Managers of Wealth Americas

Kyle Bass's failed Hong Kong short got Bannon-linked cash

The hedge fund, which takes positions in the Hong Kong dollar and other Asian currencies, lost 95% of the $30 million it invested, the report added.

KPG Funds Predicts Imminent Surge of Leasing Activity in NYC

3rd Quarter RSSI Index is an accurate indicator of future office leasing

PNC Achieves National Expansion With Conversion Of BBVA USA

With the completion of this acquisition PNC now has a coast-to-coast franchise and a presence in 29 of the 30 largest markets in the U.S., providing a network of approximately 2,700 branch locations and 19,000 ATMs, offering PNC customers free access to t

Alternative investment managers struggle in battle of the brands

Firms are lagging in some key opportunities to grow brand awareness according to new report

Goldman Sachs Launches Reimagined Returnship Program to Support Professionals Re-entering the Workforce During the Pandemic

Reimagined Returnship Creates Pathway for Professionals Displaced from the Workforce Due to COVID-19 and Those Who Have Taken a More Than Two-Year Career Break to Return to Work

State Street Announces Expansion of Direct Access Lending

“We expect significant uptake from both existing and prospective clients and are excited to continue building product capabilities into our best in class peer-to-peer program,” added John McGuire.

McKinsey: Firms should prepare for the ‘inevitable changes’ of CBDC

While stating that the market is far too nascent to confidently predict outcomes, it notes that there will likely be some form of coexistence between CBDCs and stablecoins.

State Street Appointed by Harbor Capital Advisors For ETF Servicing

Firms also announce renewal of long-standing back office agreement for Harbor’s mutual funds

Hightower’s Fairport Acquires $500M FMA Advisory

Fairport's deal to acquire FMA Advisory, facilitated by Hightower, will bring its total AUM to $3.9 billion.

EndTimes

The reason that Europe has dominated human affairs is that, unlike China, India, or the Ottomans, Europe had no central authority capable of stifling innovation.

Citizens Announces Steps to Make Banking More Transparent and Accessible

Rolls out Feature to Help Avoid Overdraft Fees, Commits to National Standards to Serve Underbanked

Wealthspire Advisors to Acquire Private Capital Group

Acquisition adds $1.0 billion in assets, expands presence in the Northeast

BMO InvestorLine Expands Access of adviceDirect to More Canadians

Lower minimum balance and changes to the advice fee structure expands accessibility of adviceDirect

Jersey Ready to Play its Part in a Shifting US Narrative

Forecasts predict that US growth will slow slightly in Q3 this year to 5.5% (from 6.6% in Q2), but that overall annual growth will come in at 5.9%.

Has the Evergrande fallout created opportunities in Asian credit?

The travails of Chinese property developer Evergrande should ultimately be contained, but it is a stark reminder of the need to be discerning in the Asian property sector.

Useful Lessons for Average Investors Following Archegos’ $30 Billion Hedge Fund Disaster

This essentially allowed the inventor to make huge bets, or take position, without putting up the money up front.

Blue Wolf Capital Named in Inc.’s 2021 List of Founder-Friendly Investors

Supporting an entrepreneur’s vision and driving growth is more than just a financial investment.

Graycliff Partners Recapitalizes CHawk Technology

The businesses will be combined as a platform for continued growth within semiconductor and complementary markets.

US and APAC private capital choose Luxembourg for EU market access

The country has become the launch pad for international private equity (PE) and venture capital (VC) asset managers with European fundraising ambitions.

Houlihan Lokey Acquires GCA Corporation

Transformational Transaction Adds Both Industry Sector and Geographic Strength

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