Wealth and Asset Management

Sanctuary Global Family Office Launches With Stake in $2 Billion Multi-Family Office

Asset manager M&A means technology providers must keep up

Financial Services M&A Buoyed by Asset Management, Insurance

Coldstream Wealth Management Announces Merger

Citi Private Bank Finds Cautious Optimism Among Investors for 2022 with Covid-19, Inflation and Peak Market Valuations Top of Mind

Best-in-Class Client Service and Potential for Growth Attracts Two Practices Managing More Than $370 Million to Ameriprise Financial

People Moves

Former Merrill Team, Backed by Dynasty, Launches Nilsine Partners

Barclays US Consumer Bank Announces Lili Tomovich As Chief Marketing Officer

Jeff Yabuki joins Motive Partners as Chairman and will Co-lead the Firm

Ocorian appoints Head of Transaction Management - Americas

Crewe Advisors Expands With Addition of $800 Million Team

Billion-dollar Merrill Lynch team moves to RBC

Legal, Regulation & Compliance

FINRA Fines Ex-Merrill Rep Who Hid Felony Drug Charges

US to target cryptocurrency firms involved in ML

US Treasury sanctions crypto exchange for laundering ransom payouts

Baillie Gifford cuts fee on top performing US Growth trust

Tax Reform is Coming: What it Could Mean For You?

SEC Surpasses $1 Billion in Awards to Whistleblowers with Two Awards Totaling $114 Million

FinTech

Appway Announces Release of Client Onboarding for Wealth: Purpose-Built for the Canadian Market

Northern Trust to take stake in Essentia Analytics

BITA Risk selected by Department for International Trade for virtual trade delegation to Climate Week New York

TD Bank Group and Envestnet | Yodlee Enter into North American Data Access Agreement

Finboa signs Centennial Bank

ICapital agrees to buy Axio

Alternative Investments

Natixis arranges debt and equity financings for slate solar plus storage project

BlackRock announces new MyMap income fund

Columbia Threadneedle Investments Expands Strategic Beta Fixed Income Suite

Hedge Fund and Private Equity Fund Administration Surveys

Natixis arranges debt and equity financings for slate solar plus storage project

Benjamin F. Edwards Continues RIA Expansion; Partners with Elkhorn Private Wealth

Investment Banking

Citi, JPMorgan Seen Evading Evergrande Crisis in China Push

Morgan Stanley aims to expand in debt capital markets, says COO Pruzan

Huge junior banker bonuses haven't stopped private equity exits

Lynk Secures New Funding From UBS’s Investment Bank

Despite Increased Financial Awareness Due to Covid-19, Saving Continues to be a Major Challenge for Americans, TD Bank Survey Finds

U.S. banks walk tightrope of encouraging, but not mandating vaccines

Comment, Analysis & Research

Citi Private Bank Finds Cautious Optimism Among Investors

SEI Unveils Advisors' Perspectives on Key Sustainability Issues

Keeping the recovery on track

CIO Viewpoint: US plans fiscal spending to step-up as Fed tapering kicks-in Key takeaways

Global banking sector market cap grows 40% from Q2 2020

Billionaires Battle for $1.9 Trillion of Brazilians’ Money

Tax

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

EY reports global revenues of US$40b in 2021

The Case for a Robust Attack on the Tax Gap

Grant Thornton and Topia team to deliver tax offerings for remote and hybrid workforces

US billionaires’ tax-saving ploys are giving others ideas, as politicians take note

Retail Banking

Wells Fargo and Mastercard invest in Bilt rewards programme for renters

MUFG Mulls Sale of U.S. Banking Arm

First National Bank Named a Pittsburgh Area Top Workplace for the Eleventh Consecutive Year

Canadian Imperial Bank's US Commercial Banking, Wealth Management Support 3Q Profit Rise

National Bank reports $839M third-quarter profit, beats expectations

Five Star Bank Officially Opens its Relocated Branch in Elmira

ESG

Forbright Launches to Accelerate Financing of the Clean Energy Transition

HSBC - The 2021 Sustainable Financing and Investing Survey

American Express Commits to Net-Zero Emissions Globally By 2035

Sustainable investment funds release more data, details as investors seek transparency

Canada Life IM launches Sustainable Portfolios

Apex Group launches Carbon Footprint Assessment & Reporting amid growing market demand

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)