Managers of Wealth Americas

Chief economist update: Bank of Canada walks the talk

Waxing positive they may (nearly) all be, they haven't walked their talks - preferring to wait for days better than the optimistic ones they anticipate. Not the Bank of Canada (BOC).

Investing in the US’ infrastructure recovery

The need for infrastructure investment is not limited to the US, though it is especially pressing there.

WesBanco Again Ranked by Forbes as a World's Best Bank

With strong scores across the survey, WesBanco received very high scores for 'satisfaction', 'customer services', 'financial advice', and 'digital services'.

The US 10-year bond yield - A Tale of Two Countries

Many economists are still happy to say that all will be well and that inflation will drift lower as the year progresses.

With Disruption Everywhere, Here’s What Advisory Firms Should Prioritize

Some considerations to maintain resiliency are through diversity, redundancy, and flexibility.

Bernie Madoff dies in prison

The US Securities and Exchange Commission had conducted five major investigations into Madoff, dating back to 1992, but had failed to find evidence of his fraud for over a decade.

Bank of America tops estimates on Wall Street trading and banking, release of loan-loss reserves

The bank posted first-quarter profit of $8.1 billion, or 86 cents a share, exceeding the 66 cents a share expected by analysts surveyed by Refinitiv.

Millennials Make Their Mark, Highlighting a Big Shift in the Investing Landscape According to New Broadridge Study

Widest data study ever of the retail investment marketplace delivers unprecedented evidence-based insights into investors' purchase of U.S. equities, mutual funds and ETFs

7% growth in global reinsurance capital, with signs of underlying combined ratio improvement: Willis Re

Willis Re’s Reinsurance Market Report tracks the capital and profitability of the global reinsurance industry.

Time for Value as Growth and Inflation Arrives

The other key data point of the week is the US inflation data.

Being An Investment Banker: Is It As Scary As It Sounds?

The main reason for the difficulty in understanding investment banking is people generally start with the question 'How to become an investment banker?'

Stocks slip off record highs ahead of earnings, U.S. data

Total market capitalization of global equities hit $90 trillion dollars last week, according to Refinitiv data.

Nothing new under the sun

Old City hands will tell you that there are only two ways to look at financial markets.

Bonds Hold Their Breath

To add to the growth positive mix, details of President Biden's $2.25 trillion infrastructure spending package are starting to circulate.

‘The rich shouldn’t feel like the enemy’: Is New York turning on the wealthy?

rogressives want the richest residents to pay more tax to help repair the city. But some are threatening to leave for Florida.

5 Ways To Make Customers Trust You More As a Brand

Promoting brand loyalty towards your products or services is the best strategy to grow in a more competitive market.

What skeletons lurk beyond Archegos?

The episode also highlights the importance of robust governance and risk controls, as well as the danger of leverage.

Strengthening resilience is the key to success in 2021, says PwC's Global Crisis Survey

According to survey respondents, for 2021, the outlook is positive: In PwC's 24th Annual Global CEO Survey, published earlier this month, a record-high 76 percent of CEOs believe global economic growth will improve in 2021.

Funds bet on consumer boom to rival 'Roaring 20s'

Investors began piling into cyclical stocks that benefit from an economic rebound late last year following good news on the vaccine front, while pulling back from high-valued technology stocks.

The shocking ways billionaires, highly profitable companies hide their money

With average condominiums selling for over $4 million, Millennium Tower is not only a wealthy residence for the rich, but also a ‘wealth storage unit’ for global capital looking to park itself and hold value.

Comment, Analysis & Research