http://americas.managersofwealth.com/ Sat, 27 Jul 2024 03:52:56 BST part of MediaG8way Group http://americas.managersofwealth.com/ http://americas.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61316/closing-the-efficiency-gap-between-public-and-private-markets Private capital markets have taken huge strides forward over the past decade. Wealth and Asset Management News Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61317/multigenerational-wealth-ampndash-how-to-keep-it-in-the-family The statistics are regularly quoted, probably because the warnings Roy Williams gave alongside the findings have still not been heeded. Wealth and Asset Management News Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61318/outsourcing-for-family-offices Given that it’s estimated that extensive single-family offices are only viable from a cost perspective when a family’s wealth reaches the $250 million mark, it remains a high bar for many. Wealth and Asset Management News Aggregation Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61319/franklin-templeton-and-sbi-form-jv-for-digital-assets Franklin Templeton and SBI Holdings have signed a Memorandum of Understanding to establish a joint venture in Japan Wealth and Asset Management News Aggregation Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61309/ellevestamprsquos-sallie-krawcheck-looking-at-the-amplsquogreat-wealth-transferamprsquo-through-a-gender-lens The industry overlooks the gender lens at its peril: women are expected to gain control of most of that wealth Wealth and Asset Management News Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61303/sei-reports-second-quarter-2024-financial-results Diluted earnings per share were $1.05 in second-quarter 2024 compared to $0.89 in second-quarter 2023. Wealth and Asset Management News Aggregation Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61308/ultra-wealthy-now-worth-75-trillion-thanks-to-rallying-equities A late-year rally in global equities increased the global ultra-high-net-worth population’s total net-worth by 7.6% to US$49.2 trillion, a new report has found. Wealth and Asset Management News Team Wednesday, July 24, 2024 1:00 am http://americas.managersofwealth.com/article/61286/credent-wealth-management-to-accelerate-growth-with-capital-infusion-from-crestline-investors Investment to Drive Further M&A Activity and Growth for the Leading RIA Wealth and Asset Management News Team Wednesday, July 24, 2024 1:00 am http://americas.managersofwealth.com/article/61291/new-altrata-report-finds-growth-in-the-ultra-wealthy-population-globally Their collective wealth now totals an immense $49trn — more than the combined GDP of the US and Chinese economies. Wealth and Asset Management News Aggregation Team Tuesday, July 23, 2024 1:00 am http://americas.managersofwealth.com/article/61270/private-banks-call-for-trimmed-amplaquotrump-tradesampraquo Following the withdrawal of Joe Biden from the US presidential race, market watchers are prescribing a lower level of certainty that the Republicans will win both the White House and Congress. Wealth and Asset Management News Aggregation Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61320/elevation-point-adds-two-ubs-execs-as-founding-partners Bradford Smithy and Robert Tamarkin are joining the venture launched by former Sanctuary Wealth CEO Jim Dickson, which aims to help smaller RIAs grow. People Moves News Aggregation Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61321/savvy-adds-six-new-advisors-pushing-aum-over-700m Brad Morgan joins from Mariner Wealth Advisors, which is suing him and the tech-focused RIA for poaching books of business. People Moves News Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61323/sei-attracts-new-executive-vice-president Financial Services Leader’s Diverse Experience to Bolster Strategic Growth People Moves News Aggregation Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61325/fifth-third-appoints-executive-for-its-kansas-city-division In order to begin its expansion into Kansas City, Fifth Third is employing a local female executive. People Moves News Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61327/two-highly-respected-wealth-management-veterans-join-elevation-point-to-enhance-offering-for-independence-seeking-advisors Firm Welcomes UBS Veterans to Leadership Ranks; Both Professionals First Met Founding Partner & CEO Jim Dickson During Tenures at Merrill Lynch People Moves News Aggregation Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61328/goldman-sachsamp039-top-female-strat-is-leaving-this-might-be-why Chryssikou's exit may also be related to Goldman's "rule of 60." People Moves News Aggregation Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61300/hig-capital-adds-whitney-ehrlich-as-new-head-of-private-wealth-management She will be responsible for capital raising activities and investor relations within intermediary and private wealth channels in the U.S., through the firm's strategies People Moves News Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61301/fiduciary-trust-international-expands-new-york-office-with-addition-of-two-seasoned-portfolio-managers Debjani and Peter bring decades of industry experience and a deep commitment to client success, aligning perfectly with our mission of delivering our best thinking through personalized wealth management advice and holistic portfolio construction. People Moves News Aggregation Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61304/raymond-james-welcomes-new-vp-of-wealth-management-to-dublin-office Advisor previously managed more than $100 million at Edward Jones. People Moves News Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61306/jp-morgan-asset-management-welcomes-josh-myerberg-as-head-of-real-estate-americas-portfolio-strategy Myerberg Brings Expertise from Morgan Stanley to Accelerate J.P. Morgan's Real Estate Growth People Moves News Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61322/chambers-hnw-2024-recognizes-womble-partners-in-private-wealth-art-ampamp-cultural-property-law Published by Chambers & Partners, HNW covers private wealth management work and related specialisms in jurisdictions worldwide, featuring editorial about the leading professional advisers to wealthy individuals and families in each market. Legal, Regulation & Compliance News Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61311/kirkland-advises-kkr-on-acquisition-of-janney-montgomery-scott The Kirkland team was led by corporate partners Jennifer Perkins and Colin Zelicof Legal, Regulation & Compliance News Aggregation Team Tuesday, July 16, 2024 1:00 am http://americas.managersofwealth.com/article/61221/aca-survey-most-advisory-firms-have-no-plans-to-use-ai-tools Some 64% of advisory firms have no plans to develop or use client-facing artificial intelligence, yet 46% said it was a chief compliance concern, according to the ACA Group's latest survey. Legal, Regulation & Compliance News Aggregation Team Friday, July 12, 2024 1:00 am http://americas.managersofwealth.com/article/61183/finra-fines-ubs-unit-850k-for-failing-to-properly-monitor-customer-transactions In the aftermath, UBS reimbursed approximately $17 million to affected customers, paying the principal plus the amount of appreciation that the third party listed on their statements. Legal, Regulation & Compliance News Aggregation Team Friday, July 12, 2024 1:00 am http://americas.managersofwealth.com/article/61187/citi-fined-1356m-for-ongoing-risk-management-and-data-governance-deficiencies This order was based on the bank’s unsafe or unsound banking practices Legal, Regulation & Compliance News Aggregation Team Thursday, July 11, 2024 1:00 am http://americas.managersofwealth.com/article/61171/archegos-founder-bill-hwang-guilty-in-multibillion-dollar-fraud-case The subsequent collapse of the fund sent shockwaves through the markets and caused $10 billion in losses for Credit Suisse, Nomura, Morgan Stanley and other large financial institutions. Legal, Regulation & Compliance News Aggregation Team Tuesday, July 09, 2024 1:00 am http://americas.managersofwealth.com/article/61144/fed-may-tweak-rule-that-could-save-biggest-us-banks-billions Updating those inputs or "coefficients" would reduce the banks' systemic scores and resulting capital surcharge, said the people who declined to be identified discussing private regulatory issues. Legal, Regulation & Compliance News Aggregation Team Thursday, July 04, 2024 1:00 am http://americas.managersofwealth.com/article/61106/merrill-to-pay-15-million-after-brokers-sidestepped-fee-waivers-finra Finra said Merrill violated the Securities and Exchange Commission’s Regulation Best Interest Legal, Regulation & Compliance News Aggregation Team Tuesday, July 02, 2024 1:00 am http://americas.managersofwealth.com/article/61079/sec-charges-silvergate-capital-corporation-former-execs-with-misleading-investors The firm and two individuals have settled, but CFO will fight to clear his name. Legal, Regulation & Compliance News Team Tuesday, July 02, 2024 1:00 am http://americas.managersofwealth.com/article/61085/sec-charges-consensys-for-unregistered-sale-of-securities-through-its-metamask-staking-service The SEC’s complaint alleges that Consensys engages in the unregistered offer and sale of securities by participating in the distribution of the staking programs and operates as an unregistered broker with respect to these transactions. Legal, Regulation & Compliance News Aggregation Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61326/trump-raises-more-than-4-million-in-bitcoin-other-digital-coins-as-crypto-support-pays-off Trump is keynoting a major bitcoin conference in Nashville, Tennessee, on Saturday. FinTech News Aggregation Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61329/55-million-users-and-counting-binance-reveals-what-is-needed-to-improve-crypto-adoption-in-latam For this first edition of the survey, Binance collected responses from 10,000 users, addressing questions ranging from investment behaviour to market expectations, pricing and adoption. FinTech News Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61310/thredd-signs-us-processing-agreement-with-spendbase Spendbase has selected Thredd to power their U.S. expansion FinTech News Aggregation Team Monday, July 22, 2024 1:00 am http://americas.managersofwealth.com/article/61259/5-fintechs-boosting-wealth-management-in-the-usa Due to evolving FinTechs, the masses are better equipped to make informed financial investment decisions and be aware of the trends within the wealth allocation and management industry. FinTech News Aggregation Team Monday, July 22, 2024 1:00 am http://americas.managersofwealth.com/article/61262/us-fintech-coast-bags-40m-series-b-for-product-partnership-and-team-expansion The fintech says it seeks to mitigate the “major challenge” of expense management for the nearly one million businesses in the US that operate vehicle fleets. FinTech News Aggregation Team Monday, July 22, 2024 1:00 am http://americas.managersofwealth.com/article/61264/wells-fargo-amazon-most-favored-long-among-mega-caps-going-into-earnings The bank's analysts predict an 18% increase in Amazon Web Services revenue for the second quarter FinTech News Aggregation Team Monday, July 22, 2024 1:00 am http://americas.managersofwealth.com/article/61265/bbva-opens-global-cybersecurity-centre-in-mexico The two hubs in the Americas and Spain will be staffed by around 200 Telefónica Tech cybersecurity professionals FinTech News Team Friday, July 19, 2024 1:00 am http://americas.managersofwealth.com/article/61251/moonpay-and-raydium-form-partnership Now, for the first time, Raydium users can buy and sell crypto using all major payment methods including debit and credit card, Apple Pay, Google Pay, and bank transfer. FinTech News Team Thursday, July 18, 2024 1:00 am http://americas.managersofwealth.com/article/61235/sei-named-to-2024-mes-midmarket-100-list-by-mes-computing Recognized for cybersecurity solution serving midmarket organizations. FinTech News Aggregation Team Thursday, July 18, 2024 1:00 am http://americas.managersofwealth.com/article/61239/brazilamprsquos-matera-lands-100m-investment-from-warburg-pincus The solution aims to enable real-time digital user experiences, “despite an inflexible legacy infrastructure”, and address core banking modernisation challenges. FinTech News Aggregation Team Friday, July 26, 2024 1:00 am http://americas.managersofwealth.com/article/61324/kkr-to-purchase-instructure-holdings-for-48bn KKR will pay $4.8bn to buy Instructure Holdings. Alternative Investments News Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61305/manulife-investment-management-sees-attractive-opportunities-outside-the-us-amid-anticipated-global-rate-cutting-cycle Inflation is expected to align with the Fed's targets, while employment is not anticipated to exert upward pressure on services inflation. Alternative Investments News Aggregation Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61312/lazardamprsquos-record-q2-came-with-50-new-faces-and-heavy-pay-cuts The bank’s second quarter results seem to have given some legitimacy to Orszag’s strategy, but it’s probably not made anyone at the bank particularly happy in the process. Alternative Investments News Aggregation Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61313/capital-markets-bolster-wall-street-banks Investment banking gains cushion weakness in banking: Fitch Alternative Investments News Aggregation Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61314/morgan-stanley-leads-31m-investment-into-international-payments-fintech-sokin The investment follows other financial institutions taking a larger role in funding Europe's fintech this year Alternative Investments News Team Thursday, July 25, 2024 1:00 am http://americas.managersofwealth.com/article/61315/state-street-corporation-announces-issuance-of-preferred-stock The offering, which closed today, was structured in keeping with State Street’s ongoing inclusion, diversity, and equity efforts Alternative Investments News Team Wednesday, July 24, 2024 1:00 am http://americas.managersofwealth.com/article/61293/d2-asset-management-announces-launch-of-investment-firm-with-more-than-1-billion-in-aum Firm to Focus on Investments Across Real Assets, Specialty Finance, and Structured Credit Alternative Investments News Aggregation Team Wednesday, July 24, 2024 1:00 am http://americas.managersofwealth.com/article/61295/anglo-to-face-investors-with-wary-eye-on-bhpamp039s-potential-return Delivering first-half earnings results for the first time after rebuffing the world's No. 1 miner, Wanblad and his team need to convince investors that the strategy to refocus on copper, iron ore and a fertilizer project is on track. Alternative Investments News Team Wednesday, July 24, 2024 1:00 am http://americas.managersofwealth.com/article/61297/chubb-reports-second-quarter-per-share-net-income Book value per share and tangible book value per share excluding AOCI increased 2.6% and 3.1%, respectively, from March 31, 2024. Alternative Investments News Aggregation Team Tuesday, July 23, 2024 1:00 am http://americas.managersofwealth.com/article/61281/jupiter-am-mulls-entry-into-european-etfs The firm has $68bn assets under management (AUM) across its business by the end of Q1. Alternative Investments News Aggregation Team Wednesday, July 24, 2024 1:00 am http://americas.managersofwealth.com/article/61296/evercoreamp039s-average-pay-rose-30-to-197k-in-a-single-quarter The increase was overwhelmingly driven by advisory (M&A) revenue, which increased 52% in Q2. Investment Banking News Aggregation Team Tuesday, July 23, 2024 1:00 am http://americas.managersofwealth.com/article/61279/with-no-big-deal-safe-investment-bankers-move-to-safeguard-fees At stake is the dealmaking revenue of the top investment banks in North America and Europe. Investment Banking News Aggregation Team Friday, July 19, 2024 1:00 am http://americas.managersofwealth.com/article/61256/jpmorgan-thinks-goldman-sachs-is-better-placed-than-morgan-stanley-now Abouhossein et al's preference for Goldman reflects their expectation that investment banking division revenues will increase 31% year-on-year in 2024 Investment Banking News Aggregation Team Wednesday, July 17, 2024 1:00 am http://americas.managersofwealth.com/article/61230/morgan-stanley-is-hiring-in-investment-banking-but-believes-itamp039s-still-in-early-innings-of-rebound Regionally, the bank saw higher levels of client activity in Asia and seasonal patterns in Europe. Investment Banking News Aggregation Team Tuesday, July 16, 2024 1:00 am http://americas.managersofwealth.com/article/61213/bofa-profit-beats-expectation-on-robust-investment-banking-trading Investment banks have brought in more underwriting fees as capital markets resurged. Investment Banking News Aggregation Team Monday, July 15, 2024 1:00 am http://americas.managersofwealth.com/article/61199/how-jane-fraser-became-the-first-woman-to-lead-a-major-wall-street-bank Fraser worked at Goldman Sachs and McKinsey & Co. before becoming CEO of Citigroup Investment Banking News Aggregation Team Monday, July 15, 2024 1:00 am http://americas.managersofwealth.com/article/61202/goldman-sachs-profits-more-than-double-in-second-quarter-as-dealmaking-comes-back-on-wall-street Part of the surge in profits is Goldman Sachs had some one-time items last year as it took charges against its books for the wind down of its consumer banking business. Investment Banking News Aggregation Team Monday, July 15, 2024 1:00 am http://americas.managersofwealth.com/article/61204/jpmorgan-profit-rises-to-record-fuelled-by-investment-banking The gains exceeded the company's earlier predictions. Investment Banking News Aggregation Team Monday, July 15, 2024 1:00 am http://americas.managersofwealth.com/article/61206/wall-street-banks-eye-investment-banking-resurgence-amid-multifaceted-economic-challenges Reports of three big US banks heralded the start of the second-quarter earnings season. Investment Banking News Aggregation Team Friday, July 12, 2024 1:00 am http://americas.managersofwealth.com/article/61188/bny-beats-quarterly-profit-estimates-on-investment-service-fee-boost BNY's investment services fees for the second-quarter rose 5% to $2.36 billion Investment Banking News Team Wednesday, July 24, 2024 1:00 am http://americas.managersofwealth.com/article/61289/the-henley-passport-index 2024 Global Ranking Comment, Analysis & Research News Aggregation Team Friday, July 19, 2024 1:00 am http://americas.managersofwealth.com/article/61253/2022-was-the-peak-year-for-climate-tech-vc-fundraising-study Investors are drawn to climate-focused funds for various reasons, according to the researchers. Comment, Analysis & Research News Aggregation Team Monday, July 15, 2024 1:00 am http://americas.managersofwealth.com/article/61205/american-banks-signal-economic-concerns The trio disclosed weakening results for the June quarter, with growing concerns evident about rising consumer debts, loan arrears, and other issues (many stemming from banks' increased lending to financially stressed customers). Comment, Analysis & Research News Aggregation Team Monday, July 08, 2024 1:00 am http://americas.managersofwealth.com/article/61127/the-secrets-of-marketing-to-uhnwis-part-1-forging-a-relationship Should you splash out on a lavish double-page spread in HTSI magazine or let the algorithms of Instagram do their work? Comment, Analysis & Research News Aggregation Team Monday, July 08, 2024 1:00 am http://americas.managersofwealth.com/article/61131/goldman-sachsamp039-warning-as-trading-jobs-disappear-to-algorithms The implication is that the developers and quant developers working on FX trading algorithms are about to be squeezed themselves. Comment, Analysis & Research News Aggregation Team Friday, July 05, 2024 1:00 am http://americas.managersofwealth.com/article/61115/ex-citi-barclaysamp039-directoramp039s-optimal-career-plan-after-avoiding-a-ampquotmassiveampquot-heart-attack-goldman-sachs-not-expected-to-cut-bonuses-enough-in-a-crisis Rayner is no longer working in banking. Comment, Analysis & Research News Aggregation Team Friday, July 05, 2024 1:00 am http://americas.managersofwealth.com/article/61116/the-competition-conundrum-charge-less-or-offer-more If your only differentiator is that you charge 75 basis points, you’ll likely lose the battle when the advisor across town drops to 50. Comment, Analysis & Research News Aggregation Team Friday, July 05, 2024 1:00 am http://americas.managersofwealth.com/article/61118/us-economy-adds-206000-june-jobs-as-labor-market-cools-slightly The number of new jobs is close to what economists had expected for the month. Comment, Analysis & Research News Aggregation Team Tuesday, July 02, 2024 1:00 am http://americas.managersofwealth.com/article/61062/millennials-are-amplsquovery-ill-preparedamprsquo-to-be-the-richest-generation-in-history-wealth-manager-says The millennial generation is likely to be focused on near-term goals while those that precede them are more focused on saving for milestones like family building and retirement, experts suggest. Comment, Analysis & Research News Aggregation Team Wednesday, June 26, 2024 1:00 am http://americas.managersofwealth.com/article/61017/actual-net-worth-to-be-considered-wealthy-in-2024 The rising threshold underscores the importance of strategic financial planning and wealth accumulation in today’s economy. Comment, Analysis & Research News Aggregation Team Tuesday, July 23, 2024 1:00 am http://americas.managersofwealth.com/article/61280/tax-rules-gifting-and-inheritances-top-concerns-of-ultra-rich-attorney-says The inheriting generation is also pushing more benefactors to pass on inheritances before the first generation dies. Tax News Team Thursday, June 27, 2024 1:00 am http://americas.managersofwealth.com/article/61032/switzerland-and-united-states-agree-on-mutual-exchange-of-financial-account-data Implementation of the FATCA agreement requires national law to be amended. Tax News Aggregation Team Friday, May 24, 2024 1:00 am http://americas.managersofwealth.com/article/60741/billionaire-tax-rejected-by-us-causes-split-ahead-of-g-7-meeting The United States has pushed back on a global minimum wealth tax on billionaires. Tax News Aggregation Team Wednesday, May 22, 2024 1:00 am http://americas.managersofwealth.com/article/60715/fairness-transparency-and-enforcement-factamprsquos-principles-for-taxing-us-multinational-corporations-after-2025 To preserve popular tax cuts for low and middle-class earners, Congress will look to offset with other revenue sources, including improvements to how multinational corporations are taxed. Tax News Aggregation Team Wednesday, May 22, 2024 1:00 am http://americas.managersofwealth.com/article/60720/bank-of-america-appeals-irs-win-in-163-mln-bank-merger-tax-fight The bank sued the IRS in North Carolina federal court in 2017, claiming it was owed tax-related interest related to a series of mergers. Tax News Aggregation Team Tuesday, April 23, 2024 1:00 am http://americas.managersofwealth.com/article/60452/the-federal-government-offers-to-wipe-out-your-tax-debt-through-new-irs-fresh-start-program The IRS now has more flexibility when analyzing a taxpayer’s ability to pay back taxes. Tax News Aggregation Team Tuesday, March 19, 2024 12:00 am http://americas.managersofwealth.com/article/60140/citiamp039s-new-global-head-of-stirt-trading-is-calling-for-a-wealth-tax Citi didn't respond to a request to comment on Singal's new role or on his calls for higher taxation. Tax News Team Thursday, February 29, 2024 12:00 am http://americas.managersofwealth.com/article/59983/rsm-recognized-for-family-office-technology-by-accounting-today The platform FamilySight is among only 21 products featured in Accounting Today’s 2024 Top New Products list where it earned an honorable mention. Tax News Team Friday, February 23, 2024 12:00 am http://americas.managersofwealth.com/article/59938/fasb-improves-income-tax-disclosures The existing disclosure requirements in ASC 740 distinguish between public and nonpublic entities in several different respects, utilizing a definition of “public entity” described in ASC 740-10-20 that is specific only to this Topic. Tax News Team Friday, January 26, 2024 12:00 am http://americas.managersofwealth.com/article/59668/early-preparation-may-help-taxpayers-glide-through-tax-season A lot can happen in a year’s time that may impact income tax filing. Tax News Team Wednesday, July 24, 2024 1:00 am http://americas.managersofwealth.com/article/61294/morgan-stanley-expansion-capital-acquires-stake-in-global-payments-fintech-sokin Whilst Morgan Stanley Expansion Capital has led the transaction, it also includes investment from prominent US investors Retail Banking News Aggregation Team Friday, June 28, 2024 1:00 am http://americas.managersofwealth.com/article/61051/bank-of-america-backs-simply-asset-finance The feature will allow Simpli to increase in lending by 30% by neatly £100 million within a year. Retail Banking News Aggregation Team Friday, May 31, 2024 1:00 am http://americas.managersofwealth.com/article/60790/bank-of-america-ceo-says-us-consumers-and-businesses-have-turned-cautious-on-spending Consumer spending via card payments, checks and ATM withdrawals has grown about 3.5% this year to roughly $4 trillion, Moynihan said. Retail Banking News Team Saturday, May 25, 2024 1:00 am http://americas.managersofwealth.com/article/60743/banking-on-cloud-townebank-primes-for-continued-growth-with-sas Midsize bank uses cloud-based solutions from SAS to tackle regulatory compliance, navigate risk and wow its members Retail Banking News Team Thursday, May 09, 2024 1:00 am http://americas.managersofwealth.com/article/60587/cotribute-named-finalist-in-2024-banking-tech-awards-usa Digital Platform named a finalist in two categories, Best Embedded Finance Solution and Best Community Bank/Credit Union Modernization Retail Banking News Aggregation Team Thursday, May 09, 2024 1:00 am http://americas.managersofwealth.com/article/60589/fitch-downgrades-new-york-community-bancorp-to-amp039bbamp039-on-near-term-earnings-pressure The lender had said it expected annual loss to be between 50 cents and 55 cents in 2024 Retail Banking News Team Wednesday, May 08, 2024 1:00 am http://americas.managersofwealth.com/article/60579/td-auto-finance-canada-thanks-customers-and-colleagues-after-achieving-its-seventh-consecutive-jd-power-award Ranked #1 in Dealer Satisfaction among Non-Captive Lenders with Prime and Non-Prime Retail Credit Retail Banking News Aggregation Team Wednesday, May 08, 2024 1:00 am http://americas.managersofwealth.com/article/60590/8-major-banks-closing-34-bank-branches-in-new-york Generally, the bank is required to notify customers of the branch closing by mailing notices at least 90 days before the closing date of the branch Retail Banking News Aggregation Team Tuesday, May 07, 2024 1:00 am http://americas.managersofwealth.com/article/60568/bank-of-america-to-pay-more-than-100m-for-opening-accounts-without-consent-doubling-fees The Office of the Comptroller of the Currency found the bank’s double-dipping on fees was illegal. Retail Banking News Aggregation Team Wednesday, May 01, 2024 1:00 am http://americas.managersofwealth.com/article/60531/citi-ceo-says-us-consumers-are-more-cautious-emphasizes-bank-overhaul U.S. borrowers earning lower incomes are increasingly struggling to keep up with loan payments, prompting banks to become more cautious about issuing credit cards and car loans. Retail Banking News Aggregation Team Monday, July 22, 2024 1:00 am http://americas.managersofwealth.com/article/61258/the-great-climate-change-wealth-transfer-is-here The great climate change Politics and profit are making it harder to kick our fossil fuel addictiontransfer is here Planet SOS News Team Wednesday, June 26, 2024 1:00 am http://americas.managersofwealth.com/article/61022/corporatesamprsquo-supply-chain-scope-3-emissions-are-26-times-higher-than-their-operational-emissions These figures highlight that the challenge of effectively measuring Scope 3 emissions is widespread and spans industries Planet SOS News Team Friday, June 14, 2024 1:00 am http://americas.managersofwealth.com/article/60917/esg-in-securitized-credit-finding-clarity-within-complexity Now is the time to maintain momentum and engage. Planet SOS News Aggregation Team Friday, June 14, 2024 1:00 am http://americas.managersofwealth.com/article/60918/worldamprsquos-rich-channel-more-wealth-into-tackling-climate-change Family offices are making bigger investments into renewable energy, such as wind and solar power Planet SOS News Team Friday, June 07, 2024 1:00 am http://americas.managersofwealth.com/article/60845/ortec-finance-extends-exclusive-partnership-with-cambridge-econometrics This enables Ortec Finance’s suite of in-house climate scenarios Planet SOS News Aggregation Team Monday, May 13, 2024 1:00 am http://americas.managersofwealth.com/article/60628/us-japanese-banks-lead-fossil-fuel-financing Last year's fossil fuel funding was down 9.5 percent from 2022 Planet SOS News Team Friday, March 15, 2024 12:00 am http://americas.managersofwealth.com/article/60117/td-outlines-continued-progress-on-sustainability-goals-in-2023-sustainability-reporting-suite The updates shared in our Sustainability Reporting Suite highlight the ways we're taking action to help drive sustainable value creation for our customers and our communities. Planet SOS News Aggregation Team Thursday, March 14, 2024 12:00 am http://americas.managersofwealth.com/article/60097/bank-climate-group-to-report-capital-markets-related-emissions Some U.S. politicians have been the most vocal in their criticism, citing anti-trust concerns. Planet SOS News Aggregation Team Monday, February 26, 2024 12:00 am http://americas.managersofwealth.com/article/59946/asset-managersamprsquo-green-u-turn-exposes-energy-transition-cakeism The narrative of a perfect correlation between doing good and doing well has now broken down. Planet SOS News Aggregation Team Friday, February 16, 2024 12:00 am http://americas.managersofwealth.com/article/59868/jpmorgan-and-state-street-quit-climate-group-as-blackrock-scales-back Reduced participation means none of top five money managers fully back Climate Action 100+ Planet SOS