Managers of Wealth Americas

Maples and Calder Recognised for Seven Airfinance Deal of the Year Awards

A leading financial resource on the aviation industry and market leader for aircraft finance news

Seven big banks settle U.S. rate-rigging lawsuit for $324 million

Several pension funds and municipalities accused 14 banks, including those that settled, of conspiring to rig the "ISDAfix" benchmark for their own gain from at least 2009 to 2012.

Developer Aby Rosen to Pay $7 Million in Suit Over Unpaid Taxes on Art

The New York attorney general, Eric T. Schneiderman, announced a $7 million settlement with Mr. Rosen on Tuesday for failing to pay taxes on $80 million in artwork that he had bought or commissioned since 2002.

DLA Piper doubles City promotions amid 48-strong round

DLA Piper has announced that 48 lawyers have been promoted to its partnership. The promotions are effective as of 1 January 2016 in the United States and 1 May 2016 for EMEA and Asia Pacific. The promotions were made across a wide spectrum of practice are

Bank of America Reaches $190 Million Mortgage Settlement

The bank had accrued "substantially all" of the settlement amount previously, Bank of America said in a filing with the U.S. Securities and Exchange Commission.

JPMorgan Says Justice Dept, SEC Probing Hires In Asia

JPMorgan Chase & Co, the largest US lender by assets, said the Justice Department's criminal division is among regulators investigating its hiring practices in Asia.

Sun Capital case may tip private equity equation

Court puts investors on the hook for pension liabilities of acquisitions

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

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