Managers of Wealth Americas

Leveraging outsourcing to meet rising AUM - SS&C

SS&C has been providing global, middle- and back-office and performance measurement outsourcing services for more than 20 years.

$100m fortune is worthless when you’re in a jail

Roomy Khan, who was jailed for financial crime in US, says a professional culture encouraging fraud led her to insider trading

U.S. asset manager to press gunmakers on safety efforts

The statement also said State Street will monitor the companies’ lobbying activities.

Supreme court narrows whistleblower protections under dodd frank

The Court’s opinion in Digital Realty v. Somers[2] resolved a circuit split between the Ninth and Second Circuits, on the one hand, which had agreed with the SEC’s interpretation, and the Fifth Circuit, on the other.

Statement on Cybersecurity Interpretive Guidance

There is no doubt that the cybersecurity landscape and the risks associated with it continue to evolve.

FCA and US CFTC ink FinTech innovation deal

The Financial Conduct Authority and the US Commodity Futures Trading Commission (CFTC) have today signed an arrangement that commits the regulators to collaborating and supporting innovative firms through each other’s financial technology initiative

Two Sentenced in $10 Million Investment Fraud Scheme

More Than 60 Victims Left in the Lurch

Credit Suisse under investigation in US over Asian hiring

The development comes in the same week as the Zurich-based bank reported a net loss of $1bn for 2017, largely attributed to American income tax expenses.

The Law Firm Disrupted: The Next Wave of In-House Tech Is Already Here

What the advent of contract analytics could mean for the future function of corporate legal departments.

Steven Cohen’s Investment Firm Accused of Hostility to Women

The lawsuit offers a rare glimpse inside the $11 billion firm, which is run by one of Wall Street’s most fabled traders and is a huge source of business across the banking industry.

Ex-Morgan Stanley FA Gets Two Years in Prison

Contrary to what they had promised the client, Geoffrey Walsh put the properties in the name of his business, failed to furnish her with loan or title papers and then sold off some of the properties without her authorization to cover his own personal expe

Former Merrill Exec Wins Skirmish Over Losses in His Stock Plan

Merrill, which believes it can receive more sympathetic hearings in trial courts than in arbitration, has been arguing that the stock in the executives’ plans was issued by Merrill Lynch & Co.

Credit Suisse Faces Lawsuit Over Deferred Pay For Brokers

A Credit Suisse spokeswoman tells the newswire that the suit has no merit and that it’s standard practice for Wells Fargo and other brokerages to cover the deferred compensation of new hires in such instances.

Credit Suisse Says Claims Bank Misled Investors Unfounded

“All regulatory reviews were closed without any action against Credit Suisse,” it said.

Wall Street trader, NFL players hit hard by ‘untouchable’ $4M mob-linked scheme

One of its principals, a reputed made member of the Colombo crime family, even threatened to whack Spanakos during a 2013 deposition.

Law Firms Finished 2017 Better Than 2016 And Everything’s Still Malaise

Law firms had a better 2017 than 2016, but not by much.

Bitcoin Breaks Below $6,000 as Cryptocurrency Exodus Accelerates

The rout in cryptocurrencies intensified, sending Bitcoin to its lowest level since October, as worries over tighter regulation by U.S. authorities and central bankers elsewhere gave traders fresh reasons to sell after a brutal start to 2018.

The tide is turning against US financial regulation

For most of the decade since the global financial crisis, financial regulation has been strengthened. Now the tide is turning in America.

International law firm launches strategic citizenship and residence consultancy

Helping clients interested or needing to secure additional citizenships, or residency rights through investment programmes, will be an area of particular focus

Ex-State Street Executive Faces New U.S. Fraud Charge

The indictment said that as a result of McLellan's action, State Street overcharged the insurers and the funds it advised by about $700,000.

Legal, Regulation & Compliance