Managers of Wealth Americas

Bank of America CEO sees U.S. technical recession in 3rd qtr

The bank, he said, predicted the quarterly contractions would range between 0.5% and 1%.

The world's ultra-rich lost about $14 trillion of their wealth in 2022, Knight Frank study shows

The London-based real estate consultancy surveyed 500 private bankers, wealth advisors, and family offices who manage over $2.5 trillion in collective wealth for ultra-high net worth individuals.

Fear and loathing in European banks

Lacklustre performance of Europe’s banking sector partly down to lack of consolidation while stronger competition than in the US puts pressure on margins

Bank CEO identifies the new most important jobs in private equity

Marketing efforts for private equity and private debt were long and arduous, as illiquidity was viewed with caution

Stenner Wealth Partners+' successful client-focused strategy

Thane Stenner reveals what keeps his wealth management practice strong even in weak market conditions

Heroes Work Here: Sue Wakefield

“But succeeding in that definitely gives you the drive to go on and do other things.”

Goldman Turns to ‘Make-or-Break’ Unit as CEO Solomon Put to Test

After a year in which profits slumped by half and a consumer-banking strategy unraveled, executives plan to offer a more forceful case for shareholders to appreciate its $2.5 trillion asset and wealth management business.

Clients Won't Make Up All of 2022's Losses This Year, but Advisors Can Help By Adding Value And Building Trust

The first is to upgrade their portfolios. Many people have taken losses on losing positions, but now it is time to get back into the market.

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

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

Citi targets asset managers and lawyers for wealth growth plans

Busy professional investors can overlook their own financial planning.

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.

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."

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

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.

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

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

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.

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

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.

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