Managers of Wealth - Americas http://americas.managersofwealth.com/ Mon, 20 May 2024 13:58:07 BST part of MediaG8way Group http://americas.managersofwealth.com/ http://americas.managersofwealth.com/assets/images/logo.png Managers of Wealth - Americas KohanaPHP How wealth managers are responding to the impact of AI in the industry News Aggregation Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60670/how-wealth-managers-are-responding-to-the-impact-of-ai-in-the-industry The potential use of AI in financial planning is rapidly evolving. Wealth and Asset Management Bluespring Wealth Partners Acquires $750 Million KDI Wealth Management News Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60682/bluespring-wealth-partners-acquires-750-million-kdi-wealth-management KDI's decision to join Bluespring was fueled by several factors Wealth and Asset Management UBS asset management leadership gets a refresh News Aggregation Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60659/ubs-asset-management-leadership-gets-a-refresh The unit is undergoing streamlining, cost reductions. Wealth and Asset Management Wealth Manager Consolidation Intensifies in Pursuit of Capturing Client Walletshare News Aggregation Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60660/wealth-manager-consolidation-intensifies-in-pursuit-of-capturing-client-walletshare Wealth managers are increasingly focused on providing truly comprehensive wealth management, pursuing M&A to bolster capabilities and capture more of the value chain. Wealth and Asset Management Barron's Names Cassaday & Company One of Nation's Top Wealth Management Teams News Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60656/barronamp039s-names-cassaday-ampamp-company-one-of-nationamp039s-top-wealth-management-teams The financial planning processes are interrelated and must be carefully coordinated by a team of professionals. Wealth and Asset Management JPMorgan, RBC Grab Merrill Teams With $30B in Assets News Aggregation Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60652/jpmorgan-rbc-grab-merrill-teams-with-30b-in-assets Their stated goal in the relocation is to better help ultra-high-net-worth clients and their families navigate complex wealth needs. Wealth and Asset Management William Blair scores $1.2B multigenerational team News Aggregation Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60654/william-blair-scores-12b-multigenerational-team Global investment and wealth firm William Blair has enhanced its presence in the Northeast US as it welcomes a boutique high-net-worth practice. Wealth and Asset Management Seven J.P. Morgan Advisors and 10 Teams Named Barron’s Top 100 Financial Advisors and Top Private Wealth Management Teams News Team Tuesday, May 14, 2024 1:00 am http://americas.managersofwealth.com/article/60631/seven-jp-morgan-advisors-and-10-teams-named-barronamprsquos-top-100-financial-advisors-and-top-private-wealth-management-teams These rankings are two of the most selective in the industry Wealth and Asset Management AlTi Tiedemann Global extends US footprint with Envoi acquisition News Aggregation Team Tuesday, May 14, 2024 1:00 am http://americas.managersofwealth.com/article/60639/alti-tiedemann-global-extends-us-footprint-with-envoi-acquisition AlTi Tiedemann Global bought Midwest Family Office and Envoi to increase its presence in the US. Wealth and Asset Management Edelman Financial Engines Acquires Soundmark Wealth Management News Team Tuesday, May 14, 2024 1:00 am http://americas.managersofwealth.com/article/60640/edelman-financial-engines-acquires-soundmark-wealth-management Expands presence in Pacific Northwest and increases planner network; broadens firm’s financial planning capabilities Wealth and Asset Management CalSTRS appoints chief investment officer News Aggregation Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60673/calstrs-appoints-chief-investment-officer Scott Chan, who's served as deputy chief investment officer since 2018, will take on the role. People Moves Apex Group continues its global operations transformation with key strategic hire News Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60676/apex-group-continues-its-global-operations-transformation-with-key-strategic-hire Ken joined Apex Group on 15 April 2024. People Moves Oxford Harriman & Company Merges with CRT Private Wealth Management in Fairfield, New Jersey News Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60680/oxford-harriman-ampamp-company-merges-with-crt-private-wealth-management-in-fairfield-new-jersey Oxford Harriman & Company is a boutique wealth management practice with twenty locations in seven states. People Moves Víctor Matarranz to step down as head of global wealth management at Santander, sources say News Aggregation Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60657/vampiacutector-matarranz-to-step-down-as-head-of-global-wealth-management-at-santander-sources-say The wealth and insurance unit, one of the bank's five divisions, manages assets worth 482 billion euros People Moves Citigroup executive responsible for implementing thousands of job cuts quits News Aggregation Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60642/citigroup-executive-responsible-for-implementing-thousands-of-job-cuts-quits Titi Cole, one of the most senior Black women in finance, departs, while outgoing PwC US head Tim Ryan joins bank People Moves Vanguard Announces Appointment of Salim Ramji as New CEO News Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60644/vanguard-announces-appointment-of-salim-ramji-as-new-ceo Mr. Ramji succeeds Tim Buckley, who, as previously announced, will retire and step down as Chairman and CEO. People Moves Mercer Moves Chief Talent Officer to M&A Role News Aggregation Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60646/mercer-moves-chief-talent-officer-to-mampampa-role Martine Lellis, who joined Mercer as chief talent officer in 2020, will serve as principal of M&A partner development, supporting Dave Barton, who continues to lead M&A across the firm. People Moves Oppenheimer Expands Technology Investment Banking Group with Addition of Yogesh Amle News Team Tuesday, May 14, 2024 1:00 am http://americas.managersofwealth.com/article/60630/oppenheimer-expands-technology-investment-banking-group-with-addition-of-yogesh-amle Senior banker brings two decades of technology investment banking experience to firm's software team People Moves Wealth pioneer Naz Vahid leaves Citi News Aggregation Team Tuesday, May 14, 2024 1:00 am http://americas.managersofwealth.com/article/60632/wealth-pioneer-naz-vahid-leaves-citi Naz Vahid is to leave Citi after nearly four decades as one of the US bank’s most effective and innovative wealth managers. People Moves Bank of America Private Bank picks new KC market executive News Aggregation Team Tuesday, May 14, 2024 1:00 am http://americas.managersofwealth.com/article/60633/bank-of-america-private-bank-picks-new-kc-market-executive Before that, she was market trust executive for Kansas City and St. Louis and market trust director for Little Rock, Arkansas, and Wichita, Kansas. People Moves Reed Smith advises Fasanara Capital on groundbreaking private credit on-chain securitisation News Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60675/reed-smith-advises-fasanara-capital-on-groundbreaking-private-credit-on-chain-securitisation The real-world assets will then be used as collateral for a token issuance by the Luxembourg SPV to accredited investors in the UK and the U.S. Legal, Regulation & Compliance Canada fines Binance C$6m for AML violations News Aggregation Team Friday, May 10, 2024 1:00 am http://americas.managersofwealth.com/article/60612/canada-fines-binance-c6m-for-aml-violations The company also failed, on thousands of occasions, to report large virtual currency transactions of C$10,000 or more in the course of a single transaction. Legal, Regulation & Compliance Former mutual fund dealing rep. banned, fined $75K by CIRO News Aggregation Team Wednesday, May 08, 2024 1:00 am http://americas.managersofwealth.com/article/60585/former-mutual-fund-dealing-rep-banned-fined-75k-by-ciro Completing KYC forms outside registered scope among violations of rules Legal, Regulation & Compliance J.P. Morgan Sues 16 Ex-First Republic Brokers Over Repayment of Recruiting Loans News Aggregation Team Saturday, May 04, 2024 1:00 am http://americas.managersofwealth.com/article/60562/jp-morgan-sues-16-ex-first-republic-brokers-over-repayment-of-recruiting-loans Absent immediate injunctive relief, Plaintiffs will be forced to unnecessarily waste time and resources Legal, Regulation & Compliance Tracking the top trends in fraud News Aggregation Team Thursday, May 02, 2024 1:00 am http://americas.managersofwealth.com/article/60544/tracking-the-top-trends-in-fraud Leading forensic accountants share their insights on the schemes most likely to affect CPAs and their clients. Legal, Regulation & Compliance Morgan Stanley Dives As Regulators Open Wealth Arm Probes News Aggregation Team Friday, April 12, 2024 1:00 am http://americas.managersofwealth.com/article/60363/morgan-stanley-dives-as-regulators-open-wealth-arm-probes The regulators are investigating whether Morgan Stanley has properly investigated potential clients and their sources of wealth, as well as how it monitors their financial activity. Legal, Regulation & Compliance Investments & Wealth Institute Announces Changes to its CIMA® Certification News Team Friday, April 12, 2024 1:00 am http://americas.managersofwealth.com/article/60367/investments-ampamp-wealth-institute-announces-changes-to-its-cimaampreg-certification The Certified Investment Management Analyst® (CIMA®) certification program has been updated to reflect the current knowledge, skills and capabilities needed for today’s advanced practitioner. Legal, Regulation & Compliance TD Asset Management Inc. Announces the Termination of six TD ETFs News Team Thursday, April 11, 2024 1:00 am http://americas.managersofwealth.com/article/60352/td-asset-management-inc-announces-the-termination-of-six-td-etfs Prior to the Termination Date, TDAM will, to the extent reasonably possible, sell and convert the assets of the Terminating ETFs to cash. Legal, Regulation & Compliance FinCEN and AML updates: More requirements for fund managers on the horizon? News Team Monday, April 08, 2024 1:00 am http://americas.managersofwealth.com/article/60314/fincen-and-aml-updates-more-requirements-for-fund-managers-on-the-horizon Ongoing training required for appropriate persons Legal, Regulation & Compliance Bank of America must face overdraft fee refund lawsuit News Aggregation Team Friday, April 05, 2024 1:00 am http://americas.managersofwealth.com/article/60299/bank-of-america-must-face-overdraft-fee-refund-lawsuit The second-largest U.S. bank began the program five months earlier to address the pandemic's impact on its 66 million individual and small business customers. Legal, Regulation & Compliance LogRhythm and Exabeam merge to dominate AI-driven security operations market News Aggregation Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60677/logrhythm-and-exabeam-merge-to-dominate-ai-driven-security-operations-market The merger is anticipated to close in the third quarter of 2024 FinTech TCF 2024: Cognizant and the future of digital transformation in wealth management News Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60661/tcf-2024-cognizant-and-the-future-of-digital-transformation-in-wealth-management Cognizant is working on incorporating AI in the future of wealth management to maintain its position. FinTech American Banker announces finalists for the 2024 Innovators of the Year award, celebrating technology innovators in financial services News Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60664/american-banker-announces-finalists-for-the-2024-innovators-of-the-year-award-celebrating-technology-innovators-in-financial-services The 20 finalists will be celebrated during a dedicated recognition dinner at the DIGITAL BANKING conference this June, where one top winner will be named FinTech Navigating Cybersecurity Changes in Wealth Management News Aggregation Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60667/navigating-cybersecurity-changes-in-wealth-management Digital Privacy & Protection's efficient protocols facilitate quick client assessments and updates, ensuring effective defense strategies. FinTech US lawmakers unveil bill to make it easier to restrict exports of AI models News Aggregation Team Friday, May 10, 2024 1:00 am http://americas.managersofwealth.com/article/60610/us-lawmakers-unveil-bill-to-make-it-easier-to-restrict-exports-of-ai-models The legislation aims to bulletproof any future AI export regulations from legal challenges and was crafted with input from Biden administration officials. FinTech Nubank reaches 100 million customers across Latin America News Aggregation Team Friday, May 10, 2024 1:00 am http://americas.managersofwealth.com/article/60611/nubank-reaches-100-million-customers-across-latin-america The fintech phenomenon is spreading its influence throughout the continent, particularly in Brazil, where it has established its main business. FinTech JPMorgan Chase establishes quantum-secured crypto-agile network News Team Thursday, May 09, 2024 1:00 am http://americas.managersofwealth.com/article/60594/jpmorgan-chase-establishes-quantum-secured-crypto-agile-network Versatile, high-speed and scalable network can provide multiple quantum security features over deployed fibers and production environments. FinTech Validata extends Technology Partnership with Temenos News Team Thursday, May 09, 2024 1:00 am http://americas.managersofwealth.com/article/60597/validata-extends-technology-partnership-with-temenos Validata ConnectIQ to provide banks, fintechs and EMIs with AI-powered Cash and Nostro reconciliation tool capabilities FinTech LTX by Broadridge Integrates with MultiLynq to Deliver Accelerated Trading Connectivity News Team Thursday, May 09, 2024 1:00 am http://americas.managersofwealth.com/article/60598/ltx-by-broadridge-integrates-with-multilynq-to-deliver-accelerated-trading-connectivity Through MultiLynq, dealers can more easily integrate LTX into their existing infrastructure FinTech Broadridge Reports Third Quarter Fiscal 2024 Results News Team Thursday, May 09, 2024 1:00 am http://americas.managersofwealth.com/article/60599/broadridge-reports-third-quarter-fiscal-2024-results Recurring revenues increased $8 million FinTech Baker Tilly Strengthens Bay Area Presence with Seiler Acquisition News Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60671/baker-tilly-strengthens-bay-area-presence-with-seiler-acquisition Strategic combination underscores commitment to serving family offices and ultra-high-net-worth clients, positioning Baker Tilly as a Top 5 firm in the Bay Area Alternative Investments UPS Hires Goldman Sachs Asset Management as OCIO for $43.4 Billion Pension Plans News Aggregation Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60672/ups-hires-goldman-sachs-asset-management-as-ocio-for-434-billion-pension-plans The company's investment staff will join GSAM, following one of the largest OCIO mandates to date. Alternative Investments Money managers adding execs to exploit new opportunities in insurance News Aggregation Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60678/money-managers-adding-execs-to-exploit-new-opportunities-in-insurance As of March 31, Blackstone’s credit and insurance AUM totaled $329.6 billion, of which insurance comprises over $200 billion. Alternative Investments Goldman Sachs Asset Management Appointed Outsourced Chief Investment Officer for UPS's $43.4 Billion North American Pension Portfolios News Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60679/goldman-sachs-asset-management-appointed-outsourced-chief-investment-officer-for-upsamp039s-434-billion-north-american-pension-portfolios The mandate affirms Goldman Sachs’ position as the largest OCIO manager in the US, with over $325 billion in OCIO assets under supervision globally. Alternative Investments Gregory FCA Acquires BackBay Communications to Forge a Powerhouse in Financial Services Strategic Communications News Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60681/gregory-fca-acquires-backbay-communications-to-forge-a-powerhouse-in-financial-services-strategic-communications Combined Firm Is Now 6th Largest U.S. Financial Services PR Agency and 36th Overall Alternative Investments State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “G,” “H,” and “I” News Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60663/state-street-corporation-declares-dividends-on-its-common-stock-and-non-cumulative-perpetual-preferred-stock-series-ampldquogamprdquo-ampldquohamprdquo-and-ampldquoiamprdquo State Street Corporation announced a cash dividend on each of the below outstanding series Alternative Investments The Impact of Current Trends on Investment Firm Risk Management News Aggregation Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60669/the-impact-of-current-trends-on-investment-firm-risk-management In this article, discover how each of these trends—as well as a few others—can increase the level of risk investment firms face, and what appropriate insurance coverages your firm may need. Alternative Investments Consider portfolio hedges amid macro uncertainty News Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60645/consider-portfolio-hedges-amid-macro-uncertainty Gold typically acts as a haven asset, while oil can help insulate portfolios from certain risks. Alternative Investments Michael Saylor Predicts Pension Funds Will Need Some Bitcoin News Aggregation Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60648/michael-saylor-predicts-pension-funds-will-need-some-bitcoin SWIB's Bitcoin investment is very notable considering how risk-averse pension funds are. Alternative Investments Greenside Capital Advisors Launches as Investment Banking Firm News Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60650/greenside-capital-advisors-launches-as-investment-banking-firm Firm offers middle market companies a compelling alternative for M&A and investment banking services Alternative Investments JPMorgan is buying NYCB loans partly to help smaller bank's turnaround: source News Aggregation Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60666/jpmorgan-is-buying-nycb-loans-partly-to-help-smaller-bankamp039s-turnaround-source JPMorgan ended up buying First Republic in a government-led transaction. Investment Banking Junior Bank of America banker who died was working over 100 hours a week News Aggregation Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60668/junior-bank-of-america-banker-who-died-was-working-over-100-hours-a-week Wall Street has grappled for years with overwork among junior staff. Investment Banking RBC names insider Stopnik as global investment banking head News Aggregation Team Tuesday, May 14, 2024 1:00 am http://americas.managersofwealth.com/article/60634/rbc-names-insider-stopnik-as-global-investment-banking-head The bank also named Vito Sperduto as the head of RBC Capital Markets in the U.S. Investment Banking Bankers Ready for Action News Aggregation Team Tuesday, May 14, 2024 1:00 am http://americas.managersofwealth.com/article/60635/bankers-ready-for-action The largest banks in the country have already pounced on the thawing signs. Investment Banking JPMorgan And Citigroup: Undervalued Giants Poised For Market-Beating Returns News Aggregation Team Tuesday, May 14, 2024 1:00 am http://americas.managersofwealth.com/article/60641/jpmorgan-and-citigroup-undervalued-giants-poised-for-market-beating-returns Their solid performance highlights the sector's adaptability and points to potential buying opportunities for astute investors. Investment Banking Wells Fargo names former JPMorgan executive as co-head of investment bank News Aggregation Team Friday, May 10, 2024 1:00 am http://americas.managersofwealth.com/article/60604/wells-fargo-names-former-jpmorgan-executive-as-co-head-of-investment-bank Wells Fargo said Rivas will join the lender's operating committee effective immediately Investment Banking JPMorgan Has Had a Banner Year, Even as Other Banks Struggle News Aggregation Team Friday, May 10, 2024 1:00 am http://americas.managersofwealth.com/article/60616/jpmorgan-has-had-a-banner-year-even-as-other-banks-struggle The bank's stock has climbed 26% this year, as Jamie Dimon continues to create value Investment Banking Citi's head of APAC institutional sales has disappeared News Aggregation Team Thursday, May 09, 2024 1:00 am http://americas.managersofwealth.com/article/60602/citiamp039s-head-of-apac-institutional-sales-has-disappeared Where there is not clarity is on what Serge intends next. Investment Banking Goldman Sachs CEO David Solomon says AI 'is something that people are going to have to think very strategically about' News Aggregation Team Tuesday, May 07, 2024 1:00 am http://americas.managersofwealth.com/article/60567/goldman-sachs-ceo-david-solomon-says-ai-amp039is-something-that-people-are-going-to-have-to-think-very-strategically-aboutamp039 Goldman Sachs Group Inc. Chief Executive David Solomon sees ample opportunity for the investment bank to profit from artificial intelligence, both through deal-making as well as in its internal operations. Investment Banking Bank of America investment banker dies News Aggregation Team Tuesday, May 07, 2024 1:00 am http://americas.managersofwealth.com/article/60574/bank-of-america-investment-banker-dies Bank of America said "our focus is on doing whatever we can to support the family and our team, who is devastated." Investment Banking UBS: Does Iqbal Khan have to bake smaller rolls? News Aggregation Team Friday, May 17, 2024 1:00 am http://americas.managersofwealth.com/article/60674/ubs-does-iqbal-khan-have-to-bake-smaller-rolls The major Swiss bank UBS is apparently considering putting investment bank boss Rob Karofsky at the head of its entire US business. Comment, Analysis & Research Here's What The Great Hand Down Will Mean For Wealth Managers And More News Aggregation Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60658/hereamp039s-what-the-great-hand-down-will-mean-for-wealth-managers-and-more This sparked my determination to bring about meaningful change in the industry and hence how Ctrl Alt was born. Comment, Analysis & Research TD supports initiatives helping to prepare underrepresented and underserved communities in North America for the jobs of the future News Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60662/td-supports-initiatives-helping-to-prepare-underrepresented-and-underserved-communities-in-north-america-for-the-jobs-of-the-future Two new organizations join six others that will have received CA$3.5 million in funding from TD by 2026 to help people build and strengthen technology skills Comment, Analysis & Research Top 10: Largest Banks in the US News Aggregation Team Thursday, May 16, 2024 1:00 am http://americas.managersofwealth.com/article/60665/top-10-largest-banks-in-the-us The market's largest institutions still sit at the pinnace of the global banking industry. Comment, Analysis & Research A World of Contrasts News Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60643/a-world-of-contrasts The recent release of the monthly University of Michigan consumer confidence survey highlighted significant weakness in confidence and an increase in anticipated inflation. Comment, Analysis & Research Why Banks Are Worried About the ‘Basel III Endgame’ News Aggregation Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60647/why-banks-are-worried-about-the-amplsquobasel-iii-endgameamprsquo Wharton’s David Zaring explains how the proposed Basel III Endgame banking rules, scheduled to go into effect this year, could impact U.S. banks. Comment, Analysis & Research Most people expect to retire in their early 60s. Is that realistic? News Aggregation Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60649/most-people-expect-to-retire-in-their-early-60s-is-that-realistic A new study reveals a significant shift in how Americans envision their post-working years. Comment, Analysis & Research Cashing In, But Without Fully Cashing Out: Liquidity Options for Private Company Majority Owners News Aggregation Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60651/cashing-in-but-without-fully-cashing-out-liquidity-options-for-private-company-majority-owners Picking the right firm for a PE investment is therefore a critically important decision for the majority owner. Comment, Analysis & Research Internal Threats Pose Underappreciated Risks to Family Offices News Aggregation Team Wednesday, May 15, 2024 1:00 am http://americas.managersofwealth.com/article/60653/internal-threats-pose-underappreciated-risks-to-family-offices Material dangers are not getting the attention they should, according to the latest report by the law firm Dentons. Comment, Analysis & Research Everything JPMorgan CEO Jamie Dimon has said about the economy this year News Aggregation Team Monday, May 13, 2024 1:00 am http://americas.managersofwealth.com/article/60624/everything-jpmorgan-ceo-jamie-dimon-has-said-about-the-economy-this-year Dimon has raised concerns about stagflation, the consequences of quantitative tightening, and other factors that could hurt the economy Comment, Analysis & Research The Federal Government Offers To Wipe Out Your Tax Debt Through New IRS Fresh Start Program 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 Citi's new global head of STIRT trading is calling for a wealth 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 RSM Recognized for Family Office Technology by Accounting Today 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 FASB improves income tax disclosures 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 Early preparation may help taxpayers glide through tax season 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 International families in California – beware of the tax implications of community property News Team Thursday, January 25, 2024 12:00 am http://americas.managersofwealth.com/article/59657/international-families-in-california-ampndash-beware-of-the-tax-implications-of-community-property The equal ownership rule means that any assets your partner owns (for instance, a property owned in their name and not yours) are considered to be 50% owned by you Tax Andersen Adds New San Diego Office, Expands Southern California Footprint News Team Wednesday, January 17, 2024 12:00 am http://americas.managersofwealth.com/article/59576/andersen-adds-new-san-diego-office-expands-southern-california-footprint The move comes after the professionals from Reibman, a leading San Diego-based tax compliance and planning firm, joined Andersen. Tax How Much Do I Have to Make to File Taxes? News Aggregation Team Monday, November 27, 2023 12:00 am http://americas.managersofwealth.com/article/59161/how-much-do-i-have-to-make-to-file-taxes It’s crucial when filing to understand what status you fall under. Tax The IRS just announced the new tax brackets. Here's how to see yours. News Aggregation Team Friday, November 10, 2023 12:00 am http://americas.managersofwealth.com/article/59015/the-irs-just-announced-the-new-tax-brackets-hereamp039s-how-to-see-yours The IRS adjusts tax brackets annually — as well as many other provisions, such as retirement fund contribution limits — to counter the impact of inflation. Tax Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 News Aggregation Team Thursday, November 09, 2023 12:00 am http://americas.managersofwealth.com/article/59001/temporary-tax-plan-could-boost-your-standard-deduction-by-up-to-4000 "The vast, vast majority of my constituents use the standard deduction on their taxes every year," said Rep. Carol Miller Tax Cotribute Named Finalist in 2024 Banking Tech Awards USA 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 Fitch downgrades New York Community Bancorp to 'BB' on near-term earnings pressure 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 TD Auto Finance Canada Thanks Customers and Colleagues After Achieving its Seventh Consecutive J.D. Power Award 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 8 Major Banks Closing 34 Bank Branches In New York 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 Bank of America to pay more than $100M for opening accounts without consent, doubling fees 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 Citi CEO Says US Consumers Are More Cautious, Emphasizes Bank Overhaul 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 TD and the Blue Jays™ team up to offer eligible TD Credit Cardholders exclusive perks at 2024 regular season home games News Team Tuesday, April 30, 2024 1:00 am http://americas.managersofwealth.com/article/60518/td-and-the-blue-jaysamptrade-team-up-to-offer-eligible-td-credit-cardholders-exclusive-perks-at-2024-regular-season-home-games Eligible TD Credit Cardholders get 10% back as a statement credit on eligible concessions and exclusive ballpark entry through Priority Line Access at gate 6A Retail Banking Forbes names 1st Source Bank, Wintrust and First Financial Bank among America's best News Aggregation Team Monday, April 29, 2024 1:00 am http://americas.managersofwealth.com/article/60505/forbes-names-1st-source-bank-wintrust-and-first-financial-bank-among-americaamp039s-best It's a list of America's top 100 banks based on financial metrics like growth, profitability and credit quality. Retail Banking Banks Pay Savers More to Stay Amid Steep Interest Rates News Aggregation Team Monday, April 29, 2024 1:00 am http://americas.managersofwealth.com/article/60507/banks-pay-savers-more-to-stay-amid-steep-interest-rates Among the lenders in question is Wells Fargo Retail Banking NYCB faces tough choices on CRE loans, balance sheet diversification News Aggregation Team Wednesday, April 24, 2024 1:00 am http://americas.managersofwealth.com/article/60465/nycb-faces-tough-choices-on-cre-loans-balance-sheet-diversification NYCB's future depends on the new management offloading some CRE loans and diversifying its balance sheet Retail Banking US, Japanese banks lead fossil fuel financing 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 TD outlines continued progress on sustainability goals in 2023 Sustainability Reporting Suite 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 Bank climate group to report capital markets related emissions 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 Asset managers’ green U-turn exposes energy transition cakeism 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 JPMorgan and State Street quit climate group as BlackRock scales back 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 BNP Paribas demonstrates its continued commitment to its longstanding relationship with Grameen America News Team Tuesday, February 06, 2024 12:00 am http://americas.managersofwealth.com/article/59767/bnp-paribas-demonstrates-its-continued-commitment-to-its-longstanding-relationship-with-grameen-america The recent closing of a new microfinance loan in 2023 demonstrates BNP Paribas’s continued commitment to its longstanding relationship with Grameen America Planet SOS ESG Hits Historic Low Point After US Investor Exodus From Funds News Team Friday, January 26, 2024 12:00 am http://americas.managersofwealth.com/article/59675/esg-hits-historic-low-point-after-us-investor-exodus-from-funds US fund clients withdrew a net $5.1 billion in the final three months of 2023, according to a fresh analysis by Morningstar Inc. Planet SOS What the COP28 climate deal means for investors News Team Thursday, December 14, 2023 12:00 am http://americas.managersofwealth.com/article/59323/what-the-cop28-climate-deal-means-for-investors The eventual impact of the deal will largely depend on its implementation and funding by individual nations and private industry. Planet SOS Can I invest sustainably across my portfolio? News Team Tuesday, November 28, 2023 12:00 am http://americas.managersofwealth.com/article/59176/can-i-invest-sustainably-across-my-portfolio The sustainability transition is not just driven by policy, as investors and corporations alike are integrating SI into their portfolios and businesses. Planet SOS Brazil raises $2 billion in ESG sovereign bonds debut News Aggregation Team Tuesday, November 14, 2023 12:00 am http://americas.managersofwealth.com/article/59042/brazil-raises-2-billion-in-esg-sovereign-bonds-debut The final allocation saw substantial participation from non-resident investors Planet SOS