Wealth and Asset Management

New Wealth Manager Compound Comes Out of Stealth Mode With $37M in Funding

IG Wealth Management Wins Five Awards

Tristate Capital Reports EPS of $1.71 for Full Year

Robertson Stephens Doubles Assets, Continues National Expansion

Envestnet Takes Stake In Sallie Krawcheck's Ellevest

NFP’s Lenox Wealth Advisors to Integrate with Wealthspire Advisors

People Moves

Morgan Stanley Elevates Hogan, Perez-Hernandez in Tech Group

Winthrop Rockefeller Foundation adds two to board

Julius Baer restructures LatAm unit, Mexico head exits

Regions Bank appoints Community Development Manager

Wells Fargo Names Winniford CFO of Corporate, Investment Banking

McCleary named CEO of American Federal Bank

Legal, Regulation & Compliance

UK Home Purchases for US Individuals

Ex-Merrill FA Barred Over Alleged Misuse of Client Funds

Former UBS investment adviser charged with stealing $5.8m from client

US Corporate Transparency Act proposed regulations published

Banks back plan to share SARs with foreign units. For now.

US regulators must provide more clarity on crypto rules, says BNY Mellon CFO

FinTech

SEI Investments plots next moves for financial advisors

Crypto tax firm CoinTracker raises $100 million for expansion

SS&C Launches New Treasury Management Platform

SEI Reports Fourth-Quarter 2021 Financial Results

What You See Is Only Half Of What You Get With Digital Banking

CIBC wins Business Intelligence Group award for third consecutive year

Alternative Investments

Lincoln Financial Network’s New Partnership Launches to Support Financial Professionals of Color and Broaden Access to Financial Advice

In a Difficult Investing Year, Bank of America Has the Wind at Its Back

BlackRock’s active strategies threaten to steal the show

Blackstone Reports Fourth Quarter and Full Year 2021 Results

AIG Life & Retirement Study Shows Americans Setting Renewed Focus on Financial Security and Planning

National Citizens Business Conditions Index™ Drops, Remains Expansionary as Strong Momentum Overrides Concerns

Investment Banking

Citi ties more banker bonuses to longer-term risk taking

Bank of America to Give Employees Stock Awards -Memo

BNY Mellon Q4 Earnings Beat, Revenues & Costs Rise Y/Y

Goldman Sachs profit drops below Wall Street expectations

Insider Insights: For Investment Bankers, Pay Soars Along With Hours

Morgan Stanley's quarterly profit beats on wealth management, M&A boom

Comment, Analysis & Research

American Express Chief Colleague Diversity, Equity, & Inclusion and Talent Officer Sonia Cargan Explains What It Takes to Impactfully Progress DE&I in the Workplace

Here are Merrill Lynch's due diligence priorities for 2022

Bringing Wealth Management to the Retirement Plan Advice Industry

Investor Confidence Increases 4.5 Points in January to 89.3

Global M&A Industry Trends: 2022 Outlook

Quality is the decider in the battle between value and growth

Tax

Increased US Gift and Estate Tax Exemptions and Further Planning Opportunities in 2022

US Tax Issues For Non-US Crypto Investors

New Attribution Requirement Denies Foreign Tax Credits for Certain Withholding Taxes (And Other Taxes)

RSM reports 15.8% revenue growth, promotes 83 to partner and principal in US

Elon Musk says his taxes are simple and that he doesn’t use offshore accounts or tax shelters in response to Sen. Warren’s ‘freeloading’ claims

Major Canadian Tax Avoidance Cases at Risk After Loblaw Ruling

Retail Banking

American Express Fourth-Quarter Revenue Increases 30%

Ally Financial reports fourth quarter and full year 2021 financial results

Regions Financial records record performance

Citizens Financial Group Reports Fourth Quarter 2021 Net Income of $530 million and EPS of $1.17

Bank of America Reports Fourth-Quarter 2021 Financial Results

Citi to Exit Consumer, Small Business and Middle-Market Banking Operations in Mexico

Planet SOS

Truist Announces Goal of Net Zero Greenhouse Gas Emissions by 2050

TD helps build future innovation in Cleantech, Healthtech, and ESG through new patent funding

ESG Product Growth Drives New Indices 

Sovereign wealth funds turned a corner in sustainable finance in 2021

EPA recognizes PNC Bank for leading green power use

How Asset Managers Are Using New Sustainability Taxonomies Globally

Covid-19

JPMorgan, Citi employees to start 2022 with remote work as Covid cases rise

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