Managers of Wealth Americas

JPMorgan, Deutsche Bank Sued by Epstein Accusers in New York

Class action style lawsuit accuses banks of enabling Epstein

Goldman Sachs to Pay $4 Million SEC Penalty in ESG Fund Case

Asset management unit didn’t follow policies, procedures: SEC

European regulator drafts guidelines for ESG fund names

The regulator is particularly focused on whether it makes sense to have quantitative thresholds for the minimum proportion of investments needed to support a fund with ESG or sustainability in its name.

Chubb Receives Regulatory Approval to Increase its Huatai Stake to 83.2%

The company expects the transaction to close early in the first quarter of 2023 and will provide additional information in the near future.

Former Morgan Stanley CEO on Swiss banks: Secrecy is 'their nature'

It also promised to reveal any hidden bank accounts.

Roger Ng Sues Ex-Boss Tim Leissner for Alleged Fraud

The complaint also highlighted the predicament that Ng faced as he was deprived of funds to defend himself in the 1MDB case, which was allegedly stolen by Lessiner to cover his own defense costs in a related case.

AIG Announces Five-Year Employment Agreement with Peter Zaffino

I look forward to continuing to build on our significant momentum on our journey to become a top performing company and market leader in everything we do.

Canada's BMO books $834 mln charge over U.S. Ponzi lawsuit loss

The sums became unavailable for repayment to creditors when the fraud was uncovered in 2008, a trustee said in the lawsuit.

Central Bankers Diverge, As Investors Go Bottom Fishing

The Federal Reserve last week only confirmed the market’s long-held suspicion that the central bank would have to target higher policy rates

Columbia banking systems announces agreement to sell seven Washington and Oregon branches to 1st Security Bank

Branches are Being Divested to Satisfy U.S. Department of Justice (DOJ) Requirements for Columbia's Pending Merger with Umpqua

IDB bank leads $100MM revolving credit facility for Dwight funding

Ben Brachot, Dwight's Co-founder, shared that this facility supports the continued growth of the modern lender's robust portfolio.

Bissinger, Oshman, Williams & Strasburger Honored as Top Commercial Litigation Firm

Houston boutique also honored for bankruptcy litigation, mass tort defense

SEC introduces rule on outsourcing for investment advisers

SEC proposes new oversight requirements for certain services outsourced by investment advisers.

Morgan Stanley to commence job cuts as amid subdued dealmaking

Majority of the rest of the cuts might cover other teams responsible for both onshore and offshore businesses in China.

Wells Fargo expected to cut more jobs

Mortgage loan officers are the anticipated target

Choreo Inks Deal for $1.8B RIA Enso Wealth Management

Choreo had $9.6 billion in regulatory assets under management as of its its latest Form ADV, filed in July.

Kroll Named Best Regulatory and Compliance Firm at Private Equity Wire US Awards 2022

Pre-selection for these awards was provided by Bloomberg and based on annualized performance over a 12-month period from May 31, 2021, to May 31, 2022.

Convicted LIBOR rigger Tom Hayes has US charges thrown out

Served over five years

TD Asset Management Inc. Announces Risk Rating Change to the TD Global Technology Innovators Index ETF

This risk rating change is based on the standardized risk classification methodology mandated by the Canadian Securities Administrators

SEC Proposes New Rule for Investment Advisors Who Outsource Essential Functions

The commission approved the proposal by a three-to-two party-line vote with the two Republican commissioners voting against the measure

Legal, Regulation & Compliance