Managers of Wealth Americas

How young financial advisors can give back to their mentors

Younger advisors can help propel their practices into the future – but they must take a delicate approach

Citigroup's safest people amidst the 20,000 job cuts. The prescription drug prompting delusion on trading floors

In other words, the most precarious seats at Citi are those of managers, developers and support staff.

Morgan Stanley Wealth Management Pulse Survey Reveals Significant Increase in Bullish Investor Sentiment

Yet, inflation continues to be a top concern.

Inflation and cost of living seen as 2024's biggest financial challenges by both established and new Canadians, new TD survey

58% of established Canadians expect inflation/cost of living to be the biggest financial challenges of 2024, with 38% of new Canadians thinking the same thing

A Year Of Revolutions? The War On Cash-Revisited

Our economic forecasting record is nearly perfect.

A New Year's Resolution for Banks: Unlock $7 Trillion in Value

It is critical for banks to set their sights on this target not only to create shareholder value but also to meet their obligations to drive economic growth and finance the climate transition.

Wealth of five richest men doubles since 2020 as five billion people made poorer in “decade of division,” says Oxfam

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020

These Are the World’s Most (and Least) Powerful Passports in 2024

The two Asian nations have dominated 1st place on the index (which ranks all the world’s passports according to the number of destinations their holders can access without a prior visa) for the past five years.

Last year was likely the best ever for JPMorgan. It may not be able to do better in 2024.

Goliath is winning, and they are the Goliath of Goliaths," Wells Fargo analyst Mike Mayo told Yahoo Finance.

Citi won't be announcing bonuses this week after all

Citi is expected to pay bonuses at the end of this month.

Institutional Channel Assets Gain Slight Edge Over Retail

Retail channel assets suffer greater losses due to higher equity exposures; rebound anticipated

SGS Maine Pointe's Matt Lekstutis on the power of strategic procurement

In strategic procurement, suppliers become “allies” that are aligned with company goals.

Investing after the late-2023 rally

Recent releases also point to resilient growth, with US retail sales beating expectations and a still-robust US labor market.

40% of Swiss companies hedge their currency risks – estimates of economic development are mixed

As of the end of 2024, the companies surveyed expect the EUR/CHF exchange rate to stand at 0.95. For the US dollar, they forecast a rate of 0.90 against the Swiss franc.

It’s time for asset managers to boost efficiency, resilience

Prioritize tech, outsourcing and transparency

Why Wealth Managers Miss Philanthropic Opportunities

Some lawyers and accountants are also regularly part of the process.

Markets start 2024 in a risk-off mood

This was part of a broader risk-off move, with the small-cap Russell 2000 index experiencing its largest one-day fall since the March 2022 banking crisis.

Why 2024 will be a better year for M&A activity

On the corporate side, Cooper says M&A can create growth in a time of low-growth for the economy. He also notes that companies are sitting on a lot of cash that they can deploy.

US bankruptcies surge 18% but remain below pre-pandemic levels

End of pandemic stimulus

Wells Fargo economic outlook finds storms on the horizon

The FOMC will want to be confident that inflation is returning to 2% on a sustained basis

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