Managers of Wealth Americas

Big six bank fined $4.25 million for inaccurate credit card statements

The bank refunded $22.4 million and donated $299,000 to customers it could not locate

A&O Shearman advises on Bank of Montreal’s USD2.75 billion medium-term notes offering

Bank of Montreal is the eighth-largest bank in North America by assets

US student debt repayment system is being overhauled – here’s what to know

Borrowers face stricter payment timelines after Biden-era Save repayment plan was ended by Donald Trump

U.S. bank regulators are making AI a core focus of every routine bank examination

The OCC and Federal Reserve are asking banks detailed questions about AI governance, vendor risk, and kill switches during standard exams

Bank of Canada likely to hold on weaker-than-expected growth, economists say

The central bank makes its next rate announcement on Wednesday

Franklin’s Western Asset Management settles SEC case for $100m

The SEC said the group had “failed to take reasonable steps to detect and prevent this conduct by its former co-CIO”.

Regulators Didn’t Speak to US Fund at Heart of Segantii Trial

It was the latest chapter in a trial that has already thrown the spotlight on how hedge funds and Wall Street banks talk ahead of deals

Mastercard secures New York BitLicense

New York’s BitLicense framework establishes comprehensive requirements related to consumer protection, cybersecurity, financial integrity and operational resilience.

FINRA Fines Pictet Overseas and Blue Ocean ATS for AML and Supervisory Violations Involving Low-Priced Securities

Pictet Overseas Ordered to Pay $610,000; Blue Ocean Ordered to Pay $550,000

Suntera Global completes Experienced Advisory Consultants acquisition

Commenting on the completion of the transaction, David Hudson (pictured), CEO of Suntera Global, said: “Continuing to expand and strengthen our footprint in the US market remains a key objective for Suntera

Victims Claim JPMorgan, Bank of America Should Have Caught Signs of $328M Crypto Scam

Lawsuit claims financial institutions failed to detect red flags in Christopher Delgado's $328 million Goliath Ventures fraud scheme that ran for three years.

FINRA to Review of 'Higher-Risk' Structured Products

The regulator will examine how firms supervised "worst-of" structured notes, with a focus on their compliance with best-interest standards.

UK man agrees to plead guilty in ‘Singapore Solution’ tax evasion case, say US prosecutors

Roderic Sage has been ordered to be extradited from the UK and will appear late next week in Manhattan federal court, prosecutors told a judge in a letter on Thursday (Apr 30).

SEC charges day trader with running $43 million Ponzi-like scheme

He promised up to 40% returns. The SEC says he never had a single profitable year.

Canadian banking regulator to review big banks' private credit exposure

Banks are increasing the use of NBFIs, or non-bank financial institutions, to provide credit protection on their lending portfolios using synthetic risk transfers and other arrangements.

Wall Street Watchdogs Pull Back Amid Trump’s Deregulatory Push

President Trump’s push for deregulation is reshaping finance, from crypto to banking, sparking concerns over risks and regulatory gaps.

Handler Law, LLP Named 2026 Best Estates & Trusts Law Firm in the United States at Private Asset Management Awards

Further recognized with shortlistings in multiple categories at the 2026 Family Wealth Report Awards

Court Upholds $133M FINRA Award Against Stifel

The order agrees with a magistrate judge’s recommendation last month that the court deny Stifel’s motion to vacate the award.

Brazil Freezes Crypto Tax Rules

The consultation now on hold would have addressed the additional foreign exchange dimension introduced by the central bank's November classification.

Banking Regulators Plan to Ease Some Capital Requirements

The Federal Reserve and other financial regulators will soon release proposals to loosen some planned rules on how much capital banks must hold in reserve to mitigate risks.

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