor-advised fund, a type of charitable giving account that allows donors to contribute to the fund and recommend how the money should be distributed to charities over time.
02/15/2023
Companies Are Striking Out With Customers: Why CX Is Pivotal to Customer Retention and Where Companies Are Falling Short
The 5th Annual Broadridge CX and Communications survey uncovers correlation between consumer demand for an elevated communications experience and companies’ abilities to retain customers
02/14/2023
Investors Need To Prepare For Era Of 'Big Government,' BofA Says
The trends that will impact portfolios include the fact that the era of big government is back; the era of cheap money is over; and the ‘peace dividend’ has been spent.
02/14/2023
Canada Life, IGM Financial and Power Corporation of Canada Donate $125,000 in Support of Urgent Humanitarian Relief Efforts in Türkiye and Syria
Donations from employees of the Power group of companies will also be matched through corporate giving programs.
02/13/2023
Fixed Income Strategist: Pulling forward to push back
Since the beginning of the year, 10-year US Treasury yields have fallen by nearly 50 basis points and volatility has collapsed to levels not seen since June 2022.
02/13/2023
Goldman Sachs chief tells partners he should have cut jobs earlier
David Solomon admits to private meeting that media leaks are damaging bank
02/10/2023
Advisors are shifting service models from individuals to families
Majority of advisors moving toward new unified managed household model, Cerulli reports
02/10/2023
Two Male Private Equity Heads Aren’t Better Than One Woman
The pair will rotate the chairman and chief executive officer roles every year; not exactly governance best practice, even if the roles are better off separated.
02/10/2023
Bank of America reveals top retirement concerns amid inflation
Hardship distributions were also down, and used by a very slim minority — just 0.4% of savers turned to this method, down from 0.5% the previous quarter.
02/09/2023
US equity market looks unlikely to lead the global pivot in sentiment
This has now risen to 5.15%, in line with the most recent median estimate of 5.125% from top Fed officials.
02/09/2023
Truist sheds 5% of investment banking jobs on dealmaking slowdown
Truist offers retail and commercial banking, capital markets, asset and wealth management, insurance, and payments services, among others.