Managers of Wealth Americas

What Do The SEC and Robo-Advisors Have In Common

Robo-advisors are a growing trend.

Europe and American Financial Regulatory Outlooks Could Diverge

The idea of repeating the conditions that were in place before the crisis is something that is very worrisome.

Anger as O.J. Simpson set to walk FREE - and cash in on mega-bucks pension

O.J. SIMPSON could walk FREE from prison in October after serving less than a third of his sentence, it has emerged today.

deVere's campaign to repeal America’s toxic global tax law turns up the heat in DC

Timing of the tax package is dependent on pending action on Obamacare.

Credit Suisse: Horsky Returns to Haunt the Bank

Credit Suisse three years ago pleaded guilty to helping U.S. customers evading their taxes.

Merrill Lynch Cuts Maximum Advisory Fee for Smaller Clients

Nearly 20% reduction expected to save some smaller investors thousands of dollars

Robos Are Also Subject to Fiduciary Duty

The SEC releases guidance on robos, advisors aren't talking to clients enough about risk, and there may be a looming retirement crisis.

RBC battles former executive after dropping Volcker strategy

Phiri first filed a lawsuit in New York State court in December against RBC's U.S. investment banking division

Hedge fund billionaire David Einhorn heading for divorce

He has reportedly said the gold is used by his fund as a hedge against inflation.

Lynn Tilton suffers setback in fraud case

Still, it wasn’t all bad news for the distressed diva.

FCA and OSC sign Co-operation Agreement to support innovative businesses

The Agreement follows the creation of the FCA’s Innovation Hub in 2014 and OSC LaunchPad by the OSC in October 2016.

Chamber: Parliament must pass FATCA bill

Debate on the TIEA comes very close to the deadline for its passage that T&T agreed with the US Treasury Department.

Prudential may hit Wells Fargo for account scandal costs-filing

It was unclear how much in costs Prudential may seek.

Brazil's central bank may accelerate easing following rate cut

The decision was unanimous and reflected favourable inflation developments and mixed signals on activity.

Wells Fargo Fires Four Senior Managers Amid Phony Account Scandal Investigation

All four individuals have been terminated for cause by a unanimous vote by the board of directors.

Chadbourne & Parke and Norton Rose Fulbright to Combine

The global firm will comprise more than 4,000 lawyers in 58 offices spanning 32 countries.

King & Spalding Continues Major Expansion

These six partners have prominent practices and are highly regarded transactional lawyers with deep Texas connections in the energy, projects and real estate sectors which will broaden our footprint in the region.

Citigroup settles on $5 million fine with South African authorities on forex collusion case

This figure does not exceed 10% of Citibank N.A.’s annual turnover in the Republic of South Africa.

Wells Fargo fund business on the defensive amid sales scandal

Last September, the bank said it reached a settlement with the authorities over findings that its branch staff opened up to 2 million unauthorized customer accounts.

New Global Private Client Practice launched

The Global Private Client Practice advises families, family offices and trust companies on tax, business and other legal issues as they interact with the United States.

Legal, Regulation & Compliance