Managers of Wealth - Americas http://ambankers.net/ Sat, 01 Apr 2023 06:05:57 BST part of MediaG8way Group http://ambankers.net/ http://ambankers.net/assets/images/logo.png Managers of Wealth - Americas KohanaPHP Another debt ceiling debate News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56944/another-debt-ceiling-debate The extraordinary measures now being undertaken by the Treasury Department will allow Congress to debate policy proposals for another few months. Wealth and Asset Management Perigon Wealth Management Acquires Stakeholders Capital News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56951/perigon-wealth-management-acquires-stakeholders-capital Firm Welcomes Massachusetts-based Stakeholders Capital and Sheetal Bagde of California-based Cognizant Wealth to Growing National Presence Wealth and Asset Management Carpion Private Wealth Joins Sanctuary Wealth As Partner Firm News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56955/carpion-private-wealth-joins-sanctuary-wealth-as-partner-firm $800 million team from Morgan Stanley partners with Sanctuary to enhance its client offering and scale its family office business for future growth Wealth and Asset Management Credit Suisse still helping wealthy dodge U.S. taxes, U.S. Senate Committee finds News Aggregation Team Thursday, March 30, 2023 1:00 am http://ambankers.net/article/56933/credit-suisse-still-helping-wealthy-dodge-us-taxes-us-senate-committee-finds In an emailed statement, Credit Suisse said it did not tolerate tax evasion and that it had been cooperating with U.S. authorities. Wealth and Asset Management Santander, named Best Private Bank in Latin America by Euromoney News Team Thursday, March 30, 2023 1:00 am http://ambankers.net/article/56939/santander-named-best-private-bank-in-latin-america-by-euromoney In Europe, Euromoney also named Santander Private Banking the Best International Private Bank in Poland and Portugal, and the best firm for ultra-high-net-worth individuals in Spain. Wealth and Asset Management Michael Silver named One of America’s Top 1,200 Financial Advisors by Barron’s News Team Thursday, March 30, 2023 1:00 am http://ambankers.net/article/56942/michael-silver-named-one-of-americaamprsquos-top-1200-financial-advisors-by-barronamprsquos Michael’s inclusion in Barron’s Top 1,200 Financial Advisors highlights his dedication to his clientele, his more than 25 years of experience in the field, and his commitment to making an impact in the comprehensive wealth management industry. Wealth and Asset Management Ultra-High Net Worth Families Excel at Managing Business and Enterprise Risk, But Fall Short with Risks to the Family Itself News Team Wednesday, March 29, 2023 1:00 am http://ambankers.net/article/56922/ultra-high-net-worth-families-excel-at-managing-business-and-enterprise-risk-but-fall-short-with-risks-to-the-family-itself They fall short when it comes to risks to family reputation, providing risk education to rising generations, planning for personal threats and unexpected natural disasters, and formalizing family codes of conduct, say new survey results from Alliant Priva Wealth and Asset Management Chase Buchanan Private Wealth Management Partners To Provide Expert Advice to Expats News Team Tuesday, March 28, 2023 1:00 am http://ambankers.net/article/56906/chase-buchanan-private-wealth-management-partners-to-provide-expert-advice-to-expats Chase Buchanan Wealth Management forms partnership with Your Overseas Home Wealth and Asset Management Maximizing Results In Your Family Office: Treat It Like A Business News Aggregation Team Tuesday, March 28, 2023 1:00 am http://ambankers.net/article/56907/maximizing-results-in-your-family-office-treat-it-like-a-business Given the immense focus on privacy, the teams running these entities are often in the dark about the best practices used by peers, leaving them to create what they hope will work in a vacuum. Wealth and Asset Management PATRIZIA and iCapital announce partnership to expand private wealth offering News Team Tuesday, March 28, 2023 1:00 am http://ambankers.net/article/56909/patrizia-and-icapital-announce-partnership-to-expand-private-wealth-offering It provides solutions to three specific societal challenges: affordable housing, green real estate as well as inclusion & connectivity. Wealth and Asset Management Citigroup hires BofA Merrill's head Andy Sieg to lead wealth unit News Aggregation Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56943/citigroup-hires-bofa-merrillamp039s-head-andy-sieg-to-lead-wealth-unit Sieg has "a track record of driving growth" and "deep experience in the U.S.," where Citi aims to grow, CEO Jane Fraser said in the hiring announcement. People Moves Bank of America Names Lindsay Hans and Eric Schimpf Presidents and Co-Heads of Merrill Wealth Management News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56946/bank-of-america-names-lindsay-hans-and-eric-schimpf-presidents-and-co-heads-of-merrill-wealth-management As presidents, Hans and Schimpf will join Bank of America's executive management team and oversee more than 25,000 Merrill employees. People Moves Ultra High Net Worth Advisor Joins NewEdge Wealth as Principal News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56948/ultra-high-net-worth-advisor-joins-newedge-wealth-as-principal NewEdge Wealth continues to attract top advisors to service the firm’s ultra high net worth clients People Moves Sendero Announces Kristina Craig as Chief Financial Officer and Chief Operating Officer News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56949/sendero-announces-kristina-craig-as-chief-financial-officer-and-chief-operating-officer Craig is leading internal and client operations People Moves Chubb Appoints Executive Vice President, Chubb Group and Chief Risk Officer News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56950/chubb-appoints-executive-vice-president-chubb-group-and-chief-risk-officer Chubb's current Chief Risk Officer, Sean Ringsted, will continue to serve as Executive Vice President, Chubb Group and Chief Digital Business Officer People Moves Chubb Appoints Benoit Chasseguet as Country President for France News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56953/chubb-appoints-benoit-chasseguet-as-country-president-for-france In his new role, Benoit will be responsible for Chubb's property and casualty, accident and health, and consumer lines operations across France. People Moves Capital Group to lay off 300 employees News Aggregation Team Thursday, March 30, 2023 1:00 am http://ambankers.net/article/56934/capital-group-to-lay-off-300-employees The $2.2tn fund giant is the latest asset manager to reduce headcount following the sharp sell-off in 2022. People Moves CTERA Expands Executive Team to Capitalize on Hybrid Cloud File Market Following a Record Year News Team Thursday, March 30, 2023 1:00 am http://ambankers.net/article/56936/ctera-expands-executive-team-to-capitalize-on-hybrid-cloud-file-market-following-a-record-year Oded Nagel was among CTERA’s original first employees People Moves Julius Baer announces senior hires as it continues to drive business growth in Brazil News Team Thursday, March 30, 2023 1:00 am http://ambankers.net/article/56937/julius-baer-announces-senior-hires-as-it-continues-to-drive-business-growth-in-brazil Additionally, several Senior Relationship Managers and Relationship Managers have recently joined Julius Baer Brazil. People Moves Mirova accelerates its global development with new strategic ambitions in the US News Team Thursday, March 30, 2023 1:00 am http://ambankers.net/article/56940/mirova-accelerates-its-global-development-with-new-strategic-ambitions-in-the-us As part of this development plan, the American markets are key in raising assets under management for the global equities strategy, the expansion of impact investing, and the development of the private assets offer. People Moves Conyers Advises Murano on its Proposed Merger with HSM Acquisition Corp News Team Wednesday, March 29, 2023 1:00 am http://ambankers.net/article/56923/conyers-advises-murano-on-its-proposed-merger-with-hsm-acquisition-corp Under the terms of the proposed merger, which is expected to close in Q3 2023, the shareholders of Murano and HCM will exchange their current shares for shares in a new combined company to be listed on the Nasdaq stock market under a new ticker symbol. Legal, Regulation & Compliance $4 Trillion in U.S. Wealth Held Offshore: Report News Aggregation Team Wednesday, March 29, 2023 1:00 am http://ambankers.net/article/56925/4-trillion-in-us-wealth-held-offshore-report The likelihood of owning such an account increases sharply with income, the researchers found, and the value of those accounts soars at the very top of the income distribution. Legal, Regulation & Compliance Finra Fines, Suspends Raymond James Broker in Miami over WhatsApp Use News Aggregation Team Wednesday, March 29, 2023 1:00 am http://ambankers.net/article/56930/finra-fines-suspends-raymond-james-broker-in-miami-over-whatsapp-use Raymond James Financial is separately one of around half a dozen brokerage firms that have disclosed in recent months that they are responding to SEC inquiries over employees’ texting. Legal, Regulation & Compliance Do Kwon Arrested in Montenegro as U.S. Charges Crypto Fugitive With Fraud News Aggregation Team Friday, March 24, 2023 12:00 am http://ambankers.net/article/56882/do-kwon-arrested-in-montenegro-as-us-charges-crypto-fugitive-with-fraud The creator of the failed TerraUSD stablecoin was detained as he attempted to board a flight to Dubai, authorities said Legal, Regulation & Compliance The Swiss claim the U.S. banking crisis ultimately toppled Credit Suisse. But are they right? News Aggregation Team Friday, March 24, 2023 12:00 am http://ambankers.net/article/56897/the-swiss-claim-the-us-banking-crisis-ultimately-toppled-credit-suisse-but-are-they-right The latest developments that emanated from the banks in the U.S. hit us at the most unfavorable moment. Legal, Regulation & Compliance Are your bank accounts safe? A summary of FDIC insurance coverage News Team Thursday, March 23, 2023 12:00 am http://ambankers.net/article/56878/are-your-bank-accounts-safe-a-summary-of-fdic-insurance-coverage The rules governing coverage amounts vary depending on whether the account is owned by one person, co-owners, through a trust or legal entity, among other factors. Legal, Regulation & Compliance FDIC delays bid deadline for Silicon Valley Private Bank to Friday News Aggregation Team Thursday, March 23, 2023 12:00 am http://ambankers.net/article/56879/fdic-delays-bid-deadline-for-silicon-valley-private-bank-to-friday The FDIC, which has held the lender under its receivership since earlier this month, declined to comment. Legal, Regulation & Compliance Chubb Rule of Law Fund Continues Support for Projects to Advance Racial Justice News Team Wednesday, March 22, 2023 12:00 am http://ambankers.net/article/56862/chubb-rule-of-law-fund-continues-support-for-projects-to-advance-racial-justice $1 million Awarded to Projects Promoting Equity in Policing and Prosecutions Legal, Regulation & Compliance FDIC extends bidding process for Silicon Valley Bank successor News Aggregation Team Tuesday, March 21, 2023 12:00 am http://ambankers.net/article/56849/fdic-extends-bidding-process-for-silicon-valley-bank-successor Bank and non-bank financial firms will be allowed to bid on asset portfolios. Legal, Regulation & Compliance Why Fed Rate Increases Are Hitting All at Once News Aggregation Team Tuesday, March 21, 2023 12:00 am http://ambankers.net/article/56851/why-fed-rate-increases-are-hitting-all-at-once Tighter credit and the rising cost of deposits are squeezing banks — and the wider economy. Legal, Regulation & Compliance TIFIN Wins "Wealth Management Innovation Award" in 7th Annual FinTech Breakthrough Awards Program News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56945/tifin-wins-ampquotwealth-management-innovation-awardampquot-in-7th-annual-fintech-breakthrough-awards-program Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies FinTech Fortune Names BNY Mellon One of America’s Most Innovative Companies News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56952/fortune-names-bny-mellon-one-of-americaamprsquos-most-innovative-companies In the past decade alone, we were the first to bring real-time payments to market in the U.S. and an early explorer of emerging technologies, including blockchain. FinTech Abbove Awarded as Best Wealth Technology Outsourcing Solution in Europe News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56954/abbove-awarded-as-best-wealth-technology-outsourcing-solution-in-europe The WealthBriefing Awards have been designed to recognize outstanding organizations grouped by specialism and geography FinTech Pinwheel Joins Visa Fintech Partner Connect Program News Team Thursday, March 30, 2023 1:00 am http://ambankers.net/article/56935/pinwheel-joins-visa-fintech-partner-connect-program As a participant of the Visa Fintech Partner Connect Program, Pinwheel will more easily allow customers the unique advantage of leveraging income and employment data for lending decisions, as well as an added layer of security and compliance. FinTech Atlas Responsible Investors Optimizes Tech with Broadridge’s Portfolio and Order Management Solution News Team Friday, March 24, 2023 12:00 am http://ambankers.net/article/56885/atlas-responsible-investors-optimizes-tech-with-broadridgeamprsquos-portfolio-and-order-management-solution Enables Atlas to gain investment management operational efficiencies and better manage risk FinTech J.P. Morgan to Acquire Aumni, a Leading Provider of Investment Analytics Software for Venture and Private Market Investors News Team Friday, March 24, 2023 12:00 am http://ambankers.net/article/56889/jp-morgan-to-acquire-aumni-a-leading-provider-of-investment-analytics-software-for-venture-and-private-market-investors Acquisition to bolster firm’s suite of private market solutions FinTech GeoWealth snaps up First Ascent Asset Management in US News Aggregation Team Friday, March 24, 2023 12:00 am http://ambankers.net/article/56890/geowealth-snaps-up-first-ascent-asset-management-in-us The acquisition, whose financial terms were not divulged, will see the creation of an entity with more than $20bn in total assets. FinTech U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan News Aggregation Team Friday, March 24, 2023 12:00 am http://ambankers.net/article/56892/us-banking-crisis-could-present-an-opportunity-for-some-crypto-exchanges-jpmorgan The bank says stablecoin trading volumes spiked higher after March 8, FinTech Jack Henry Recognized for Lending Innovation in FinTech Breakthrough Awards Program News Team Thursday, March 23, 2023 12:00 am http://ambankers.net/article/56871/jack-henry-recognized-for-lending-innovation-in-fintech-breakthrough-awards-program Annual Awards Program Honors Outstanding Financial Technology Products & Companies FinTech Broadridge and Apex Silver Team Up to Launch New Integrated Cost Basis and Tax Reporting Offering News Team Wednesday, March 22, 2023 12:00 am http://ambankers.net/article/56855/broadridge-and-apex-silver-team-up-to-launch-new-integrated-cost-basis-and-tax-reporting-offering Leading financial technology providers join forces to offer comprehensive, one-stop solution for regulatory tax information reporting FinTech Cetera Announces Strategic Relationships with Two Financial Institution Investment Services News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56947/cetera-announces-strategic-relationships-with-two-financial-institution-investment-services Mechanics Investment Services and UNCLE Wealth Management partnering with Cetera Investment Services Alternative Investments Macquarie Asset Management announces investment in US fiber business Pavlov Media News Team Wednesday, March 29, 2023 1:00 am http://ambankers.net/article/56931/macquarie-asset-management-announces-investment-in-us-fiber-business-pavlov-media The Fund’s investment will allow Pavlov Media to continue the construction of fiber infrastructure in existing and new markets, expand the company’s MDU market presence and accelerate Pavlov Media’s fiber-to-the-home initiatives Alternative Investments Individual Investors Favor Resort Hotels Within Broader Hospitality Sector News Aggregation Team Wednesday, March 29, 2023 1:00 am http://ambankers.net/article/56932/individual-investors-favor-resort-hotels-within-broader-hospitality-sector Full-service hotels in vacation destinations are attracting equity from high-net-worth investors who are joining deals as limited partners. Alternative Investments Morningstar's Target-Date Strategy Landscape Report Finds Investors Stayed the Course Despite Market Volatility in 2022 News Team Tuesday, March 28, 2023 1:00 am http://ambankers.net/article/56910/morningstaramp039s-target-date-strategy-landscape-report-finds-investors-stayed-the-course-despite-market-volatility-in-2022 Total target-date assets fell to $2.82 trillion in 2022 from its record high of $3.27 trillion in 2021. Alternative Investments Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks News Aggregation Team Tuesday, March 28, 2023 1:00 am http://ambankers.net/article/56911/schwabamprsquos-7-trillion-empire-built-on-low-rates-is-showing-cracks Despite assurances from CEO Walt Bettinger and the Charles Schwab himself, questions around the comnpany won't go away. Alternative Investments Oxbridge Launches Offering of Tokenized Reinsurance Security: DeltaCat Re News Team Tuesday, March 28, 2023 1:00 am http://ambankers.net/article/56913/oxbridge-launches-offering-of-tokenized-reinsurance-security-deltacat-re The DeltaCat Re token will indirectly represent fractionalized interests in reinsurance contracts, with each token representing one preferred share of SurancePlus. Alternative Investments Banking woes, Fed keep investors on edge in nervous U.S. stock market News Aggregation Team Monday, March 27, 2023 1:00 am http://ambankers.net/article/56898/banking-woes-fed-keep-investors-on-edge-in-nervous-us-stock-market Banking sector concerns drove sharp moves in financial stocks in the United States throughout the week after the collapse of two U.S. lenders Alternative Investments Oppenheimer has issued an earnings forecast for Wells Fargo & Company for the third quarter of 2023. News Aggregation Team Monday, March 27, 2023 1:00 am http://ambankers.net/article/56900/oppenheimer-has-issued-an-earnings-forecast-for-wells-fargo-ampamp-company-for-the-third-quarter-of-2023 Earnings of $4.81 per share are expected to be generated by Wells Fargo & Company over the entire calendar year. Alternative Investments Short Sellers Step Up Bets Against Office Owners on Bank Turmoil News Aggregation Team Monday, March 27, 2023 1:00 am http://ambankers.net/article/56902/short-sellers-step-up-bets-against-office-owners-on-bank-turmoil Hedge funds have been using credit-default swaps indexes known as CMBX to bet against CMBS that are most exposed to offices. Alternative Investments J. Stern & Co. Expands in North America News Team Thursday, March 23, 2023 12:00 am http://ambankers.net/article/56868/j-stern-ampamp-co-expands-in-north-america The firm’s investment approach is based on deep, fundamental in-house research and active engagement with the management teams of its high-quality investee companies. Alternative Investments Jefferies quarterly profit slides on stagnant dealmaking News Aggregation Team Wednesday, March 29, 2023 1:00 am http://ambankers.net/article/56927/jefferies-quarterly-profit-slides-on-stagnant-dealmaking Analysts were expecting 43 cents a share, according to Refinitiv. It was not immediately clear if the estimates were comparable. Investment Banking Bank of America Pares Down Wealth Lending Unit News Aggregation Team Tuesday, March 28, 2023 1:00 am http://ambankers.net/article/56917/bank-of-america-pares-down-wealth-lending-unit The firm had aimed for 800 of the specialists, who help identify bank sales opportunities for wealth customers, by the end of 2022. Investment Banking JPMorgan CEO leading talks for new First Republic rescue plan - WSJ News Aggregation Team Tuesday, March 21, 2023 12:00 am http://ambankers.net/article/56853/jpmorgan-ceo-leading-talks-for-new-first-republic-rescue-plan-wsj The banks are considering an investment into First Republic, the WSJ report said, adding that the plan could involve converting some or all of the $30 billion of deposits into a capital infusion. Investment Banking The Banking World's Woes Continue as Wells Fargo Customers Report Missing Paychecks News Aggregation Team Tuesday, March 14, 2023 12:00 am http://ambankers.net/article/56783/the-banking-worldamp039s-woes-continue-as-wells-fargo-customers-report-missing-paychecks One immediate problem for consumers is that some companies with money locked on SVB's platform warned they may have to delay employee's paychecks. Investment Banking Banks including JPMorgan, Charles Schwab, see $52bn rout on SVB’s deposit losses News Aggregation Team Friday, March 10, 2023 12:00 am http://ambankers.net/article/56755/banks-including-jpmorgan-charles-schwab-see-52bn-rout-on-svbamprsquos-deposit-losses The tech-focused lender said it lost nearly $2bn selling assets following a larger-than-expected decline in deposits Investment Banking Citigroup to recalibrate investment banking workforce as required- Bloomberg News News Aggregation Team Thursday, March 09, 2023 12:00 am http://ambankers.net/article/56751/citigroup-to-recalibrate-investment-banking-workforce-as-required-bloomberg-news The recent announcement follows the bank's plan to lay off less than 1% of staff Investment Banking WashU Expert: Goldman Sachs’ sale won’t allow return to ‘freewheeling ways’ News Aggregation Team Tuesday, March 07, 2023 12:00 am http://ambankers.net/article/56719/washu-expert-goldman-sachsamprsquo-sale-wonamprsquot-allow-return-to-amplsquofreewheeling-waysamprsquo Tuch, who teaches investment banking and private equity, is an expert in corporate law and governance, securities regulation and financial regulation. Investment Banking Richard Rosenberg, former Bank of America chief who doubled its assets, dies News Aggregation Team Monday, March 06, 2023 12:00 am http://ambankers.net/article/56703/richard-rosenberg-former-bank-of-america-chief-who-doubled-its-assets-dies They have since swelled to more $3 trillion after more deals, including the purchase of Merrill Lynch during the 2008 financial crisis. Investment Banking BofA, Citigroup trim investing banking headcount in Asia: sources News Aggregation Team Monday, March 06, 2023 12:00 am http://ambankers.net/article/56704/bofa-citigroup-trim-investing-banking-headcount-in-asia-sources After record dealmaking activity in 2021, M&A volumes and stock floats globally tumbled last year Investment Banking CS First Boston Roadmap to be Revealed at Summit News Aggregation Team Monday, February 27, 2023 12:00 am http://ambankers.net/article/56634/cs-first-boston-roadmap-to-be-revealed-at-summit Klein's sale of his eponymous business to Credit Suisse for $175 million was formalized earlier this month as finews.com reported. Investment Banking New study from Bain & Company reveals eroding loyalty among banking customers as they increasingly turn to digital-native and neobanks for ancillary services News Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56956/new-study-from-bain-ampamp-company-reveals-eroding-loyalty-among-banking-customers-as-they-increasingly-turn-to-digital-native-and-neobanks-for-ancillary-services As customers 'unbundle' their banking services, they crave personalized interactions with their banks, giving traditional institutions a chance to win them back Comment, Analysis & Research Where are the opportunities in fixed income? News Team Thursday, March 30, 2023 1:00 am http://ambankers.net/article/56938/where-are-the-opportunities-in-fixed-income As a result, we think it's time to increase exposure to bonds and investors holding excess cash should consider opportunities to lock in today's yields. Comment, Analysis & Research Majority of Americans don’t think banking crisis will personally impact them: poll News Aggregation Team Tuesday, March 28, 2023 1:00 am http://ambankers.net/article/56915/majority-of-americans-donamprsquot-think-banking-crisis-will-personally-impact-them-poll The bigger concern for voters is the effect that recent bank failures could have on the larger economy. Comment, Analysis & Research US banking concerns shift from crisis to growth woes News Aggregation Team Tuesday, March 28, 2023 1:00 am http://ambankers.net/article/56919/us-banking-concerns-shift-from-crisis-to-growth-woes Financial markets remain unsettled by the lack of clarity on the government willingness to guarantee customer deposits Comment, Analysis & Research Work From Home Endures, Defying Pushback From Bosses Like Dimon News Aggregation Team Monday, March 27, 2023 1:00 am http://ambankers.net/article/56901/work-from-home-endures-defying-pushback-from-bosses-like-dimon The latest data suggests that partially empty office towers—a feature of city-centers with the rise of remote work—may remain that way. Comment, Analysis & Research The Rich Are Getting Richer – But Is The Wealth Gap Worse In Europe Or The US? News Aggregation Team Friday, March 24, 2023 12:00 am http://ambankers.net/article/56888/the-rich-are-getting-richer-ampndash-but-is-the-wealth-gap-worse-in-europe-or-the-us At the same time, the cumulative wealth of the top ten billionaires in the UK has grown from £48 billion in 2009 to £182 billion in 2022 - an increase of 281 percent. Comment, Analysis & Research Citi Global Wealth CIO Says This Is The Biggest Money Making Opportunity For 2023 News Aggregation Team Wednesday, March 22, 2023 12:00 am http://ambankers.net/article/56854/citi-global-wealth-cio-says-this-is-the-biggest-money-making-opportunity-for-2023 The report also predicts that as stocks bottom out, growth sectors will be the first to regain footing, followed by cyclicals. Comment, Analysis & Research Portfolio Commentary News Team Wednesday, March 22, 2023 12:00 am http://ambankers.net/article/56857/portfolio-commentary Our risk-first approach and thoughtful stock selection helped us deliver stable post-fee performance in our flagship schemes as can be seen in the table below. Comment, Analysis & Research Containing or contagion? High rates take a bite out of banks News Team Tuesday, March 21, 2023 12:00 am http://ambankers.net/article/56848/containing-or-contagion-high-rates-take-a-bite-out-of-banks Tremors in the banking system started with the failure of California-based Silicon Valley Bank (SVB) on 10 March. Comment, Analysis & Research March Madness for REITs? Here's a 'final four' for investors seeking dividend income. News Aggregation Team Monday, March 20, 2023 12:00 am http://ambankers.net/article/56842/march-madness-for-reits-hereamp039s-a-amp039final-fouramp039-for-investors-seeking-dividend-income These are companies with good records for increasing payouts that Petersen expects to continue doing so over the next three years. Comment, Analysis & Research Swiss Banker Admits Helping Hedge Fund Manager Evade US Taxes News Aggregation Team Friday, March 31, 2023 1:00 am http://ambankers.net/article/56957/swiss-banker-admits-helping-hedge-fund-manager-evade-us-taxes The charge carries a maximum sentence of five years in prison, but Manhattan federal prosecutors agreed not to seek a punishment outside of 24-to-30 months. Tax Tax Considerations for High-Net-Worth Individuals in 2023 News Aggregation Team Friday, March 17, 2023 12:00 am http://ambankers.net/article/56824/tax-considerations-for-high-net-worth-individuals-in-2023 Those who are not ready for this potentially seismic shift should speak to their advisors as soon as possible in order to take advantage of planning opportunities. Tax US sales tax rules: a quick guide for European companies News Team Friday, February 17, 2023 12:00 am http://ambankers.net/article/56547/us-sales-tax-rules-a-quick-guide-for-european-companies The US does not have a federal sales tax. Each individual state has its own sales tax rules and regulations. Tax State lawmakers to consider wealth tax on the richest Californians News Aggregation Team Tuesday, January 24, 2023 12:00 am http://ambankers.net/article/56305/state-lawmakers-to-consider-wealth-tax-on-the-richest-californians The legislation would tax an extra 1.5% on Californians with a worldwide net worth of more than $1 billion starting January 2024. Tax Tax departments play a key role in corporate ESG strategies News Team Saturday, January 07, 2023 12:00 am http://ambankers.net/article/56140/tax-departments-play-a-key-role-in-corporate-esg-strategies Corporations’ contributions to the communities in which they serve is one of the biggest proactive drivers of a company decision to create and implement an ESG strategy. Tax Accounting Firm Topel Forman Partners with Avantax for Wealth Management and Financial Planning News Aggregation Team Friday, September 30, 2022 1:00 am http://ambankers.net/article/55242/accounting-firm-topel-forman-partners-with-avantax-for-wealth-management-and-financial-planning Based in Chicago, Topel Forman is a full-service, 120-person public accounting firm whose services include tax, audit and advisory. Tax Baker Tilly acquires True Partners Consulting News Team Friday, September 30, 2022 1:00 am http://ambankers.net/article/55244/baker-tilly-acquires-true-partners-consulting The combination also expands Baker Tilly’s coast-to-coast footprint with locations in Tampa and Atlanta. Tax J.P. Morgan Asset Management Expands Tax-Smart Platform with the Addition of J.P. Morgan Tax-Managed U.S. - Large Cap Leaders SMA News Team Wednesday, September 28, 2022 1:00 am http://ambankers.net/article/55214/jp-morgan-asset-management-expands-tax-smart-platform-with-the-addition-of-jp-morgan-tax-managed-us-large-cap-leaders-sma Strategy is the first from J.P. Morgan to combine active management with portfolio customization, daily tax-loss harvesting, and tax-smart transitions Tax Offshore Tax Loophole Helps Americans Cheat IRS, Senate Says News Aggregation Team Thursday, August 25, 2022 1:00 am http://ambankers.net/article/54920/offshore-tax-loophole-helps-americans-cheat-irs-senate-says The law requires banks around the world to report assets and accounts of US clients to the IRS, but wealthy Americans have figured out a way to sidestep the rule and draw less scrutiny from the banks. Tax IRS Warns Taxpayers Against Tax Avoidance Strategies News Aggregation Team Thursday, July 28, 2022 1:00 am http://ambankers.net/article/54678/irs-warns-taxpayers-against-tax-avoidance-strategies IRS acknowledges that the evolvement of digital technology across the world Tax TD Bank Deepens Impact in Philadelphia with $2.5 Million in Charitable Giving News Team Monday, March 27, 2023 1:00 am http://ambankers.net/article/56899/td-bank-deepens-impact-in-philadelphia-with-25-million-in-charitable-giving This investment further illustrates TD’s focus on deepening its support of communities of color across Philadelphia. Retail Banking First Citizens to Buy SVB After Biggest Bank Failure Since 2008 News Aggregation Team Monday, March 27, 2023 1:00 am http://ambankers.net/article/56903/first-citizens-to-buy-svb-after-biggest-bank-failure-since-2008 SVB Private Wealth, with about $16 billion in assets, is part of the First Citizens' "whole bank purchase" of Silicon Valley Bank. Retail Banking TBC Bank wins Best Bank award by Global Finance News Aggregation Team Monday, March 27, 2023 1:00 am http://ambankers.net/article/56905/tbc-bank-wins-best-bank-award-by-global-finance This excellent achievement highlights the strength of our market leading franchise in Georgia Retail Banking U.S. Bank Expands Client Offerings in Europe With New ETF Servicing Capability, Secures First ETF European Client News Team Thursday, March 23, 2023 12:00 am http://ambankers.net/article/56877/us-bank-expands-client-offerings-in-europe-with-new-etf-servicing-capability-secures-first-etf-european-client U.S. Bank will provide clients with a holistic suite of offerings, including fund administration, transfer agency, depositary and global custody solutions, as well as a number of specialized European exchange-traded fund services. Retail Banking WesBanco Again Named One of America's Best Employers by Forbes News Team Friday, March 03, 2023 12:00 am http://ambankers.net/article/56691/wesbanco-again-named-one-of-americaamp039s-best-employers-by-forbes Forbes and Statista selected the America's Best Employers 2023 through an independent survey applied to a vast sample of approximately 45,000 American employees working for companies with more than 1,000 employees in America. Retail Banking U.S. Bancorp Invests in Digital Assets Fintech, Ownera News Team Thursday, March 02, 2023 12:00 am http://ambankers.net/article/56678/us-bancorp-invests-in-digital-assets-fintech-ownera Our goal is to provide our capital markets clients a more streamlined experience, helping them save time and money, all while experiencing unprecedented transparency Retail Banking ServisFirst Bancshares Ranks 15th on Forbes 2023 America’s Best Banks List News Team Wednesday, March 01, 2023 12:00 am http://ambankers.net/article/56663/servisfirst-bancshares-ranks-15th-on-forbes-2023-americaamprsquos-best-banks-list Companies do not pay a fee for placement on Forbes Rankings. Retail Banking TBC Bank wins multiple awards for Trade Finance News Team Monday, February 27, 2023 12:00 am http://ambankers.net/article/56636/tbc-bank-wins-multiple-awards-for-trade-finance The awards once again underscore our leading position in the trade finance sector and strong cooperation with international networks. Retail Banking Bank of America's Moynihan sees consumer strength pushing recession further into the future News Aggregation Team Thursday, February 16, 2023 12:00 am http://ambankers.net/article/56539/bank-of-americaamp039s-moynihan-sees-consumer-strength-pushing-recession-further-into-the-future During the third quarter of 2022, economic forecasters at the bank were predicting that a recession would begin as early as the fourth quarter of 2022 and end in mid-2023. Retail Banking Simmons Bank Recognized by Forbes as One of America's Best Midsize Employers 2023 News Team Thursday, February 16, 2023 12:00 am http://ambankers.net/article/56540/simmons-bank-recognized-by-forbes-as-one-of-americaamp039s-best-midsize-employers-2023 Of the thousands of companies that were surveyed, Simmons Bank is proud to be among those companies to earn this distinction which recognizes Simmons Bank as an employer of choice. Retail Banking Franklin Templeton, Akamai defend sustainable investments amid backlash News Aggregation Team Friday, March 24, 2023 12:00 am http://ambankers.net/article/56891/franklin-templeton-akamai-defend-sustainable-investments-amid-backlash The signatories pledged they were "wholly committed to sustainability and addressing the financial impacts of climate change" and called on policymakers to "protect the freedom to invest responsibly" Planet SOS 3 stocks to green-up your Stocks and Shares ISA News Team Thursday, March 23, 2023 12:00 am http://ambankers.net/article/56872/3-stocks-to-green-up-your-stocks-and-shares-isa We share three stocks we think are well-placed to benefit from the shift towards cleaner power. Planet SOS Sovereign Wealth Funds’ Views on Climate Evolving Rapidly News Aggregation Team Wednesday, March 22, 2023 12:00 am http://ambankers.net/article/56861/sovereign-wealth-fundsamprsquo-views-on-climate-evolving-rapidly Report finds tenfold jump in SWFs that see addressing climate change as consistent with their mandate. Planet SOS TD announces new interim financed emissions targets News Team Thursday, March 16, 2023 12:00 am http://ambankers.net/article/56808/td-announces-new-interim-financed-emissions-targets At TD, financial and economic inclusion have long been core to its sustainability priorities. Planet SOS TD Bank Group sets new $500 billion Sustainable & Decarbonization Finance Target by 2030 News Team Thursday, March 16, 2023 12:00 am http://ambankers.net/article/56809/td-bank-group-sets-new-500-billion-sustainable-ampamp-decarbonization-finance-target-by-2030 New target is focused on supporting environmental, decarbonization and social activities as part of the Bank's broader ESG Strategy Planet SOS CIBC releases 2022 Sustainability Report highlighting commitments and progress towards a more secure, equitable and sustainable future News Team Wednesday, March 15, 2023 12:00 am http://ambankers.net/article/56801/cibc-releases-2022-sustainability-report-highlighting-commitments-and-progress-towards-a-more-secure-equitable-and-sustainable-future We will remain responsive to our stakeholders as we deliver on our strategy, further embedding ESG into all facets of our bank Planet SOS Northern Trust and EDS announce new collaboration with UK-based asset manager Redwheel News Team Wednesday, March 08, 2023 12:00 am http://ambankers.net/article/56723/northern-trust-and-eds-announce-new-collaboration-with-uk-based-asset-manager-redwheel Redwheel chooses Northern Trust and EDS for ESG data management solution to help improve ESG data access and integration within investment processes Planet SOS BCG launches Center for Climate & Sustainability Policy & Regulation News Team Tuesday, March 07, 2023 12:00 am http://ambankers.net/article/56716/bcg-launches-center-for-climate-ampamp-sustainability-policy-ampamp-regulation New center will help clients navigate, shape, and accelerate their climate and sustainability journeys Planet SOS BCG Launches Center for Climate & Sustainability Policy & Regulation News Team Friday, March 03, 2023 12:00 am http://ambankers.net/article/56694/bcg-launches-center-for-climate-ampamp-sustainability-policy-ampamp-regulation New Center Will Help Clients Navigate the Fast-Moving Landscape of Policy and Regulation on Their Climate and Sustainability Journeys Planet SOS What ESG Means for Real Estate Investors News Aggregation Team Friday, February 24, 2023 12:00 am http://ambankers.net/article/56614/what-esg-means-for-real-estate-investors Real estate investors face dual imperatives: to produce returns and to advance the low-carbon transition. 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 http://ambankers.net/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 http://ambankers.net/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 http://ambankers.net/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 http://ambankers.net/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 http://ambankers.net/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 http://ambankers.net/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 http://ambankers.net/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 http://ambankers.net/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 http://ambankers.net/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 http://ambankers.net/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