Managers of Wealth Americas

8 of the biggest issues facing the banking industry today

USAA is another organization that has faced legal troubles this year.

Raymond James' incoming CEO isn't hung up on legacy building

Exposure to the firm’s inner workings made him a strong choice among a short list of internal candidates for consideration.

Will the Next President Help Banks Trap Customers?

“If you’re in a knife fight, you better damn well bring a knife,” Dimon said of industry efforts to stop regulators.

Banks are making big hires in preparation for 2025. The most precarious jobs at Millennium

The hires come as banks are slimming existing teams ahead of bonuses.

LPL’s New CEO Outlines Top Priorities

He added that the firm’s success is not dependent on advisors’ relationship with the CEO but rather the LPL employees they work with day-to-day.

It's Q4 and bankers are being cut before bonuses

It's Q4 and bankers HSBC's cuts are likely to afflict the middle and back office, but other banks are already cutting senior bankers and traders to protect their bonus pools.being cut before bonuses

Most consumers view banks as source of strength for U.S. economy

The survey shows that Americans see the nation’s banks competing aggressively for their business

What does the next decade hold for wealth management?

The FT’s new wealth editor has asked private bankers and lawyers to look into their crystal balls

Nearly 80 Million U.S. Consumers Lost Money to Scams in Last Five Years, With AI Key to Tackling Fraud and Financial Crime

Three in ten (30%) U.S. consumers say they or their households suffered losses after being targeted by scammers.

BlackRock Survey: Overwhelming Majority of Insurers Plan to Increase Allocations to Private Investments

The report tracks insights from 410 insurance investors surveyed across 32 markets, representing nearly $27 trillion USD in assets under management.

“If Trump wins, the Fed may not be able to lower interest rates to the target level of 3.5%” – an interview with Nannette Hechler-Fayd’herbe

She also gives her outlook for assets, and defends her current preference for fixed-income over equities.

World Bank says 26 poorest countries in worst financial shape since 2006

IDA normally is replenished every three years with contributions from World Bank shareholding countries

Bank of America Private Bank reveals age and gender gaps in charity work

A Bank of America Private Bank study on affluent Americans reveals generational and gender difference in charitable giving.

Average pay for bankers in New York? $471k. But 70% earn less than $250k

The report is a reminder that some people in financial services are paid exorbitantly well, while the rest are paid very well.

Wealthy Gen Zers Are Moving To These 5 States — and Leaving This State the Most

“Due to their age and income, they may be more prone to moving for economic and lifestyle opportunities than some older counterparts,” the study noted.

How To Address The Global Talent Shortage?

The 2023 ManpowerGroup Talent Shortage Study indicates that 75% of employers worldwide are struggling to find the talent they need.

Chubb's Digital Payments and Cyber Scams Survey Finds Growing Impact of Fraud on Consumers; Harms Trust in Payment Methods

Across the globe, 61% have changed their behavior or reduced use of digital payment platforms due to cyber scam concerns. 75% say transaction insurance would boost their trust, increasing adoption.

US tops Switzerland in global wealth ranking

The ranking is compiled in euros and sees the US in first place

Family guys focus on the Fed, tech and succession plans

Family offices are becoming increasingly professionalised and global.

A costly cut: Many Canadians plan to travel on tight budgets that won't include travel insurance, according to new survey

TD Insurance survey reveals a third of Canadians surveyed who plan to travel for pleasure in the next 12 months, won't be packing travel insurance that covers them completely.

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