Managers of Wealth Americas

Comment, Analysis & Research

Despite COVID-19, Global Financial Wealth Soared to Record High of $250 Trillion in 2020

Total Global Financial Wealth Reached New Heights in 2020, Rising 8.3% as Strong Stock Market Performance and a Spike in Savings Fueled a Wealth Boom, Says New Report by Boston Consulting Group

Comment, Analysis & Research

The rise of using cryptocurrency in business

New U.S. capital gains tax proposals for gifts, inheritances and trusts

Comment, Analysis & Research

The future of wealth management is hyper-personalisation, says Objectway survey

Legal, Regulation & Compliance

Green still the colour of money

Wealth and Asset Management

The Wealth Management CRM Landscape, Ranked

Allfunds and iCapital Network® Announce Strategic Partnership to Improve Global Client Access to Private Markets

Advisor Group Successfully Partners with Five Wealth Management Practices

Wealth Enhancement Group Announces Acquisition

Hightower wins Digital Wealth Management Impact Innovation Awards

Broadridge Collaborates with AWS to Extend its Private Market Hub, the Industry-Leading Private Equity Blockchain Solution

People Moves

Richardson Wealth Announces New VP, Practice Growth & Execution to Support Ambitious Organic Growth Objectives

Wilmington Trust Hires Bobby Weil for Growing U.S. Loan Agency Business

Mike Branca Joins Regions Bank to Lead Total Rewards

AMP announces appointment of AMP Capital CEO

Fortis Financial, Inc. and Fortis Private Bank Announce the Appointment of Brian Lilly to the Board of Directors

CI GAM names first head of investment management

Legal, Regulation & Compliance

US regulators urge financial firms to quickly ditch Libor rate benchmarks

Ex-Broker Who Defrauded Older Clients Sentenced to Over 5 Years in Prison

Bank regulators plot toughest capital rule for bitcoin

Family Offices Receive Increased Regulatory Scrutiny

Latham & Watkins Advises Aon in Agreements to Sell US Retirement Business and Aon Retiree Health Exchange Business

US To Tighten Monitoring Of Foreign Crypto Investors In Concerns Over Tax Evasion

FinTech

‘We were in the right place at the right time, with the right product’

Broadridge Launches DLT Repo platform to Execute First Bilateral Repo Trades Using Smart Contracts

Why All RIAS are on a Digital Transformation Journey

BMO to migrate key applications to AWS

SS&C GlobeOp Hedge Fund Performance Index: May performance 0.54%; Capital Movement Index: June net flows advance 0.33%

State Street sets up digital unit to capitalise on crypto craze

Alternative Investments

Sound Point Capital Acquires CVC Credit’s U.S. Direct Lending Unit

Private equity brushes off past club deal woes with $34B Medline buyout

Hightower's Leah Jones Named to InvestmentNews' 2021 '40 Under 40' List

Bond traders glimpse taper-talk roadmap that revives volatility

Hub International Acquires Retirement And Private Wealth Book Of Business In Texas

J.P. Morgan Asset Management Launches Growth Equity Platform as Part of J.P. Morgan Private Capital

Investment Banking

Citigroup targets Wall Street rivals for top spots in investment banking expansion

Wall Streeters outpace Europeans back to office

BBVA renews its investment banking strategy in the US

Bank of Nova Scotia profit beats estimates on provisions; capital markets, overseas unit sluggish

Bank Profits Rise 29% to $76.8B in 1st Quarter

Bank of America ‘willing to pay what it takes’ to hire best talent, CEO says

Comment, Analysis & Research

Millennial millionaires have a large share of their wealth in crypto, CNBC survey says

Despite COVID-19, Global Financial Wealth Soared to Record High of $250 Trillion in 2020

The rise of using cryptocurrency in business

Why Institutional Investors Are Viewing Digital Assets In A New Light

Americans earned over $4 billion from bitcoin in 2020—more than 3 times as much as investors in any other country

Navigating the US regulatory maze: What real estate managers need to know

Tax

Season and Sweat? The IRS Adds Offshore Credit Funds to Their Active Audit Campaign

New U.S. capital gains tax proposals for gifts, inheritances and trusts

Dems call for taxing the ultrarich after report shows they don't pay them

British 'Treasure Island' Tax Havens Face a Tempest

A&M Taxand 2021 Global Guide to M&A Tax

Biden to Crack Down On Tax Evasion by Crypto Investors

Retail Banking

Signature Bank Is Doing Really Well. And It's Going to Do a Whole Lot Better

Wells Fargo to Liquidate Central Fidelity Capital Trust I and Wachovia Capital Trust II Resulting in the Cancellation of Capital Securities and Distribution of Underlying Debentures to Holders

Generation gamble? Millennials more willing to engage in bidding wars to get their dream home: TD Survey Shows

Regions Bank’s Ashley Garrison Recognized by American Banker Among Emerging Women in Leadership in Financial Services

Suncrest Bank Reports First Quarter Earnings. EPS increase of 40% and annualized non-PPP loan growth of 11%.

New York Community Bancorp, Inc. To Acquire Flagstar Bancorp, Inc. In An All Stock Strategic Merger

ESG

‘Women Prefer To Work With Female Advisors’ – Now Is The Moment For ESG Customisation

The race to net-zero: why it matters

The rise of ESG and why it matters to everyone

Morgan Stanley Announces Inaugural Winners of the Sustainable Solutions Award and Collaborative

How Sustainable Finance Can Support ESG Goals

Surging Sustainable Finance Market Presents Opportunities for Energy and Infrastructure

Covid-19

Pandemic accelerates Bank of Canada's CBDC work

Workplace Stress During COVID-19: 5 Ways to Support Your Employees’ Mental Well-being

Pandemic triggers surge in business start-ups across major economies

Ten Ways Covid-19 Has Changed the World Economy Forever

New Covid relief bill boosts tax breaks for charitable giving in 2021

Deutsche Bank sees Wall St trading surge after vaccine news