Managers of Wealth Americas

CIMA: Cayman insurance industry strengthening

The new additions means that there are now 675 Class B, C and D insurance companies licensed in Cayman, with approximately $22 billion in premiums written and $71 billion in total assets.

Goldman Sachs to wave goodbye to GreenSky as proposed sale enters final stages

Goldman Sachs’ journey with GreenSky began back in September 2021

Credora granted Class M digital asset business licence by BMA

It added that all Instant Lend collateralised lending activity would transact through the newly licensed Bermudian subsidiary, Intermediary Services Ltd.

If You Can’t Beat the Lunatics, Join ‘Em—SD Bankers Decide to Oppose Central Bank Digital Currency

The Federal Reserve is nowhere near issuing a CBDC, and even if it were, the passage of HB 1193 would not have sped that issuance, and the veto of HB 1193 did nothing to slow that issuance.

BlackRock hit by backlash after fall in ESG votes

New York City comptroller Brad Lander accused BlackRock, the world’s largest money manager, of caving in to a “misinformed and shortsighted war against ESG at the behest of special interests”.

Changes to Side Letters, Audits, and More: Unpacking the SEC’s New Rules for Private Funds

Regulators voted Wednesday to approve new rules for asset managers, including private equity firms and hedge funds.

Brazil central bank director sees room for rate cuts but policy to stay tight

The central bank's weekly Focus survey of private economists shows median inflation forecasts at 3.86% next year and 3.5% in 2025 and 2026.

Ex-JPMorgan Gold Traders Get Prison for ‘Prolific Spoofing’

In imposing sentence, the judge said Smith and Nowak clearly knew what they were doing was wrong.

No sooner does Schwab disclose need for (up to) $500 million than it files with SEC for $2.35 billion cash injection by debt issuance and shares tumble 4.95%

Charles Schwab Corp. is seeking of $2.35 billion

SEC charges fintech investment adviser with violating marketing rule

In the first case involving the SEC's amended marketing rule, Tian has agreed to pay over $1 million to settle the charges, without admitting or denying the findings.

Fintech firm Titan to pay over $1 million to settle US SEC charges

Reuters previously reported the SEC was investigating investment advisers over whether they are meeting rules around custody of client crypto assets.

Major bank follows Bank of America and will close sixth branch in weeks due to customers changing ‘preferences’

This closure follows four other Santander branches across Pennsylvania being closed already this year.

$1 Trillion Of Private Debt Faces Potential Trouble, Bank Of America Warns

The remaining 40% falls under the category of private debt.

The SEC and CFTC crack down: Record-keeping fines soar beyond $2.5bn

The implicated firms did not contest the allegations, accepting their roles in violating record-keeping standards.

Best Lawyers in America 2024 Selects Six Attorneys from Keller/Anderle LLP and Names Kay Anderle as "Lawyer of the Year" for Legal Malpractice Law

The firm represents individuals, closely-held corporations, and some of the nation's largest corporations.

Legal, Regulation & Compliance