Wealth and Asset Management

IG Wealth Management Introduces Portfolio Solutions to Help Clients Address Climate Change

Rockefeller Capital Management to Open First International Office in London with the Formation of Rockefeller Asset Management International

Addepar acquires AdvisorPeak to streamline portfolio rebalancing and trading for wealth managers

Ares Management Corporation Launches Ares Wealth Management Solutions

Macquarie Asset Management acquires alternative investment firm

State Street disavows claims of asset management sale

People Moves

Independent Wealth Management Firm, Sentinel Trust Company, Strengthens Leadership Team with Two New Vice Presidents

State Street To Appoint Brad Hu to Chief Risk Officer

AIG Announces Senior Leadership Changes

Stonehage Fleming expands the US family office team

BTIG Fixed Income Credit Strengthens Emerging Market Debt Sales Team

Kristin Lesher Named Head of Middle Market Banking for Wells Fargo

Legal, Regulation & Compliance

US FSOC Report: Climate-Related Financial Risk an Emerging Threat

The Anti-Money Laundering Act of 2020

A Few Takeaways from Two Recent NY Tax Whistleblower Decisions

SEC Fines Syracuse Firm For Failing to File Form CRS

United States: Challenges expected in US implementation of OECD agreement on global tax reform

CFTC Awards Nearly $200 Million To A Whistleblower - Largest Award To A Single Whistleblower

FinTech

Automation and Mega Trends in Asset and Wealth Management

Mastercard says any bank or merchant on its vast network can soon offer crypto services

Launching an ETF? Thinking out loud on ETF Distribution Challenges

SEI Acquires investor lifecycle management firm

Wells Fargo Announces Rebuilt Mobile App and All-New Virtual Assistant, Fargo

Itiviti Successfully Integrates NYFIX Matching Post-trade Solution with Broadridge Investment Management Solutions

Alternative Investments

Introducing ‘Business Class: Build It Braver,’ a new podcast for savvy entrepreneurs from American Express

PNC Treasury Management Launches Capabilities For Industry-Leading Corporate Banking Platform

Invesco Reports Results for the Three Months Ended September 30, 2021

GFH starts strategic partnership with Schroders Capital

US alternatives manager Monroe sets sights on Asia

How confident are hedge funds for the next 12 months?

Investment Banking

HSBC Bank Canada Third Quarter 2021 Results

Goldman chief David Solomon insists bank can close valuation gap with rivals

M&T Bank Corporation Announces Third Quarter Results

BNY Mellon | Third Quarter 2021

U.S. Wells Fargo announces net income of 5.1 bln USD in Q3

JPMorgan exceeds profit expectations on $1.5 billion boost from better-than-expected loan losses

Comment, Analysis & Research

Franklin Resources, Inc. to Announce Fourth Quarter and Fiscal Year Results on November 1, 2021

Future of Operations: Simplifying Operations with Data (vol 4)

Don’t ask “are we there yet?” but rather “where to from here?”

Basics Of QOF Investing: What Is A QOZB?

Bloomberg Wealth: Bitcoin’s Future Just Got a Lot Brighter

Clients confirm the value of investment operations managed services

Tax

El Salvador: Updated edition of guide on treatment of tax havens published for 2022 fiscal year

A growing worry for charities: Tax havens for the rich

Stripe to open Toronto office

KPMG Canada buys tax credit consultancy RDQ

Secretive billionaire accused of one of biggest tax crimes in US history – and the ‘nobody’ he employed

Gift planning opportunities for US persons in the UK

Retail Banking

American Express Reports Third-Quarter Revenue of $10.9 Billion and Earnings Per Share Of $2.27

Ally Financial reports third quarter 2021 financial results

Wells Fargo Reports Third Quarter 2021 Financial Results

Regions Bank’s Kate Danella and Amala Duggirala Recognized by American Banker Magazine

LA-Based Banks Outpace National Banks in Profits

BofA Global Research Launches Coverage of Digital Assets

ESG

IDB Lab Partners with Circulate Capital to Combat Ocean-Bound Plastics

Research Chief Says ESG Is An 'Effective And Sustainable' Investing Strategy

SIFMA Statement on FSOC Climate Report

JP Morgan Asset Management expands sustainable OEIC range

Statement from State Street on the Proposed ESG Fiduciary Investing Rule by the Department of Labor

MUFG Research reveals challenges of transition towards a greener carbon neutral world ahead of COP26

Covid-19

Nearly One Third of Small Businesses Have Voluntarily Reinstated Restrictions

Deloitte makes vaccination mandatory for US workforce

Delta variant pushes BlackRock to delay US office return as UK on track with hybrid working

Vanguard: Investment giant to pay vaccinated workers $1,000

Wall Street giant to bar unvaccinated staff

Wall Street Is Back (at the Office)