Managers of Wealth Americas

US banking crisis in a new stage of contagion

In view of the Fed, American banking crisis is over. Yet, US and European banks face the most acute stress since 2008 and 2011, respectively.

Do activist investors boost shareholder returns?

The results of these campaigns over the years have been mixed.

Big Hedge Funds Face New 72-Hour Deadline to Report Losses

The new SEC rules significantly increase oversight of the biggest hedge funds and private equity firms.

TD Bank and First Horizon Mutually Agree to Terminate Merger Agreement

TD Bank Is Unable to Obtain Timetable for Regulatory Approvals for Reasons Unrelated to First Horizon

US Treasury and Monetary Authority of Singapore Conduct Joint Exercise to Strengthen Cross-Border Cyber Incident Coordination and Crisis Management

This exercise allowed both agencies to test and strengthen existing protocols for information exchange and incident response coordination for cyber incidents involving banks operating in both jurisdictions.

US regulators admit mistakes were made ahead of regional bank failures

SVB's failure on March 10 after taking on too much interest-rate risk caused shock waves throughout the banking sector

FSOC Sets the Stage for New Designations by Issuing Two Proposals

The FSOC’s issuance of these two proposals signals a renewed effort by Treasury Secretary Janet Yellen, who chairs the FSOC, to reinvigorate the FSOC’s designation process for nonbank financial companies. Currently, there are no companies subj

The U.K. Deals a Huge Blow to Microsoft’s $69 Billion Activision Bid

The British antitrust watchdog blocked the takeover attempt, in a decision that will be closely watched in Washington and Brussels.

Malta airlifting 180 million peso banknotes to Argentina ahead of election

Malta will be airlifting 180 million banknotes to Argentina in the coming weeks, as the South American country finds itself unable to meet banknote demand ahead of the general election in October

JPMorgan Seeks TRO Against Advisor Who Fled to Morgan Stanley

In a complaint filed last week, JPMorgan accused the advisor of criticizing its investment offerings and the advisor who replaced him, to induce clients to make the jump to Morgan Stanley.

American Securities Regulatory Body Charges Bittrex Crypto Exchange

The services of this exchange are available globally via Bittrex Global but in the US this exchange provides services via Bittrex, an independent subsidiary of Bittrex Global.

SEC charges founder of financial aid startup Frank with defrauding JPMorgan

For its part, JPMorgan claims that it found out about the alleged fraud when it sent out marketing test emails to a list of Frank’s customers provided by the company and more than 70% of them bounced back.

Sallie Krawcheck: Regulators Moved Quickly to Stem Banking Panic. But Is ‘Our Lehman’ Still Ahead?

The coming weeks and months will tell us more about how far regulatory practices have come since that period.

Conyers Advises Murano on its Proposed Merger with HSM Acquisition Corp

Under the terms of the proposed merger, which is expected to close in Q3 2023, the shareholders of Murano and HCM will exchange their current shares for shares in a new combined company to be listed on the Nasdaq stock market under a new ticker symbol.

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