07/29/2022
The Dollar – The Best of a Bad Bunch
The dollar’s recent inexorable rise has appeared to show no bounds and has made asset allocators inevitably believe that it may be too risky to bet against the currency.
Legal, Regulation & Compliance
07/28/2022
Bank First Signs Agreement to Acquire Hometown Bancorp
Bank First's focus on providing innovative products and services will allow the customers of Hometown to benefit from a wide array of retail banking products and loan programs tailored to the unique needs of each individual or family.
07/25/2022
Citizens Is Now the Official Bank of the New York Giants, New Jersey Devils, and Prudential Center
As part of Citizens’ firm commitment to understand and support the neighborhoods it serves, Citizens will partner with the Giants to announce a community program later this summer that addresses local needs
07/19/2022
Withers global art team recognized by Chambers 2022 HNW guide
The guide identifies and ranks law firms and lawyers around the world, with the HNW Guide specifically focusing on those representing wealthy individuals and families.
07/14/2022
The Fed Serves up a Reality Check
They also made it quite clear that the anchoring of inflation expectations is more important than a potential slowdown in economic activity.
07/13/2022
Two Financial Asset Managers Charged in Alleged $1.2 Billion Venezuelan Money Laundering Scheme
The conspirators laundered the illicit proceeds in connection with a corrupt foreign currency exchange scheme involving bribery of Venezuelan officials.
07/12/2022
Brazil will continue with its interest rate instrument in the future, says central bank director
The central bank raised its benchmark Selic interest rate to 13.25% in June
07/08/2022
Paul Hastings Advises SD Biosensor and SJL Partners on $1.53B Acquisition of Meridian Bioscience
The transaction is expected to close in the fourth quarter of 2022
07/08/2022
2022 IAM Patent 1000 Ranks More Than 20 Paul Hastings’ Intellectual Property Lawyers Across Seven Jurisdictions
The organization continues by noting that “Paul Hastings is a force to be reckoned with in US patent litigation
07/08/2022
BCSC settles with Victoria wealth manager who conducted business without registration
Blair, who was registered under the Securities Act from 2004 to 2005, was not registered while performing these duties.
07/06/2022
AB and Impact Engine Announce Strategic Partnership
New impact investing partnership bolsters Private Wealth’s innovative, client demand-driven strategy
07/04/2022
Ontario regulator’s warning due to ‘misunderstanding’ - Relm
FSRA stated: “It has been reported that Relm Insurance Limited is advertising the sale of insurance products in Ontario without a valid licence.”
07/04/2022
Ontario regulator warns Relm is unlicensed
Relm also reinsured the US’s first cryptocurrency insurance product for retail wallet holders.
07/04/2022
Ninety-Year-Old Morgan Stanley Broker Arrested After Shooting Colleague
Bernstein, a 27-year industry veteran, has no disciplinary actions, discharges or investor complaints on his BrokerCheck record.
06/30/2022
UBS fined over complex options scheme
The US regulator said that the firm had not adequately trained its advisers or provide oversight on its Yield Enhancement Strategy.
06/30/2022
Grayscale Sues SEC Over Rejection of Proposed Spot Bitcoin ETF
The SEC is acting “arbitrarily and capriciously” in its treatment of similar investment vehicles, Grayscale’s senior legal strategist said
06/28/2022
Ex-UBS Broker Who Led Big Ohio Team Suspended Over Rock Salt Business
Integrity Salt does appear on the broker’s approved outside business activity list on BrokerCheck, but the disclosure shows his involvement as beginning in September 2018.
06/27/2022
Second Citizenships and Golden Passports
Help your clients flee the country—or at least gain citizenship in another—legally, and in compliance with the IRS.
06/27/2022
Ukraine war: UK joins ban on imports of Russian gold
US President Biden suggested the other G7 nations - Germany, France and Italy - would also join the ban.
06/24/2022
AllianceBernstein Partners with Impact Engine to Bolster Purpose-Driven Investment Offerings
The new partnership will focus on purpose-driven investments supporting environmental sustainability, economic opportunity, and health equity across venture capital, growth equity and buyout managers.