Managers of Wealth Americas

Chinese tycoon Li Jianhua fights daughter over Canada real estate fortune

The former Chinese politician denies ‘each and every allegation’ by daughter Carol Li Xiaoqi in their battle over Vancouver assets worth millions

Another Swiss Bank Settles U.S. Tax

U.S. Tax Dispute: Five to Go

National Pension Fiasco Merits Real Reform, Not a Bailout

A bill that passed the House will do nothing except pile up more debt.

Joe Biden's brother and hedge fund manager are accused of 'defrauding a Tennessee healthcare business

Jim Biden allegedly claimed he would help them sell their health care plan to investors and the White House and reform rural healthcare in the country.

JPMorgan confirms winning bid to take majority stake in China fund JV

A 2% percent stake in the JPMorgan China fund management JV, China International Fund Management (CIFM), changed hands on Friday in an auction at the Shanghai United Assets and Equity Exchange, a deal post on the exchange showed.

Wealth manager struck by golf cart at posh club to get $3.65M

The jury verdict awarded $1 million in damages for pain and suffering, $150,000 for future medical expenses and $2.5 million for the economic wage losses.

Sacramento CEO Pleads Guilty to Pension Embezzlement

This case is the product of an investigation by the U.S. Department of Labor - Employee Benefits Security Administration.

Banks could get fined for cyber breaches, top regulator says

McWilliams said the FDIC is "monitoring" the cyber defenses and "continuously" testing the safety and structure of banks' networks and firewalls.

US Partnership Representative Requirements

The Partnership Representative and any Designated Individual must maintain a “substantial presence” in the US as defined by the updated centralised audit regime.

FINRA fines Citigroup for loose background checks

Federal securities laws require broker-dealers to fingerprint certain associated persons working in a non-registered capacity prior to or upon association with the firm.

Adam Banks Named Rising Star by MCCA in 2019

The annual series spotlights the attorneys whose accomplishments, leadership and dedication to helping others exemplify excellence in the law.

SEI Investments Settles 401(k) Class Action for $6.8 Million

The deal will benefit about 5,600 current and former participants in the investment management company’s 401(k) plan, the parties said in court papers filed July 26.

SEC expands the circumstances where it deems a digital asset to not be a security

Quarters will be made available in unlimited quantities and at a fixed price set by PoQ.

Major changes to EB-5 program: Increased investment amount starting Nov 21

Under the EB-5 program, foreign individuals are eligible to apply for permanent residence in the United States if they make investments

The IRS Is Tracking Down 10,000 Crypto Owners to Pay Back Taxes

Last year, the IRS’s audit division identified cryptocurrencies as one of five areas where taxpayers could easily avoid taxes.

Adam Banks Named Rising Star by MCCA in 2019

Mr. Banks is among just 13 honorees selected from a competitive pool of diverse attorneys nationwide.

Industry Insight A Bahamas Latam Approach Driven By Innovation

Effectively it is a civil-law product, introduced in a common-law context, and so its structure is familiar to the Latin American market.

Allen & Overy merger target 'tried to erase evidence of Trump support'

"This is misleading", the unidentified person said about the section titled, "Support for the Trump Administration".

SEC Awards Half-Million Dollars to Overseas Whistleblower

Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action.

OCC Fines Ex-Rabobank Counsel $50,000 for Concealing AML Report

On February 7, 2018, the Bank pled guilty to conspiracy

Legal, Regulation & Compliance