Managers of Wealth Americas

Green still the colour of money

The emissions revolution that rocked Exxon Mobil is also stirring up California

Bank Julius Baer Admits Laundering Over $36 Million in Bribes in FIFA Case

Swiss Bank Agrees to Pay More than $79 Million in Penalties in Deferred Prosecution Agreement

Ex-Swiss Banker's Sanction in Brazilian Graft Upheld

Dozens of companies admitted paying bribes to politicians and officials to win contracts with Petrobras.

Chubb Rule of Law Fund Expands Support for Projects that Advance Racial Justice

Awards $1.1 Million to Fund Projects to Combat Inequities in Policing and Criminal Justice System

Clyde & Co to open in Vancouver through merger

The team works with both domestic and London market insurers.

Latham & Watkins Advises Ares Management Corporation in Acquisition of Black Creek Group

A multidisciplinary team represented the global alternative investment manager in the agreement.

Bank of America’s Merrill Lynch to Ban Trainee Brokers From Making Cold Calls

In shift for program that dates back to 1945, recruits will now be directed to use internal referrals and LinkedIn messages to prospect for new clients

Credit Suisse Faces Class Action Lawsuit in the U.S.

In April, the City of St. Clair Shores Police & Fire Retirement System filed a class action lawsuit against the bank in a Manhattan-based federal court for allegedly misleading investors and mismanaging exposure to high risk clients.

Latin American Investor Files Six-Figure Northstar (Bermuda) Fraud Claim Against Truist Investment Services

The claimant invested mostly in bank products and checking and savings accounts with SunTrust.

CORRECTING and REPLACING Wells Fargo to Liquidate Central Fidelity Capital Trust I and Wachovia Capital Trust II Resulting in the Cancellation of Capital Securities and Distribution of Underlying Debentures to Holders

The following table sets forth information concerning the Capital Securities that will be canceled, and the corresponding Debentures that will be exchanged for those Capital Securities, on the Liquidation Date.

IQ-EQ receives regulatory approval to acquire Concord Trust Company

This strategic transaction is the first for IQ-EQ in the U.S. Private Wealth trust space, and a signifier of IQ-EQ’s future intent within the U.S. Private Wealth market.

Global life insurer admits it helped US citizens hide $1.45bn

Swiss Life Holding AG, Swiss Life (Liechtenstein) AG, Swiss Life (Singapore) Pte. Ltd., and Swiss Life (Luxembourg) S.A. Enter into Deferred Prosecution Agreement for Criminal Misconduct; Agree to Collectively Pay More than $77 Million

Broadridge Announces Closing of $1.0 Billion Senior Notes Offering

Broadridge intends to use the net proceeds of this offering to repay a portion of the outstanding indebtedness under its Term Credit Agreement and for general corporate purposes.

Carey Olsen advises Genius Sports on New York Stock Exchange listing

The Carey Olsen team advising Genius Sports on the Guernsey legal and regulatory aspects of its NYSE listing comprised Christopher Anderson, Rachel de la Haye, John Scanlan, Alexandra Hehir and Nickie Pickernell.

Rogue branch lawsuit prompts Morgans payout offer

The settlement offer, revealed by The Australian Financial Review, follows Morgans’ own internal investigations having raised alarms about the branch.

Road to Recover Class Action Proceeds Grows More Complex for Investors, Broadridge 2021 Global Class Action Annual Report Highlights

The Broadridge Global Class Action Annual Report offers an in-depth analysis of the 10 most complex class action recovery opportunities from 2020 involving financial instruments.

Legal, Regulation & Compliance