Managers of Wealth Americas

U.S. Arrests Money-Laundering Expert For Laundering Money

Prof. Bruce Bagley Participated in the International Laundering of over $2 Million Derived from Venezuelan Bribery and Corruption

Do You Have a Bank Account in Israel? The IRS May Be Targeting You!

The IRS coordinates with global banking and foreign governments to discover when U.S. taxpayers have failed to report foreign investments

Bankrupt Ex-Billionaire Sam Wyly Settles A $1.3 Billion Tax Bill—For Just $500 Million

Wyly wants to be known for building the arts-and-crafts chain Michael’s and several other companies, which first catapulted him onto Forbes’ list of the richest Americans in 2000, with a net worth of $750 million.

Defrauded retiree sues wealth manager

After wiring a deposit of $619,000 US (C$820,000) to a California bank account, McLeod received an email saying the balance should go to a different bank, based in Colorado.

BlackRock: Brazilian pension reform to usher in era of growth

Another tenet of the Bolsonaro’s pro-market reforms is ‘taking government subsidies out and putting the private sector in’, said Kuczma, adding that it would create a ‘base for sustainable growth in the country’.

Elizabeth Warren takes risk with ad blasting billionaires

A note appears on screen -- "charged with insider trading."

How America's oldest bank became a money laundering hub for post-Soviet Russia

Soviet banks were handled by a Russian aristocrat from the highest echelons of tsarist society

Conflicts of interest in target-date funds catch SEC’s eye

The big proportion of US workers channelled in the retirement portfolios has increased the review urgency

JPMorgan Precious Metals Probe Expands as Another Is Charged

Indictments against Michael Nowak -- JPMorgan’s global head of precious metals trading -- and Gregg Smith were made public in September and they have pleaded not guilty.

SEC Approves FINRA Amendments to Rules 5130 and 5131

FINRA member firms and others should begin evaluating account opening and other documents that collect information to facilitate compliance with the Rules

Japanese giant acquires Hunt, grows multifamily banking business

The commercial real estate lender offers the full range of Fannie Mae, Freddie Mac, and FHA financing, as well as proprietary bridge, term, and subordinated products.

Vancouver plans next step in real estate crackdown – a big watchdog

aving a single regulator for those areas will streamline investigations and enforcement, according to the government.

Law Firm Revenues Rise as Demand Accelerates, Citi Reports

The first nine months of 2019 saw 5.1% revenue growth for a sample of 190 law firms.

Canadian Securities Regulators and MAS Strengthen Cooperation in FinTech

The agreement sets out the framework of collaboration between the CSA members and MAS.

JPMorgan boss says ‘greedy, selfish’ bankers ‘let the people down’ ahead of financial crash

Jamie Dimon says: ‘I believe there were people ... who were greedy, selfish, did the wrong stuff, overpaid themselves and couldn’t give a damn. Yes.’

Europeans scramble for bank access due to US threats

The bank customers who received these letters were all "accidental Americans," people who automatically obtained US citizenship because they were born in the United States but who've lived their entire lives in Europe.

IRS Says ‘Dozens’ of New Crypto, Cybercriminals Are Identified

“We have tools in place that we didn’t have six months or a year ago.”

UBS Fined by Hong Kong for a Decade of Overcharging Clients

Bank is accused of overcharging clients in wealth management

Kuwait- Freeze assets of those on US sanctions list

CBK moves to combat money laundering, terror financing

Law Firms Trying Not To Go Bankrupt This Next Recession

The recession hit Biglaw hard and they aren't interested in going through that again.

Legal, Regulation & Compliance