Managers of Wealth Americas

BlackRock, JPMorgan climate votes at odds as new rules loom

The studies found BlackRock supported such resolutions around 10% of the time this year, about the same as in 2019.

U.S. Taxpayer In Panama Papers Investigation Sentenced To Prison

In addition to the prison term, Judge Berman ordered von der Goltz to serve three years of supervised release, to pay forfeiture in the amount of $5,373,609 and restitution in the amount of $3,448,848, and to pay a fine in the amount of $30,000.

Global bank crackdown in past decade may have failed to curb suspect dealings

The documents revealed on Sunday (Sept 20) shed light on a faulty system where banks complain about reports that get no follow-up from authorities, while critics say lenders are checking off boxes without taking meaningful steps to stop financial crime.

HSBC HK shares plummet after reported illicit activity

The revelations underscore challenges for regulatory and financial institutions trying to stop the flow of dirty money despite billions of dollars of investments and penalties imposed on banks in the past decade.

$400M Wisconsin Team Partners With Dynasty To Launch RIA

It specializes in helping clients’ transition into retirement, with an emphasis on planning for corporate executives and their families.

Financial Advisor Launches RIA

Wisconsin Team Upgrades to a More Sophisticated Platform; Manages $400 Million in Client Assets

Julius Baer to propose payout of second tranche of 2019 dividend; advanced discussions to resolve the FIFA matter

The Bank is currently in advanced discussions with the DOJ about reaching a resolution in such matter, which may result in the payment of a double-digit million US dollar amount.

Fed expected to raise economic forecasts, extend vow to keep rates low

The strategy means the Fed will not take its foot off the monetary gas pedal even if unemployment continues to drop at a faster-than-expected pace.

Oppenheimer & Co. Inc. Builds Out Digital Experience Platform For Financial Advisors And Clients Through New Strategic Alliance With InvestCloud

Oppenheimer's New Advisor-Client Portal Powered by InvestCloud to Deliver Comprehensive and Seamless Digital Client Onboarding and Relationship Management Experience

NCR integrates Kasisto’s conversational AI into its digital banking technology

Together, Kasisto and NCR’s technology intends to deliver a digital experience to all segments of the financial services industry that will assist customers, no matter where they are, what they need, or when they need it.

Julius Baer in talks to settle Fifa corruption case with US authorities

‘Advanced discussions’ with Department of Justice may result in payment of tens of millions of dollars

Regulators Prepare to Reprimand Citigroup for Failing to Improve Risk Systems

Moves accelerated plans for CEO Michael Corbat’s retirement

Will the BVI follow the DIFC, USA and New Zealand?

One of the recommendations that is most likely to affect the BVI Commercial Court is the recommendation for the removal of the requirement in CPR Part 7 that the court's permission is required before a claim form can be served out of the jurisdiction

Private investment for L Catterton worth US$200million

Acting as BVI counsel, the Mourant team was Senior Associate Marianne Wilson and Associate Martyn Heyes working with Partner Rachael McDonald.

As Pandemic and Systemic Pressures Impact Retirement Savings, Advisors and Financial Professionals Favor Key Provision of SECURE Act

Millennials and Gen X Investors Strongly Agree on the Need for SECURE Act's In-Plan Guarantees According to Nationwide's Sixth Annual Advisor Authority Study

The Storm before the Calm or the Calm before the Storm?

Analysis of market positioning suggests that traders do not have significant sterling shorts yet.

Goldman Sachs Asset Management Closed-End Funds Announce Shareholder Approvals of Reorganization of Goldman Sachs MLP Income Opportunities Fund into Goldman Sachs MLP and Energy Renaissance Fund

This consolidation should allow for a more efficient cost structure and thus a better opportunity to deliver long-term value to investors.

Legal, Regulation & Compliance