Managers of Wealth Americas

Brookfield-Oaktree Seen Spurring Deals Among Alternatives Firms

“If anyone is going to buy, it will be the smaller firms that will be bought,” said Gerald O’Hara, an analyst at Jefferies Financial Group Inc.

US citizens will need to register to visit Monaco starting in 2021

The United States has a similar system called the Electronic System for Travel Authorization, or ESTA.

SFC reprimands and fines Morgan Stanley Asia Limited $224 million for sponsor failures

Morgan Stanley did not have direct contact with Tianhe’s customers for the purpose of setting up due diligence interviews or confirming the mode and place of the interviews.

Israeli bank to pay $195M for US tax-avoidance scheme

The bank agreed to pay the government $53 million in restitution

Wells Fargo rebuked by regulator over risk management

OCC issues unusual public criticism of US bank’s response to recent scandals

Santander to deploy BlackRock’s Aladdin in LatAm

The firm is also hoping Aladdin will help re-position its asset manager as a competitive player for global institutional investors.

UK and US agree cooperation for derivatives clearing and trading after Brexit

Market participants can be assured of the continuity of derivatives trading and clearing activities between the UK and US, after the UK’s withdrawal from the EU, following this joint statement by the Bank of England including the Prudential Regulati

US Citizenship Specialists, American Dream, to Focus on Middle East Investors

EB-5 citizenship-by-investment programme extended until end of September 2019

Buffett's Wells Fargo Fined Over 20% of Bitcoin's Market Cap Since 2000

For all his Bitcoin-bashing bluster, Berkshire Hathaway’s Warren Buffett is hardly a bastion of business virtue.

Big banks abandoning lower-income neighborhoods – report

Between 2014 and 2018, banks have shut down 1,915 more branches in lower-income areas than they opened, according to Bloomberg.

Former Trump campaign chairman Paul Manafort sentenced to 47 months for tax and bank fraud

Manafort has been jailed since June, so he will receive credit for the nine months he has already served.

‘The Magic Money Tree:’ From Modern Monetary Theory to Modern Tax Theory

In its crudest form, a central bank can use special papers, inks and a printer, to create money.

Miami's Ultralat boosts int'l fund lineup

The Neuberger Berman, Schroders and Investec funds Ultralat will offer will come from each asset manager's Ucits range.

'Be honest' about U.S. gender pay gap, investors tell firms

Arjuna, which specializes in sustainable and ethical investing, is asking nearly a dozen tech, retail and banking companies to disclose median pay at their annual meetings with shareholders.

Bank of America, RBS sued in U.S. over euro bond cartel

While the commission did not identify the eight banks, media reports said Bank of America and RBS are among them.

Long march

The administration of President Donald Trump aspires to tear up regulations, while SEC Chairman Jay Clayton wants to ease rules that might discourage companies from publicly floating their shares.

US lashes out at Brussels over failed dirty money blacklist

Gordon Sondland, US ambassador to the EU, branded the exercise a "ridiculous waste" after a rare unanimous revolt by the bloc's 28 countries upended the effort to name and shame almost two dozen jurisdictions alleged to be sources of money-

Federal Home Loan Bank of Dallas Signs Multi-Year agreement with SS&C

Federal Home Loan Bank of Dallas selects EVOLV to implement CECL and automate mortgage loan accounting

Termination of Guardian Growth & Income Fund and Guardian Private Wealth Equity Fund

Effective immediately, units of the funds are no longer offered for sale.

Ex-advisor gets 3 years in prison for $4.3M fraud

Mr. Kniss set up a well-intentioned business he sincerely believed would be successful

Legal, Regulation & Compliance