Managers of Wealth - Americas https://americas.managersofwealth.com/ Fri, 01 Dec 2023 04:20:31 GMT part of MediaG8way Group https://americas.managersofwealth.com/ https://americas.managersofwealth.com/assets/images/logo.png Managers of Wealth - Americas KohanaPHP Three UBS Advisor Teams Named to the Forbes America’s Top Wealth Management Teams List News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59190/three-ubs-advisor-teams-named-to-the-forbes-americaamprsquos-top-wealth-management-teams-list The team provides personalized financial advice and wealth management services to ultra-high net worth and high net worth individuals, families and business owners. Wealth and Asset Management CIBC Mellon Enhances Mackenzie Investments' Asset Management Capabilities News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59191/cibc-mellon-enhances-mackenzie-investmentsamp039-asset-management-capabilities Advances Mackenzie Investments' ongoing digital transformation with a leading-edge technology middle-office solution from BNY Mellon Wealth and Asset Management ‘Disruptive’ tech, Asian markets and US equities to create opportunity for UHNWs in 2024, says HSBC Global Private Banking News Aggregation Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59192/amplsquodisruptiveamprsquo-tech-asian-markets-and-us-equities-to-create-opportunity-for-uhnws-in-2024-says-hsbc-global-private-banking Wealthy investors can cope with increased global volatility through careful strategic decisions, HSBC’s Willem Sels tells Spear's Wealth and Asset Management J.P. Morgan Private Bank: global family office ecosystem puts it in prime position to meet the needs of UHNW clients News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59193/jp-morgan-private-bank-global-family-office-ecosystem-puts-it-in-prime-position-to-meet-the-needs-of-uhnw-clients Hong Kong has the highest ultra-high-net-worth (UHNW) population in the world, with more than 15,200 individuals, Altrata’s “World Ultra Wealth Report 2022” shows. Wealth and Asset Management DWS announces iCapital partnership to deliver global alternative asset strategies to the US private wealth sector News Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59178/dws-announces-icapital-partnership-to-deliver-global-alternative-asset-strategies-to-the-us-private-wealth-sector DWS recently confirmed its strategic ambition to leverage the demand from high-net-worth individuals and family offices for access to Alternatives strategies, including real estate, infrastructure and private credit. Wealth and Asset Management Goldman Sachs to accelerate Japan push, wealth management head says News Aggregation Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59179/goldman-sachs-to-accelerate-japan-push-wealth-management-head-says Marc Nachmann sees investment banking connections opening doors to unique deals Wealth and Asset Management Customer churn: “AI brings advisors to cases that would otherwise go undetected” News Team Tuesday, November 28, 2023 12:00 am https://americas.managersofwealth.com/article/59167/customer-churn-ampldquoai-brings-advisors-to-cases-that-would-otherwise-go-undetectedamprdquo Companies in all industries are exploring how they can reorganize their business using AI. Wealth and Asset Management Generational Wealth Advisors Recognized by D Magazine as a 2023 Top Wealth Manager News Team Tuesday, November 28, 2023 12:00 am https://americas.managersofwealth.com/article/59172/generational-wealth-advisors-recognized-by-d-magazine-as-a-2023-top-wealth-manager The finalists are selected based on several criteria, including whether planners maintain a strict fiduciary duty to their clients in wealth management and investment advisory services. Wealth and Asset Management Goldman Sachs AM expects more return dispersion across asset classes News Aggregation Team Tuesday, November 28, 2023 12:00 am https://americas.managersofwealth.com/article/59177/goldman-sachs-am-expects-more-return-dispersion-across-asset-classes An integrated approach to portfolio construction can benefit from differences in public and private capital market characteristics, says GSAM in its 2024 outlook. Wealth and Asset Management The Disconnect on Alts Between Asset Managers and Financial Advisors Persists News Aggregation Team Friday, November 24, 2023 12:00 am https://americas.managersofwealth.com/article/59150/the-disconnect-on-alts-between-asset-managers-and-financial-advisors-persists Despite a growing number of new products, a survey shows investment firms aren’t meeting the demands of wealth managers. Wealth and Asset Management Modern Wealth Management Appoints J.P. Rankin as Chief Compliance & Legal Officer News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59189/modern-wealth-management-appoints-jp-rankin-as-chief-compliance-ampamp-legal-officer Rankin brings more than a decade of legal experience to help the firm establish and maintain a national, cohesive compliance program People Moves TD to appoint Alan MacGibbon as Chair of the Board News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59195/td-to-appoint-alan-macgibbon-as-chair-of-the-board Mr. Levitt joined the TD Board in 2008 and has served as Chair since 2011. People Moves Industry Veteran Joins Wellington-Altus Board of Directors News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59196/industry-veteran-joins-wellington-altus-board-of-directors Andrew has long been a visionary for the Canadian Wealth Management industry People Moves Snowden Lane Recruits Hybrid RIAs in Colorado, Florida News Aggregation Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59197/snowden-lane-recruits-hybrid-rias-in-colorado-florida They are joined by Senior Client Relationship Manager Erika Winters People Moves The Hartford announces key leadership appointments News Aggregation Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59199/the-hartford-announces-key-leadership-appointments All appointments are effective March 1st, 2024, except for Ant’s, which takes effect January 2nd, 2024. People Moves Froda appoint ex-Klarna engineer as CTO in bid to continue expansion News Aggregation Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59182/froda-appoint-ex-klarna-engineer-as-cto-in-bid-to-continue-expansion Froda operates at the forefront of facilitating access to financing for small businesses. People Moves Perigon Wealth Management Welcomes Wealth Advisor Inc. of Nevada News Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59183/perigon-wealth-management-welcomes-wealth-advisor-inc-of-nevada The transaction extends Perigon's footprint into Nevada and enhances the firm's California presence with an office in San Diego County. People Moves Apollo Intelligence Names Chief Financial Officer News Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59187/apollo-intelligence-names-chief-financial-officer Susan brings rich experience in driving and supporting enterprise growth through disciplined fiscal management People Moves PPM America Hires Lord Abbett Director To Global Distribution Team News Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59188/ppm-america-hires-lord-abbett-director-to-global-distribution-team Greg is an excellent addition not only to the Global Distribution team but also PPM as a whole People Moves Churchill Asset Management brings on senior investment strategist News Aggregation Team Tuesday, November 28, 2023 12:00 am https://americas.managersofwealth.com/article/59166/churchill-asset-management-brings-on-senior-investment-strategist It is a new position People Moves US Regulatory Update Q3 2023 News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59201/us-regulatory-update-q3-2023 The new rules require SEC-registered private fund advisers to comply Legal, Regulation & Compliance SEC Charges Laidlaw & Co. Reps With Excessive Trading, Violating Reg BI News Aggregation Team Wednesday, November 22, 2023 12:00 am https://americas.managersofwealth.com/article/59127/sec-charges-laidlaw-ampamp-co-reps-with-excessive-trading-violating-reg-bi The SEC also charged the firm with failing to adhere to policies and procedures designed to catch evidence of excessive trading in client accounts. Legal, Regulation & Compliance Blackstone to close multi-strategy fund after assets drop nearly 90% News Aggregation Team Tuesday, November 21, 2023 12:00 am https://americas.managersofwealth.com/article/59117/blackstone-to-close-multi-strategy-fund-after-assets-drop-nearly-90 "This is a small, legacy fund of around $200 million," a Blackstone spokesperson said in an emailed statement. Legal, Regulation & Compliance Manulife Investment Management to Acquire Multi-Sector Alternative Credit Manager CQS News Team Thursday, November 16, 2023 12:00 am https://americas.managersofwealth.com/article/59068/manulife-investment-management-to-acquire-multi-sector-alternative-credit-manager-cqs The transaction is expected to close in early 2024 subject to customary closing conditions and regulatory approvals. Legal, Regulation & Compliance Morgan Stanley CEO says his firm is ready for ‘Basel III endgame’ — the sweeping new global rules on banking News Aggregation Team Thursday, November 16, 2023 12:00 am https://americas.managersofwealth.com/article/59078/morgan-stanley-ceo-says-his-firm-is-ready-for-amplsquobasel-iii-endgameamprsquo-ampmdash-the-sweeping-new-global-rules-on-banking Regulators say the changes in the proposals are estimated to result in an aggregate 16% increase in common equity tier 1 capital requirements Legal, Regulation & Compliance Sources: Focus Financial Firms To Consolidate News Aggregation Team Friday, November 10, 2023 12:00 am https://americas.managersofwealth.com/article/59019/sources-focus-financial-firms-to-consolidate Industry sources say Focus Financial Partners' new private equity owner plans to merge the sprawling ecosystem of firms into a small number of its existing entities. Legal, Regulation & Compliance Citigroup to Pay $25.9 Million for Armenian-American Discrimination News Aggregation Team Thursday, November 09, 2023 12:00 am https://americas.managersofwealth.com/article/59005/citigroup-to-pay-259-million-for-armenian-american-discrimination Citi stereotyped Armenians as prone to crime and fraud. Legal, Regulation & Compliance Consulting firms freeze US starting salaries in bid to shore up profit News Aggregation Team Monday, November 06, 2023 12:00 am https://americas.managersofwealth.com/article/58962/consulting-firms-freeze-us-starting-salaries-in-bid-to-shore-up-profit McKinsey and BCG among those holding pay at last year’s levels as growth slows Legal, Regulation & Compliance Withers recognized in Best Law Firms 2024 US rankings nationally in 3 practice areas and metro ranked in 12 practice areas News Team Friday, November 03, 2023 12:00 am https://americas.managersofwealth.com/article/58947/withers-recognized-in-best-law-firms-2024-us-rankings-nationally-in-3-practice-areas-and-metro-ranked-in-12-practice-areas A Best Law Firms ranking helps successful individuals, businesses, charities and not-for-profit organizations identify law firms that best suit their needs and whose professional excellence, knowledge, and expertise are preeminent. Legal, Regulation & Compliance Sam Bankman-Fried found guilty on seven counts for multi-billion dollar FTX fraud News Aggregation Team Friday, November 03, 2023 12:00 am https://americas.managersofwealth.com/article/58955/sam-bankman-fried-found-guilty-on-seven-counts-for-multi-billion-dollar-ftx-fraud The verdict marks nearly one year since FTX filed for bankruptcy. Legal, Regulation & Compliance Arete Wealth announces launch of direct-to-consumer digital wealth platform News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59202/arete-wealth-announces-launch-of-direct-to-consumer-digital-wealth-platform 'Arete Investments' announced as newest cloud-based investor program, fueled by partnerships with industry leaders FusionIQ and DriveWealth FinTech LTX by Broadridge Named First Runner Up in the 2023 Gartner® Eye on Innovation Awards News Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59180/ltx-by-broadridge-named-first-runner-up-in-the-2023-gartnerampreg-eye-on-innovation-awards LTX’s BondGPT recognized for innovation in financial services FinTech TECH Apple is trying to unwind its Goldman Sachs credit card partnership News Aggregation Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59185/tech-apple-is-trying-to-unwind-its-goldman-sachs-credit-card-partnership When Apple first launched the Apple Card in 2019, Goldman Sachs CEO David Solomon was in attendance at a glitzy Apple launch event at its California campus. FinTech Wealth management firms leverage advanced financial planning tools as battle for advisor talent intensifies News Aggregation Team Monday, November 27, 2023 12:00 am https://americas.managersofwealth.com/article/59155/wealth-management-firms-leverage-advanced-financial-planning-tools-as-battle-for-advisor-talent-intensifies Wealth management firms leverage advanced financial planning tools as battle for advisor talent intensifies FinTech JPMorgan discusses the effects of spot ETFs on Bitcoin’s price News Aggregation Team Monday, November 27, 2023 12:00 am https://americas.managersofwealth.com/article/59156/jpmorgan-discusses-the-effects-of-spot-etfs-on-bitcoinamprsquos-price The bank’s analysts, led by Nikolaos Panigirtzoglou, anticipate significant downward pressure on bitcoin if the SEC greenlights spot bitcoin ETFs. FinTech Fintech aims to shake up how alternative asset firms connect with wealth managers News Aggregation Team Monday, November 27, 2023 12:00 am https://americas.managersofwealth.com/article/59158/fintech-aims-to-shake-up-how-alternative-asset-firms-connect-with-wealth-managers Fintech aims to shake up how alternative asset firms connect with wealth managers FinTech IoT Firm Wireless Logic Expands Remote SIM Provisioning and Connectivity Solutions to Brazil News Aggregation Team Friday, November 24, 2023 12:00 am https://americas.managersofwealth.com/article/59148/iot-firm-wireless-logic-expands-remote-sim-provisioning-and-connectivity-solutions-to-brazil Permanent roaming restrictions have long been a hurdle for organisations with multi-country IoT deployments. FinTech Deutsche Bank's most exciting front office jobs: AI entrepreneurs News Aggregation Team Friday, November 24, 2023 12:00 am https://americas.managersofwealth.com/article/59149/deutsche-bankamp039s-most-exciting-front-office-jobs-ai-entrepreneurs For AI in particular, applications have grown from "two-dimensional" curiosities to "daily applications" which "anchor expectations on what [people] can do better." FinTech EBANX unveils new payment innovations for emerging markets News Aggregation Team Tuesday, November 21, 2023 12:00 am https://americas.managersofwealth.com/article/59110/ebanx-unveils-new-payment-innovations-for-emerging-markets EBANX’s suite of anti-fraud features, such as real-time transaction scoring and continuous chargeback automation, significantly boosts approval rates while reducing chargeback rates. FinTech Kofax Named a Leader in Process Orchestration News Team Tuesday, November 21, 2023 12:00 am https://americas.managersofwealth.com/article/59119/kofax-named-a-leader-in-process-orchestration Investments in AI underscore Leadership and Star Performer Recognition by Everest Group FinTech Sun Life Global Investments' Oricia Smith named one of Wealth Professional's Top 50 Leading Women in Wealth News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59203/sun-life-global-investmentsamp039-oricia-smith-named-one-of-wealth-professionalamp039s-top-50-leading-women-in-wealth Recognized as a leader reducing the gender gap across the financial industry to meet Canadians' diverse needs Alternative Investments State Street Global Advisors to Launch New Company Board-Aligned Voting Policy News Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59181/state-street-global-advisors-to-launch-new-company-board-aligned-voting-policy Similar to separately-managed accounts, shareholders of all our funds that are eligible for the program can continue to delegate their votes to the State Street Global Advisors Asset Stewardship team Alternative Investments Alternative Allocations: Alternatives by Franklin Templeton—access granted News Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59184/alternative-allocations-alternatives-by-franklin-templetonampmdashaccess-granted Franklin Templeton recently hosted approximately 200 advisors in Nashville, TN, for due diligence meetings, which focused on providing insights about allocating to alternative investments. Alternative Investments Six One Commodities Successfully Expands and Renews Revolving Credit Facility News Team Wednesday, November 29, 2023 12:00 am https://americas.managersofwealth.com/article/59186/six-one-commodities-successfully-expands-and-renews-revolving-credit-facility The Facility includes a $300 million accordion feature, bringing total capital available to $1 billion. Alternative Investments Principal Asset Managementâ„  Real Estate Strategies Receive 4-Star Rating News Team Tuesday, November 28, 2023 12:00 am https://americas.managersofwealth.com/article/59169/principal-asset-management-real-estate-strategies-receive-4-star-rating This year’s ratings place all three Principal strategies in the top 40% of GRESB participants worldwide Alternative Investments Women-owned and Operated Integrity Wealth Management Latest Firm to Choose Osaic News Team Tuesday, November 28, 2023 12:00 am https://americas.managersofwealth.com/article/59171/women-owned-and-operated-integrity-wealth-management-latest-firm-to-choose-osaic Former Ameriprise Team Joins Osaic Through Affiliated Advisors Alternative Investments Sovereign wealth funds take record share of global asset ownership News Team Tuesday, November 28, 2023 12:00 am https://americas.managersofwealth.com/article/59175/sovereign-wealth-funds-take-record-share-of-global-asset-ownership In absolute terms, sovereign wealth funds within the AO100 now represent $9.1 trillion. Alternative Investments How COVID Impacted Commercial Real Estate News Aggregation Team Monday, November 27, 2023 12:00 am https://americas.managersofwealth.com/article/59163/how-covid-impacted-commercial-real-estate It was clear prior to the pandemic investors felt strongly that real estate was a less correlated asset class in portfolios Alternative Investments Scotia Global Asset Management announces estimated year-end reinvested distributions for Scotia ETFs News Team Friday, November 24, 2023 12:00 am https://americas.managersofwealth.com/article/59151/scotia-global-asset-management-announces-estimated-year-end-reinvested-distributions-for-scotia-etfs These distributions are typically reinvested in additional units of the respective Scotia ETF at year end Alternative Investments CIBC Asset Management sets December cash distributions for ETFs News Aggregation Team Thursday, November 23, 2023 12:00 am https://americas.managersofwealth.com/article/59136/cibc-asset-management-sets-december-cash-distributions-for-etfs The firm is recognized for its extensive investment services Alternative Investments Another much loved Citi MD resigned for a more exciting alternative News Aggregation Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59194/another-much-loved-citi-md-resigned-for-a-more-exciting-alternative As senior people leave, there are already signs that Citi is changing job titles and slimming down the structure in its engineering division. Investment Banking TD Bank Group Declares Dividend News Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59198/td-bank-group-declares-dividend For the January 31, 2024 dividend, the Bank will issue the additional shares from treasury, with no discount. Investment Banking JPMorgan is the winner of the eFinancialCareers Ideal Employer award News Aggregation Team Monday, November 27, 2023 12:00 am https://americas.managersofwealth.com/article/59160/jpmorgan-is-the-winner-of-the-efinancialcareers-ideal-employer-award No matter where you are in the world, JPMorgan is perceived as an Ideal Employer in financial services. Investment Banking Wells Fargo invests $1.5m into entrepreneur space News Aggregation Team Thursday, November 23, 2023 12:00 am https://americas.managersofwealth.com/article/59140/wells-fargo-invests-15m-into-entrepreneur-space Wells Fargo has contributed $1.5m to the Russell Innovation Center for Entrepreneurs (RICE). Investment Banking Fulton Bank commits $10 million to growth-stage technology companies fund News Aggregation Team Friday, November 17, 2023 12:00 am https://americas.managersofwealth.com/article/59091/fulton-bank-commits-10-million-to-growth-stage-technology-companies-fund The fund will primarily invest in follow-on investments selected from more than 600 current and future portfolio companies across of the Ben Franklin statewide network Investment Banking First Financial Corporation and SimplyBank Sign Merger Agreement News Team Tuesday, November 14, 2023 12:00 am https://americas.managersofwealth.com/article/59045/first-financial-corporation-and-simplybank-sign-merger-agreement The transaction is expected to close in the second quarter of 2024 and is subject to customary closing conditions Investment Banking Bank of America has a secret CEO replacement plan. Private equity's proliferation of perks News Aggregation Team Thursday, November 09, 2023 12:00 am https://americas.managersofwealth.com/article/59000/bank-of-america-has-a-secret-ceo-replacement-plan-private-equityamp039s-proliferation-of-perks Does that mean that there is, formally or informally, a designated “under a bus, god forbid” candidate? Investment Banking Bank of America will lend $10 mln to veteran business fund News Aggregation Team Wednesday, November 08, 2023 12:00 am https://americas.managersofwealth.com/article/58995/bank-of-america-will-lend-10-mln-to-veteran-business-fund The veterans group initially raised $15 million when it launched in 2021 Investment Banking Euromoney survey recognizes J.P. Morgan Payments as global market leader for USD cash management News Team Tuesday, October 31, 2023 12:00 am https://americas.managersofwealth.com/article/58903/euromoney-survey-recognizes-jp-morgan-payments-as-global-market-leader-for-usd-cash-management Alongside this prestigious award, J.P. Morgan was also named leader for US dollar in the Middle East and Western Europe categories Investment Banking Gloomy mood among the Wall Street bosses News Aggregation Team Thursday, October 19, 2023 1:00 am https://americas.managersofwealth.com/article/58809/gloomy-mood-among-the-wall-street-bosses There are also fears on Wall Street that rising interest rates will reduce demand for mortgages and corporate loans. Investment Banking Revealed: the Top 50 Leading Women in Wealth 2023 News Aggregation Team Thursday, November 30, 2023 12:00 am https://americas.managersofwealth.com/article/59200/revealed-the-top-50-leading-women-in-wealth-2023 From venerable leaders to battle-worn veterans and selfless trailblazers, these women are moving up and driving change Comment, Analysis & Research 16 Richest Hedge Fund Managers in the World News Aggregation Team Monday, November 27, 2023 12:00 am https://americas.managersofwealth.com/article/59153/16-richest-hedge-fund-managers-in-the-world In such an environment, hedge fund managers still managed to amass billions of dollars in personal earnings. Comment, Analysis & Research Inflation report puts stock market rally to the test: What to know this week News Aggregation Team Monday, November 27, 2023 12:00 am https://americas.managersofwealth.com/article/59162/inflation-report-puts-stock-market-rally-to-the-test-what-to-know-this-week The economic calendar will also feature updates on manufacturing activity, consumer confidence, and home prices. Comment, Analysis & Research What will CIRO's planned 'office of the investor' do for Canadian investors, advisors? News Aggregation Team Friday, November 24, 2023 12:00 am https://americas.managersofwealth.com/article/59146/what-will-ciroamp039s-planned-amp039office-of-the-investoramp039-do-for-canadian-investors-advisors SRO explains plans for research arm and advisor takeaways from ongoing plans Comment, Analysis & Research "I work in banking. I am frugal, and thankful" News Aggregation Team Friday, November 24, 2023 12:00 am https://americas.managersofwealth.com/article/59147/ampquoti-work-in-banking-i-am-frugal-and-thankfulampquot There's only so much food one person can eat. Comment, Analysis & Research Barclays identifies perfectly obvious place for its job cuts. News Aggregation Team Friday, November 24, 2023 12:00 am https://americas.managersofwealth.com/article/59152/barclays-identifies-perfectly-obvious-place-for-its-job-cuts The cuts would amount to nearly 9% of Barclays' Execution Services' 22,000 staff. Comment, Analysis & Research Inside the lifestyle of the world’s most feral macro strategist. Morgan Stanley’s Andy Saperstein has cancer News Aggregation Team Wednesday, November 22, 2023 12:00 am https://americas.managersofwealth.com/article/59128/inside-the-lifestyle-of-the-worldamprsquos-most-feral-macro-strategist-morgan-stanleyamprsquos-andy-saperstein-has-cancer People are likely to have similar reactions to McElligott’s style with email messages – a riot of sentence fragments, highlighting and coloured fonts with seemingly no editing of any kind. Comment, Analysis & Research The hedge funds hiring graduates and interns News Aggregation Team Wednesday, November 22, 2023 12:00 am https://americas.managersofwealth.com/article/59130/the-hedge-funds-hiring-graduates-and-interns They make plenty of money, but they burn out for a reason. Comment, Analysis & Research Citi comes for 45 year-old trading MDs in job cuts. News Aggregation Team Tuesday, November 21, 2023 12:00 am https://americas.managersofwealth.com/article/59115/citi-comes-for-45-year-old-trading-mds-in-job-cuts The implication was that the people being cut wouldn't have revenue lines attached to them. Comment, Analysis & Research Why Are Retired Americans Struggling So Much? News Aggregation Team Tuesday, November 21, 2023 12:00 am https://americas.managersofwealth.com/article/59116/why-are-retired-americans-struggling-so-much The increase in older workers staying on the job is causing concerns in the executive suite because corporate planners have been expecting their expensive older workers to retire Comment, Analysis & Research How Much Do I Have to Make to File Taxes? News Aggregation Team Monday, November 27, 2023 12:00 am https://americas.managersofwealth.com/article/59161/how-much-do-i-have-to-make-to-file-taxes It’s crucial when filing to understand what status you fall under. Tax The IRS just announced the new tax brackets. Here's how to see yours. News Aggregation Team Friday, November 10, 2023 12:00 am https://americas.managersofwealth.com/article/59015/the-irs-just-announced-the-new-tax-brackets-hereamp039s-how-to-see-yours The IRS adjusts tax brackets annually — as well as many other provisions, such as retirement fund contribution limits — to counter the impact of inflation. Tax Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 News Aggregation Team Thursday, November 09, 2023 12:00 am https://americas.managersofwealth.com/article/59001/temporary-tax-plan-could-boost-your-standard-deduction-by-up-to-4000 "The vast, vast majority of my constituents use the standard deduction on their taxes every year," said Rep. Carol Miller Tax How The Rich (Legally) Avoid Paying Savings Account Taxes News Aggregation Team Tuesday, October 17, 2023 1:00 am https://americas.managersofwealth.com/article/58785/how-the-rich-legally-avoid-paying-savings-account-taxes The conventional savings accounts offered by most banks and credit unions and some other financial institutions, including online banks, are ideal for saving money for short-term needs. Tax Raymond James Selects J.P. Morgan Asset Management's 55ip News Team Monday, October 16, 2023 1:00 am https://americas.managersofwealth.com/article/58761/raymond-james-selects-jp-morgan-asset-managementamp039s-55ip 55ip delivers custom, tax-smart investing at scale. Tax Grant Thornton achieves record revenues of $2.4 billion in FY 2023 News Team Wednesday, October 11, 2023 1:00 am https://americas.managersofwealth.com/article/58737/grant-thornton-achieves-record-revenues-of-24-billion-in-fy-2023 When adjusted for this divestiture, Grant Thornton's year-over-year revenues grew 11.6%, on a pro-forma basis. Tax Why you should worry about new super tax – even with less than $3m News Aggregation Team Tuesday, October 03, 2023 1:00 am https://americas.managersofwealth.com/article/58649/why-you-should-worry-about-new-super-tax-ampndash-even-with-less-than-3m These two worked examples show how the taxing of unrealised capital gains can have unintended consequences. Tax Al Bernikow, former deputy CEO of Deloitte & Touche, dies at 82 News Aggregation Team Monday, October 02, 2023 1:00 am https://americas.managersofwealth.com/article/58643/al-bernikow-former-deputy-ceo-of-deloitte-ampamp-touche-dies-at-82 He was also a member of Deloitte & Touche’s executive management committee and served as an advisory partner to numerous large clients. Tax Update on regulation of SEP for purposes of taxation of digital services News Team Friday, September 01, 2023 1:00 am https://americas.managersofwealth.com/article/58354/update-on-regulation-of-sep-for-purposes-of-taxation-of-digital-services The decree will be issued directly by the Ministry of Finance and does not require the approval of Congress. Tax Changes to how US taxes handle research expenses News Team Thursday, August 31, 2023 1:00 am https://americas.managersofwealth.com/article/58338/changes-to-how-us-taxes-handle-research-expenses Under the previous tax regime, businesses could easily deduct R&E expenses as part of their ordinary and necessary operational costs. Tax Where the generative AI jobs are in banking (try Citi) News Aggregation Team Tuesday, November 21, 2023 12:00 am https://americas.managersofwealth.com/article/59118/where-the-generative-ai-jobs-are-in-banking-try-citi The largest hirer for generative AI engineers right now is Citi. Retail Banking Veteran Citi MDs quietly vanishing during latest cuts News Aggregation Team Friday, November 17, 2023 12:00 am https://americas.managersofwealth.com/article/59092/veteran-citi-mds-quietly-vanishing-during-latest-cuts She was Citi's global head of regulatory response and oversight. Retail Banking BizCap Assists Performant Financial in Securing a $25MM Revolving Loan Facility with Wells Fargo News Team Wednesday, November 08, 2023 12:00 am https://americas.managersofwealth.com/article/58994/bizcap-assists-performant-financial-in-securing-a-25mm-revolving-loan-facility-with-wells-fargo This strategic move is set to fortify Performant's financial foundation and further support its ongoing operations and growth initiatives. Retail Banking BNY Mellon Launches Universal FX News Team Wednesday, October 25, 2023 1:00 am https://americas.managersofwealth.com/article/58863/bny-mellon-launches-universal-fx The solution provides access to Developed Market and Emerging Market currency execution, enhancing the FX experience for clients globally. Retail Banking FV Bank Launches Custody Money Market Account for Exposure to US Treasuries News Aggregation Team Tuesday, October 24, 2023 1:00 am https://americas.managersofwealth.com/article/58847/fv-bank-launches-custody-money-market-account-for-exposure-to-us-treasuries The account is fully operational and allows for seamless transfers between clients’ bank accounts and their Custody Money Market Account. Retail Banking Big Banks Weigh Better Rates for Depositors News Aggregation Team Monday, October 16, 2023 1:00 am https://americas.managersofwealth.com/article/58764/big-banks-weigh-better-rates-for-depositors As for credit quality, he told analysts, “We continue to see the normalization story ‘play out’ with the consumer, more or less exactly as expected.” Retail Banking Major bank closures hit over 1,000 locations across 5 US states with Wells Fargo leading pack by shutting 267 branches News Aggregation Team Monday, October 09, 2023 1:00 am https://americas.managersofwealth.com/article/58705/major-bank-closures-hit-over-1000-locations-across-5-us-states-with-wells-fargo-leading-pack-by-shutting-267-branches JP Morgan Chase shut down 144 branches last year, according to Kiplinger. Retail Banking TD releases accessibility adpter News Team Friday, September 29, 2023 1:00 am https://americas.managersofwealth.com/article/58630/td-releases-accessibility-adpter Providing an accessible online experience means prioritizing inclusion for users in an increasingly digital world Retail Banking American Banker Names Fourteen Leaders from Fifth Third Bank to 2023 Most Powerful Women Lists News Team Friday, September 29, 2023 1:00 am https://americas.managersofwealth.com/article/58631/american-banker-names-fourteen-leaders-from-fifth-third-bank-to-2023-most-powerful-women-lists The annual list highlights standout accomplishments of female executives in banking and finance and this marks the largest number of award winners in Fifth Third’s history. Retail Banking The Freedom Bank of Virginia Named Among Top Extraordinary Banks in the Nation News Team Friday, September 22, 2023 1:00 am https://americas.managersofwealth.com/article/58571/the-freedom-bank-of-virginia-named-among-top-extraordinary-banks-in-the-nation Northern Virginia Bank Recognized for Cutting-Edge Banking Practices and Exemplary Financial Results Retail Banking Can I invest sustainably across my portfolio? News Team Tuesday, November 28, 2023 12:00 am https://americas.managersofwealth.com/article/59176/can-i-invest-sustainably-across-my-portfolio The sustainability transition is not just driven by policy, as investors and corporations alike are integrating SI into their portfolios and businesses. Planet SOS Brazil raises $2 billion in ESG sovereign bonds debut News Aggregation Team Tuesday, November 14, 2023 12:00 am https://americas.managersofwealth.com/article/59042/brazil-raises-2-billion-in-esg-sovereign-bonds-debut The final allocation saw substantial participation from non-resident investors Planet SOS Goldman Sachs Asset Management raises $4 bln for infrastructure deals News Aggregation Team Monday, October 23, 2023 1:00 am https://americas.managersofwealth.com/article/58837/goldman-sachs-asset-management-raises-4-bln-for-infrastructure-deals The company had raised about $1 billion of equity commitments for its inaugural infrastructure secondaries fund, Vintage Infrastructure Partners, last month. Planet SOS U.S. Treasury: Banks' 'net zero' pledges must align with temperature limits News Aggregation Team Tuesday, September 19, 2023 1:00 am https://americas.managersofwealth.com/article/58524/us-treasury-banksamp039-amp039net-zeroamp039-pledges-must-align-with-temperature-limits The funding will also support work to facilitate the transition planning efforts of non-financial sectors of the economy, the Treasury said. Planet SOS Investors urge greater scrutiny of climate funding tools News Aggregation Team Monday, September 18, 2023 1:00 am https://americas.managersofwealth.com/article/58507/investors-urge-greater-scrutiny-of-climate-funding-tools New financing instruments spur concerns over validity of some ‘green’ investments Planet SOS Elon Musk and Tesla: A Green Energy Milestone for Bitcoin Acceptance News Aggregation Team Friday, September 15, 2023 1:00 am https://americas.managersofwealth.com/article/58492/elon-musk-and-tesla-a-green-energy-milestone-for-bitcoin-acceptance This transformation is attributed to two significant events. Planet SOS Proponents and Critics of ESG Claim It Can Change Society. Both Will Be Disappointed. News Aggregation Team Thursday, August 24, 2023 1:00 am https://americas.managersofwealth.com/article/58277/proponents-and-critics-of-esg-claim-it-can-change-society-both-will-be-disappointed Whether or not asset managers are “woke,” ESG doesn’t hurt oil companies or provide capital for solutions to avoid the worst impacts of climate change, writes Ken Pucker. Planet SOS Carbon tax on the rich: Why world’s wealthiest should pay for their emissions News Aggregation Team Wednesday, August 23, 2023 1:00 am https://americas.managersofwealth.com/article/58258/carbon-tax-on-the-rich-why-worldamprsquos-wealthiest-should-pay-for-their-emissions Supplier-based emissions are those created by industries that supply fossil fuels to the economy. Planet SOS KKR strengthens global climate strategy with Gailliot as co-head News Aggregation Team Friday, August 18, 2023 1:00 am https://americas.managersofwealth.com/article/58225/kkr-strengthens-global-climate-strategy-with-gailliot-as-co-head This appointment completes KKR’s climate-centric leadership team, which has recently welcomed Emmanuel Lagarrigue and Neil Arora as Co-Heads. Planet SOS ESG has become significantly more important for clients say wealth professionals News Aggregation Team Wednesday, August 02, 2023 1:00 am https://americas.managersofwealth.com/article/58093/esg-has-become-significantly-more-important-for-clients-say-wealth-professionals Advisors and wealth managers report increased focus on ESG credentials by clients but is the industry well placed to deliver? Planet SOS JPMorgan, Citi employees to start 2022 with remote work as Covid cases rise News Aggregation Team Monday, January 03, 2022 12:00 am https://americas.managersofwealth.com/article/52437/jpmorgan-citi-employees-to-start-2022-with-remote-work-as-covid-cases-rise JPMorgan Chase & Co, one of Wall Street's staunchest advocates of returning to Manhattan skyscrapers, is offering employees the option of working from home in the opening weeks of 2022, and Citigroup is encouraging staff to log on remotely, as mo Covid-19 Nearly One Third of Small Businesses Have Voluntarily Reinstated Restrictions News Team Tuesday, September 21, 2021 1:00 am https://americas.managersofwealth.com/article/51214/nearly-one-third-of-small-businesses-have-voluntarily-reinstated-restrictions In the May Small Business Recovery Report, 85% of small business respondents reported their company was fully open, unaffected by local or federal restrictions as the pandemic slowed and the economy reopened. Covid-19 Deloitte makes vaccination mandatory for US workforce News Aggregation Team Monday, August 30, 2021 1:00 am https://americas.managersofwealth.com/article/50885/deloitte-makes-vaccination-mandatory-for-us-workforce Now, professional services firm Deloitte has become the latest major entity to enter the fray. Covid-19 Delta variant pushes BlackRock to delay US office return as UK on track with hybrid working News Aggregation Team Friday, August 06, 2021 1:00 am https://americas.managersofwealth.com/article/50623/delta-variant-pushes-blackrock-to-delay-us-office-return-as-uk-on-track-with-hybrid-working Delta variant causes month-long delay to comeback plans Covid-19 Vanguard: Investment giant to pay vaccinated workers $1,000 News Aggregation Team Friday, August 06, 2021 1:00 am https://americas.managersofwealth.com/article/50617/vanguard-investment-giant-to-pay-vaccinated-workers-1000 Vanguard, one of the world's top investment firms, is to pay its US workers $1,000 if they get vaccinated. Covid-19 Wall Street giant to bar unvaccinated staff News Aggregation Team Wednesday, June 23, 2021 1:00 am https://americas.managersofwealth.com/article/50063/wall-street-giant-to-bar-unvaccinated-staff The policy comes into effect next month, in a move aimed to allow the lifting of other Covid-related rules. Covid-19 Wall Street Is Back (at the Office) News Aggregation Team Sunday, June 20, 2021 1:00 am https://americas.managersofwealth.com/article/50022/wall-street-is-back-at-the-office Thousands of financial employees in New York City have returned to their desks. Covid-19 Pandemic accelerates Bank of Canada's CBDC work News Aggregation Team Thursday, February 11, 2021 12:00 am https://americas.managersofwealth.com/article/48551/pandemic-accelerates-bank-of-canadaamp039s-cbdc-work The Bank of Canada has accelerated work on a central bank digital currency (CBDC) in response to Covid-19 and its impact on cash usage, says a senior official who nevertheless cautions that a digital loonie is still not a "forgone conclusion". Covid-19 Workplace Stress During COVID-19: 5 Ways to Support Your Employees’ Mental Well-being News Team Tuesday, January 26, 2021 12:00 am https://americas.managersofwealth.com/article/48374/workplace-stress-during-covid-19-5-ways-to-support-your-employeesamprsquo-mental-well-being Taking care of your mental well-being is essential to staying healthy, staying resilient and moving your business forward. Covid-19 Pandemic triggers surge in business start-ups across major economies News Aggregation Team Wednesday, December 30, 2020 12:00 am https://americas.managersofwealth.com/article/48065/pandemic-triggers-surge-in-business-start-ups-across-major-economies US, UK, France, Germany and Japan register sharp rises in new company registrations Covid-19