Managers of Wealth Americas

Servpac and American Savings Bank Announce Data Center Partnership

Enhanced security features make MTP Data Center the only Tier 4 Data Center on Oahu

CI Global Asset Management Announces December 2020 Distributions for CI ETFs

The record date for the 2020 annual reinvested distributions is December 31, 2020, payable January 8, 2021.

US Congress Passes Significant Legislation on the Security of the Internet of Things

Finally, Section 4 directs that the “Federal Acquisition Regulations shall be revised as necessary to implement any standards and guidelines” promulgated as described above.

Transamerica to Pay $8.8 Million for Supervision Lapses

Firm Ordered to Pay $4.4 Million in Restitution to Approximately 2,400 Affected Customers

Wells Fargo set to be freed from AML consent order

Referring to the bank’s regulatory woes, Scharf said earlier this month at an investor conference, “I think it took a while for people to really digest what it all meant for the company, quite frankly.”

Cayman: a jurisdiction of choice for Canadian HNWIs

The COVID-19 pandemic has also led many to have a fundamental rethink as to how and where they want to live, with a better work/life balance and a healthier lifestyle topping people's list of priorities.

All U.S. Bank Regulators Should Require Banks To Incorporate Climate Change Risks Into Their Risk Management Frameworks And Disclosures

Banks should also start conducting scenario analysis of what impact new Biden-Harris climate change initiatives could have on their loan and trading portfolios.

ABA Hits Out at New Credit Union Debt Rule

The association objects to further capital raising flexibilities for large credit unions that already receive tax exemptions

CDC Recommends Bank Workers Be in Third Phase of Vaccinations

In addition to financial workers, Phase 1c will include persons over 65 and those aged 16 to 64 with high-risk conditions, as well as workers in the transportation, food service, construction, IT and telecommunications, energy, media, legal, safety engine

US Collateral Account Best Practices

This Legal Update explores potential areas of concern for lenders associated with Collateral Account documentation and follows with considerations for drafting and best practices used to mitigate, and ideally avoid, potential issues associated with Collat

All U.S. Bank Regulators Should Require Banks To Incorporate Climate Change Risks Into Their Risk Management Frameworks And Disclosures

Those communities need our support, they need institutions to act, and they need representation when it comes to making these decisions that deeply affect them.

Federal Reserve Frees Up US Banks After Stress Test Results

On Friday the Fed updated the restrictions for the March quarter saying, “In light of the ongoing economic uncertainty and to preserve the strength of the banking sector, the Board is extending the current restrictions on distributions, with modific

Regulation alone will not strengthen Europe’s digital sector

The EU needs more risk-taking capital and reformed product markets

Brand New Litigation Boutique Is Already Beating Cravath On Bonuses

Wow, the firm isn't even a year old yet. Great work!

The U.S. Should Stop Helping Criminals Hide Money

Requiring companies to reveal their true owners would be a step in the right direction.

JPMorgan was losing bidder in $7bn battle for asset manager Eaton Vance

Revelation underscores competition among banks to bolster investment management divisions

In Final 2020 Meeting, Fed Looks to Bridge the Gap

Hints about new criteria, or even the pre-conditions for deviation from existing policy, will have implications for investors.

US Federal Reserve Joins the Network of Central Banks and Supervisors for the Greening of the Financial System

This action appears to anticipate the incoming Biden administration’s stated intention to rejoin the Paris Agreement, since the purpose of the Network is to:

SEC slaps former Argo boss Watson with fine for misrepresenting pay

The SEC said the money from the fine will be transferred to the general fund of the US Treasury.

Northern Trust Renews Partnership with Wharton Global Family Alliance

Three-year extension to include collaborative research on multi-generational families and their businesses December 10, 2020 10:00 AM Eastern Standard Time CHICAGO--(BUSINESS WIRE)--Northern Trust, a leading provider of wealth management services, a

Legal, Regulation & Compliance