Managers of Wealth Americas

Fund managers oppose changes to SEC’s ‘names rule’

Feedback on US regulator’s proposal includes concerns about companies being forced to be more active or passive

CoinZoom Expands International Footprint with Cryptocurrency Trading License from Bermuda Monetary Authority

License will further exchange’s mission of bringing crypto to the masses by providing a secure, compliant platform to offer additional services such as Margin Trading

Brookfield Infrastructure Signs Definitive Agreement with Intel

The arrangement supports Intel’s continued build-out of U.S. semiconductor manufacturing capabilities.

iCapital® to Acquire US Alternative Investments Feeder Fund Platform from UBS

UBS outsources feeder fund management to iCapital, supporting advisors’ focus on client outcomes

US SEC’s decision to let MiFID II no-action letter expire could cause problems for both European asset managers and US brokers

The MiFID II regulations that came into effect in Europe in January 2018 unbundled trading and research and pushed almost all European asset managers into paying for investment research in cash.

Carey Olsen advises Argentinian fintech Geopagos on US$35m funding round

The Carey Olsen team advising Geopagos on the Cayman Islands law aspects of its fundraising

Credit Suisse Ramps up Legal Pressure on Softbank

For its part, Softbank attorneys said Credit Suisse's efforts to get information via courts in the US is a «fishing expedition».

US Treasury sanctions Tornado Cash

Virtual currency mixers that assist criminals are a threat to U.S. national security.

Mini-Tender Offers: Tips for Investors

Investors need to scrutinize mini-tender offers carefully.

KKR Forms Strategic Alliance with Loop Capital

KKR has issued more equity to the public markets over the past decade

2022 banking regulatory outlook

Expanding regulations to address new and emerging challenges

Citi and Insigneo Complete Sale of Citi’s International Personal Bank Business in Puerto Rico and Uruguay

With the acquisition of CIFS and Citi Asesores, Insigneo will now exceed $17B in client assets and serve over 400 investment professionals.

The Dollar – The Best of a Bad Bunch

The dollar’s recent inexorable rise has appeared to show no bounds and has made asset allocators inevitably believe that it may be too risky to bet against the currency.

Bank First Signs Agreement to Acquire Hometown Bancorp

Bank First's focus on providing innovative products and services will allow the customers of Hometown to benefit from a wide array of retail banking products and loan programs tailored to the unique needs of each individual or family.

Citizens Is Now the Official Bank of the New York Giants, New Jersey Devils, and Prudential Center

As part of Citizens’ firm commitment to understand and support the neighborhoods it serves, Citizens will partner with the Giants to announce a community program later this summer that addresses local needs

Withers global art team recognized by Chambers 2022 HNW guide

The guide identifies and ranks law firms and lawyers around the world, with the HNW Guide specifically focusing on those representing wealthy individuals and families.

The Fed Serves up a Reality Check

They also made it quite clear that the anchoring of inflation expectations is more important than a potential slowdown in economic activity.

Two Financial Asset Managers Charged in Alleged $1.2 Billion Venezuelan Money Laundering Scheme

The conspirators laundered the illicit proceeds in connection with a corrupt foreign currency exchange scheme involving bribery of Venezuelan officials.

Brazil will continue with its interest rate instrument in the future, says central bank director

The central bank raised its benchmark Selic interest rate to 13.25% in June

Paul Hastings Advises SD Biosensor and SJL Partners on $1.53B Acquisition of Meridian Bioscience

The transaction is expected to close in the fourth quarter of 2022

Legal, Regulation & Compliance