Managers of Wealth Americas

TrinityBridge sees 'soft landing reboot' ahead of next Fed decision

Wealth manager retains equity overweight and looks to likes of Blackstone and Capital One for returns on expectation of rate cut.

Morgan Stanley Wins Deferred Compensation Arbitration Case

Former Morgan Stanley rep Patrick T. O’Neill argued that the wirehouse’s deferred compensation plan forfeiture ran afoul of federal law.

Florida Man Arrested for $600K Fraud Targeting Haitian Investors

New York Attorney General Letitia James said Marc Henry Menard "treated himself to luxury vacations and shopping trips at his victims' expense."

Brazil’s central bank chief says monetary policy transmission less effective

The central bank chief indicated that Brazil would need to implement several reforms

Former Osaic Employee Sues Firm for Discrimination

In a complaint filed in New York federal court, Alla Bronskaya claims she was subjected to workplace expectations based on her Russian national origin, with a supervisor questioning her ability to “‘understand’ English.”

More Americans seeking citizenship from Caribbean CBI nations

As geopolitical uncertainties continue, these Caribbean citizenship programs are likely to become increasingly attractive to Americans seeking alternatives to traditional residency models.

Brazil Central Bank ends rate hikes

The bank has signalled since June that rates will likely be held for a “very prolonged” period.

Trump targets banks with order barring discriminatory 'debanking'

The order was largely in line with industry expectations, with regulators getting 180 days to examine firms for discriminatory activities

Wells Fargo won’t face class-action mortgage discrimination lawsuit

A federal judge denied class action certification in a mortgage redlining lawsuit against the lender, saying the plaintiffs “did not identify any ties that bind for purposes of commonality.”

JPMorgan denied it closed account linked to former Kansas governor on religious grounds, letter shows

The information your organization gave to us at account opening triggered our request for additional information.

Economists assess the consequences differently.

Measures follow Banco Master case and include higher surcharges, stricter allocation rules

Brazil tightens credit fund rules to limit bank risk-taking

The transaction has sparked scrutiny as it involves two similarly sized banks

US consumer finance watchdog to revise open banking regulations

CFPB’s decision follows a federal judge's pause on a lawsuit aiming to strike down these regulations.

Texas Offers Guidance on Advisors Using Fintech Tools to Access Held-Away Accounts

The guidance strikes a more platform-friendly tone than prior alerts out of Ohio and Missouri, but stressed that advisors must use the tools to meet “legal and regulatory obligations.”

5 million dollars gone: Embezzlement case at the CFA Institute

He allegedly used the funds to finance a lavish and lavish lifestyle.

TD Asset Management Inc. Announces the Termination of the TD Global Carbon Credit Index ETF

Prior to the Termination Date, TDAM will, to the extent reasonably possible, sell and convert the assets of the Terminating ETF to cash.

Linklaters advises Ontario Teachers’ Pension Plan Board on its acquisition of DONTE GROUP

The investment Linklaters facilitated reflects Ontario Teachers’ conviction in DONTE GROUP

Trump and the US labour market

The administration has even suggested that ‘naturalized’ US citizens – those with citizenship but not through birth – may be at risk of deportation.

Trump’s One Big Beautiful Bill Act Ends SEC Fund Used For In-House Tech Needs

The agency established the Reserve Fund in the wake of the Great Financial Crisis.

Bank of America Advisor Banned After Stealing $2.58 Million From NFL Player

According to the police, Williams received $435,000 from Graham’s checking account between October 2019 and September 2021.

Legal, Regulation & Compliance