Managers of Wealth Americas

BCG Creates BCG X as New Hybrid of Consulting and Tech Build & Design Capabilities

BCG X will turbocharge BCG’s deep industry and functional expertise to enable innovation at scale and deliver successful end-to-end digital transformations

Bank of America chief predicts ‘mild recession’ in 2023

Contractions in gross domestic product (GDP) in both the first and second quarters of 2022 added weight to the warning

JPMorgan Leads in Wealth Management Digital Experience: Survey

A J.D. Power survey of wealth management customers also found that advised investors have greater overall satisfaction with their firm’s website and app than self-directed investors do.

Layoffs Create Pitfalls for Finance Executives Looking to Cut Costs

Companies are shedding jobs to reduce costs amid high inflation and rising interest rates, but they run the risk of violating labor laws

Rising Inventory Will Be the Housing Market’s Next Problem

All told, the early 2023 inventory spike looks unavoidable, and the real question is where mortgage rates will be when the listings hit the market.

Credit Suisse Group AG executes capital increase by way of share placement and announces the final terms of the rights offering

This announcement is not an offer of securities for sale in the United States.

You Can Grow HSA Money For Retirement, Too, RBC Wealth Says

Advisors need to help them build their HSAs into their wealth planning and retirement planning

Wealth Management Apps Essential to Attracting and Retaining Younger Investors, J.D. Power Finds

The mobile app really is becoming the center of the modern wealth management client user experience, and that’s true not just for do-it-yourself investors but also for those who work with a financial advisor.

AM Best Comments on Credit Ratings of Nassau Financial Group, L.P.’s Insurance Subsidiaries Following Announcement of Delaware Life Insurance Company of New York Acquisition

This transaction follows several others made by Nassau over the previous couple of years and is in line with their current growth strategy of acquiring small to midsized life/annuity blocks of business, while continuing to grow annuity sales.

15 Biggest Banks In The World

In recent years, State Street Corporation has been expanding its reach beyond traditional financial services.

Majority of Canadians believe more education is needed on financial fraud & cybersecurity awareness, according to Scotiabank Fraud Awareness Poll

Scotiabank becomes first Canadian bank to offer interactive fraud simulations to help customers identify cybercrime

‘Stagflation’ now the consensus view, says Bank of America survey

The regular survey paints a gloomy economic picture for 2023: a net 73 percent of respondents expect the global economy to weaken in the next 12 months, while a net 77 percent say a recession is likely, the highest level since April 2020.

Funds Want Cash, but is it King?

Could cash be the one true hedge in a downturn? Funds seem to think so

EY Global Alternative Fund Survey finds substantial investor confidence and increasing maturation in alternative asset management industry

Seventy-five percent of investors feel that their managers met or exceeded performance expectations during a challenging and volatile market period

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