Managers of Wealth Americas

Lower US weekly jobless claims; BoE on hold

While cautiousness looks justified on ongoing fragile recovery, the 2021 BoE's scenario looks too optimistic without any further support from the economic policy.

Schroders’ experts preview the 2020 US presidential election

Schroders’ experts share their views on the 2020 US presidential race; from what the polls are telling us, to the potential impact on markets and policy.

Glia Fuses Digital Customer Service with Alkami Online Banking Platform

Alkami brings Glia's digital-first customer support platform to clients within an integrated cloud-based product suite

CFIUS’s 2019 Annual Report Shows Increased Reviews of Foreign Investment as Jurisdiction Expands

With the new FIRRMA regulations now implemented, which allow Declarations to be filed for all transactions, investors should closely monitor these trends and CFIUS’s execution of its expanded jurisdiction.

Goldman Sachs cuts quarterly earnings citing legal provisions

The bank said it set aside $2.96 billion in the second quarter for legal and regulatory costs, up from the $945-million Goldman said it set aside on July 15 during its second quarter earnings announcement.

Beyond the FCPA Resource Guide Redlines: What's New and Why It Matters

This Mayer Brown Legal Update includes a quick update on what's new in the second edition

“Comparable” Alternative Reference Rates to LIBOR: The Low Bar for Official Designation, the Much Higher Hurdle of “Fit for Use” and Implementation for Market Participants

While there are a little over 500 days before LIBOR’s likely permanent cessation on December 31, 2021

Absa ARO Completes Fully Virtual Implementation as It Moves to Fiserv for Card Management and Processing Across Nine African Nations

This timely implementation of FirstVision was achieved using a virtual team model based on proven Fiserv conversion methodologies, as the ongoing pandemic required remote operations.

CI Financial to acquire US$4.5-billion RIA

The acquisition vaults CI's U.S. wealth management business past the US$10 billion mark to approximately US$11 billion (C$14.7 billion) in assets.

The U.S. Is a Haven for Money Laundering. That Might Be About to Change.

Tucked into the sprawling defense authorization bill are measures to create a corporate ownership registry, which would plug one of America’s glaring gaps.

International: What 'Schrems II' means for companies that rely on derogations

The Court of Justice of the European Union's judgment stipulates that companies will need to evaluate whether their use of the standard contractual clauses provides sufficient protection in light of any access by the public authorities of the third c

California high court rules against pension ‘spiking’

Public employee unions sued the pension systems for following the pension reform bill

N.Y. Lawyer Can’t Also Provide Wealth Management Services

Attorney wants to provide legal, non-legal services for separate fees

Hebron Announces Results of Independent Investigation Refuting Recent Allegations

White & Case has concluded based on the evidence collected and the information provided by interviewees that none of the three transactions specified in the short seller's report qualified as related party transactions requiring disclosure under

US sanctions London-based Cuban bank

The United States announced sanctions Thursday against Havin Bank LTD, a London-based Cuban entity also known as Havana International Bank, dealing a blow to the Cuban financial system.

Pier 21 Asset Management Extends Asset Servicing Relationship with CIBC Mellon

Pier 21 taps into CIBC Mellon services for custody, fund accounting, recordkeeping and foreign exchange processing and settlement

Best Retirement Plans For You

Even if you do have a retirement plan through work, like a 401(k), you may want to save additional money beyond the annual 401(k) contribution limits.

Law Firm Launches RIA Practice Group

The practice is led by co-chairs Kerry Zinn, a Principal in the Fort Lauderdale office and Mark Knoll, Managing Principal of the firm’s New York office.

DOL Proposal Puts Workers First for Retirement Investment Advice

Our proposed exemption strengthens protections for retirement savers while avoiding the problems of the vacated Obama-era fiduciary rule.

World’s Best Sub-Custodian Banks 2020

Subcustodians make cross-border securities investing possible

Legal, Regulation & Compliance