Managers of Wealth Americas

Statement from State Street Corporation on Brown Brothers Harriman Investor Services Acquisition

The Sale and Purchase Agreement does not provide for a contractual penalty by either State Street or BBH in connection with this termination.

Wells Fargo joins Prime Partner bank program

Program boosts funding for legal aid in Texas

JPMorgan: Push to Regulate Crypto to Accelerate After FTX’s Collapse

Crypto derivatives trading is likely to shift to regulated venues, and the Chicago Mercantile Exchange is expected to emerge as a winner, the bank said.

How can UK or US courts protect your business from a ransomware or cyber-attack?

Anonymity was granted not only because the business was a victim of blackmail but because of the risk posed by the malicious use that its information could be put to in the wrong hands.

Clifford Chance advises Rabobank as major shareholder in Banco Regional on the merger of Sudameris and Banco Regional

The transaction is subject to regulatory approval and other conditions to closing.

JPMorgan, Deutsche Bank Sued by Epstein Accusers in New York

Class action style lawsuit accuses banks of enabling Epstein

Goldman Sachs to Pay $4 Million SEC Penalty in ESG Fund Case

Asset management unit didn’t follow policies, procedures: SEC

European regulator drafts guidelines for ESG fund names

The regulator is particularly focused on whether it makes sense to have quantitative thresholds for the minimum proportion of investments needed to support a fund with ESG or sustainability in its name.

Chubb Receives Regulatory Approval to Increase its Huatai Stake to 83.2%

The company expects the transaction to close early in the first quarter of 2023 and will provide additional information in the near future.

Former Morgan Stanley CEO on Swiss banks: Secrecy is 'their nature'

It also promised to reveal any hidden bank accounts.

Roger Ng Sues Ex-Boss Tim Leissner for Alleged Fraud

The complaint also highlighted the predicament that Ng faced as he was deprived of funds to defend himself in the 1MDB case, which was allegedly stolen by Lessiner to cover his own defense costs in a related case.

AIG Announces Five-Year Employment Agreement with Peter Zaffino

I look forward to continuing to build on our significant momentum on our journey to become a top performing company and market leader in everything we do.

Canada's BMO books $834 mln charge over U.S. Ponzi lawsuit loss

The sums became unavailable for repayment to creditors when the fraud was uncovered in 2008, a trustee said in the lawsuit.

Central Bankers Diverge, As Investors Go Bottom Fishing

The Federal Reserve last week only confirmed the market’s long-held suspicion that the central bank would have to target higher policy rates

Columbia banking systems announces agreement to sell seven Washington and Oregon branches to 1st Security Bank

Branches are Being Divested to Satisfy U.S. Department of Justice (DOJ) Requirements for Columbia's Pending Merger with Umpqua

IDB bank leads $100MM revolving credit facility for Dwight funding

Ben Brachot, Dwight's Co-founder, shared that this facility supports the continued growth of the modern lender's robust portfolio.

Bissinger, Oshman, Williams & Strasburger Honored as Top Commercial Litigation Firm

Houston boutique also honored for bankruptcy litigation, mass tort defense

SEC introduces rule on outsourcing for investment advisers

SEC proposes new oversight requirements for certain services outsourced by investment advisers.

Morgan Stanley to commence job cuts as amid subdued dealmaking

Majority of the rest of the cuts might cover other teams responsible for both onshore and offshore businesses in China.

Wells Fargo expected to cut more jobs

Mortgage loan officers are the anticipated target

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