Managers of Wealth Americas

Connecticut Bars Investment Manager From Establishing New Firm

Robert Tricarico has been given the opportunity to request a hearing on the allegations by Connecticut Banking Commissioner Jorge Perez.

KeyCorp, Department of Justice, and Federal Reserve Board Agree on First Niagara Branch Divestitures

Key to Sell 18 First Niagara Locations and $1.7 Billion in Deposits to Northwest Bank

Raymond James Warns DOL Is Key Consolidation Accelerant

As the industry continues to digest what the fiduciary rule means, advisors will need “to diversify their service offering” as a means to delivering “more value to prevent fee compression.”

Fired JPMorgan Salesman Fired Again by BofA Over Hidden Bonus

Tutenuit’s troubles at Bank of America’s Merrill Lynch Capital Markets unit in France started when he negotiated a signing bonus that the bank believed was designed to make up for deferred compensation he lost when he left JPMorgan.

Baker Tilly Named 2016 LearningElite Organization by Chief Learning Officer Magazinearning Officer Magazine

The firm understands that as its people grow and develop as VBAs, the firm’s clients realize benefits with even greater levels of service and satisfaction.

Appleby Counsel Speaks At Key Insurance Events

As a starting point, Samuel’s presentation provided a history and overview of the Cayman’s legal framework with emphasis on the cooperative efforts it has made to lead by example in the international financial community.

U.S., Panama Sign Info-Sharing Deal on IRS, Citizens’ Bank Accounts

Deal allows for automatic exchange of information about U.S. citizens’ accounts

Clues to Jailed Fund Manager's Millions Sought in Panama Leak

Getting access to the papers will be a challenge.

Citigroup shareholders in rebellion over executive pay

The pay plans were approved but 36.4 per cent of votes were cast against.

IRS Rules on Tax Consequences Associated With Early Termination of a Generation-Skipping Taxable Marital Trust

Surviving spouse deemed transferor for gift tax and GST purposes

J.P. Morgan broker-dealer and custodian fined $1 million

The bank's broker-dealer and custody and clearing arm allegedly violated SEC and Finra rules through operational, supervisory and record-keeping misconduct

Bank Regulators Still Slow At Enforcing Dodd-Frank

Under the rules, banks that have had their plans rejected have 90 days to revise their plans, unless regulators decide to shorten or lengthen that time frame.

Proposed Dodd-Frank rules may omit money managers

Only 18 of the 669 registered investment advisers subject to the rule would face the heaviest regulation

Goldman Sachs, Vista Equity Agree to Settle Tibco Investor Suit

Firms to pay about $30 million to former investors in software company whose sale to Vista was marred by a share-count error

NY Regulator Wants Foreign Banks' Records on Dealings with Panama Firm

The documents, which have come to be known as the Panama Papers, contained information on about 214,000 offshore companies and showed how individuals and corporations were able to hide assets and avoid taxes.

Steven L. Cantor Receives Miami Today Award

Global Attorney Steven Cantor of Cantor & Webb Cited

NY regulator wants foreign banks' records on dealings with Panama firm

The documents, which have come to be known as the Panama Papers, contained information on about 214,000 offshore companies

Funds Want More Flexibility in SEC Derivative Proposal

Regulators target some liquid alternative and exchange-traded funds. Will the rules make matters worse?

Why the S.E.C. Didn’t Hit Goldman Sachs Harder

The investigators had been looking into Goldman Sachs’s mortgage-securities business

Brazil Goes Easy on Wealthy Tax Dodgers to Help Plug Budget Gap

The finance ministry expects the legislation, signed into law in January with little fanfare, to raise about $10 billion for government coffers

Legal, Regulation & Compliance