Managers of Wealth Americas

JPMorgan, Morgan Stanley to Revisit DOL Rule Changes

A JPMorgan spokeswoman confirmed to the website that the emails had been sent but declined to comment further.

Union Investment wins against US scandal bank

In US federal suit in California, Union Investment blamed Wells Fargo for having repeatedly made false statements, artificially inflating its share price from February 2014 to September 2016.

Carey Olsen Bermuda lawyers promote jurisdiction in New York

The Forum, hosted by the Bermuda Business Development Agency (BDA), brought together industry experts from Bermuda and elsewhere to discuss the latest developments in Bermuda across key sectors such as asset management, reinsurance, captive insurance, ins

Merrill Lynch Accused of Treating Female FAs Like "Second-Class Citizens"

Whipple is suing Merrill Lynch and parent company Bank of America for breach of contract

Deutsche Bank extends Frieze partnership to Los Angeles, strengthening commitment to arts in the US

Deutsche Bank Wealth Management to be Global Lead Partner of the new Frieze Los Angeles in 2019

SEC Proposed Interpretive Guidance for Investment Advisers: Implications for Private Equity

According to the SEC, the duty of loyalty requires an investment adviser to put its client’s interests first.

Financial Engines Sold To PE Firm For $3 Billion

Transaction Would Combine Financial Engines and Edelman Financial Services, Creating Unparalleled Independent Registered Investment Advisor

DOL Rule One Step Closer to Death

The DOL missed the deadline to file for a rehearing in the Fifth Circuit Court of Appeals, meaning the Court’s decision to vacate the fiduciary rule stands.

ICO Promoters Can Expect Canada to Be as Tough as the US

Businesses should complete an analysis on whether a security is involved

Canada's biggest pension funds are backing pot stocks

Canopy Growth and other Canadian producers of cannabis have spare capacity which should enable increased production to meet the predicted demand for products post-legalization.

Guernsey Finance publishes global distribution strategy statement: connecting to the parts of the world managers want to reach

The strategy statement sets out the aim by which Guernsey intends to become the global jurisdictional platform supporting managers to reach global markets

SReal estate developer pleads guilty to tax evasion

Real estate mogul Michael Shvo, 45, pleaded guilty to tax evasion on Thursday

Fugitive Tycoon Guo Wengui, Seeking Asylum in United States, Denied Protection from Creditors’ New York Lawyers

Among Mr. Guo’s international creditors is Pacific Alliance Asia Opportunity Fund a Hong Kong investment fund formed under Cayman Islands law.

Barbados-Based Banking Subsidiary Caught up In Canadian Tax Avoidance Case

According to news reports, Loblaw could have to shell out as much as CAD$406 million (US$316 million) if it loses the case.

Another fork in the road? Cryptocurrency class action lawsuit alleges securities violations and demands “rescue fork” as remedy

Cryptocurrency companies and users are waiting to see how the legal and regulatory industries react to them and the underlying Blockchain technology.

Legal, Regulation & Compliance