Managers of Wealth Americas

A year after reorg, progress at Citi comes in ‘fits and starts’

New penalties gave the bank focal points for its tech overhaul.

Well Fargo's new regulatory trouble may delay asset cap removal timeline, analysts say

Though the Office of the Comptroller of the Currency (OCC) did not fine the bank as it was working to fix the problems, analysts said the action could hurt its effort to tackle regulatory issues stemming from the 2016 fake accounts scandal.

Basel III: Special Conditions for Wall Street Banks

Similar efforts to weaken or delay regulations aimed at strengthening banking resilience are likely in other countries as well.

Walkers advise Blackstone on US$16 billion acquisition of AirTrunk

The deal, valued at over AU$24 billion (US$16.1 billion), marks Blackstone's largest investment in the Asia Pacific region.

A win for Custodia Bank spells danger for American consumers, Fed banks say

In a brief, the Fed’s banks say a win for Custodia sets a dangerous precedent.

Evaluating a changing US yield curve and its implications

The yield curve illustrates the relationship between bond yields of different maturities, typically 2-year versus 10-year maturities.

Versabank Closes U.S. Bank Acquisition

Mr. Taylor added, "With the acquisition of SBH complete, I want to personally reiterate VersaBank's commitment to continuing to serve the community of Holdingford, building on the proud legacy of the SBH team."

Hewlett Packard to pursue Mike Lynch’s estate for up to $4bn

Tech company says it will follow legal proceedings ‘to their conclusion’ after tycoon’s death last month

Celebrating Our Retirement System, And A Call To Action

Automatic features, such as default contribution rates and introducing default investment options like target date funds have enabled workers to build professionally managed, low-cost, and diversified retirement portfolios.

Fed policymakers agree on need for rate cuts, but their reasons vary

In large part, that was because a wide range of data moved in one direction.

The Fed dual mandate

The dual mandate is aimed at avoiding a condition known as stagflation, where an economy has high inflation and unemployment simultaneously.

Merrill Pays $3M To Settle FINRA Claims Of Poor Trading Surveillance

However, according to FINRA, the third-party automated parameters were too narrow to catch wrongdoing.

Raymond James Facing Two Lawsuits Over Cash Sweep Program

The suit alleges that Raymond James’ cash sweep program offered “unreasonably low interest rates”

X braces for shutdown in Brazil as Elon Musk's spat with judge intensifies

The two firms are part of Musk's sprawling business empire

NY regulator fines Nordea $35M over AML failures

The fine will have “no material impact” on Nordea’s financial position, the bank said.

Chambers Latin America Recognizes 27 Holland & Knight Attorneys in 2025 Guide

Chambers Latin America covers a total of 19 jurisdictions

DLA Piper lawyers and practices ranked in Chambers Latin America 2025

The annual rankings are based on extensive research by Chambers & Partners Publishing.

TD has first loss in decades after hit from U.S. laundering probe

The results come a day after Toronto-Dominion said it anticipates paying a total of more than US$3 billion in penalties related to U.S. compliance lapses.

Asset managers and rating agencies brace for next round of SEC texting fines

Regulator’s sprawling probe has already raked in more than $2bn in penalties

Bank of America tells junior execs to blow the whistle on managers who overwork them

BofA currently has rules in place that limit junior employees to 100-hour workweeks

Legal, Regulation & Compliance