Managers of Wealth - Americas http://ambankers.net/ Tue, 19 Nov 2019 05:42:26 GMT part of MediaG8way Group http://ambankers.net/ http://ambankers.net/assets/images/logo.png Managers of Wealth - Americas KohanaPHP The Changing Face of Wealth Management Customers News Aggregation Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43615/the-changing-face-of-wealth-management-customers High-net-worth individuals, families and their advisers must be prepared for the changes and responsibilities associated with this wealth transfer. Wealth and Asset Management Goldman Sachs Announces Managing Director Class of 2019 News Team Friday, November 15, 2019 12:00 am http://ambankers.net/article/43597/goldman-sachs-announces-managing-director-class-of-2019 Welcoming a new generation of leaders to represent our franchise is always an important moment for our business Wealth and Asset Management First Western Trust Chooses Smartleaf to Enrich Its Boutique Wealth Management Offering News Aggregation Team Friday, November 15, 2019 12:00 am http://ambankers.net/article/43601/first-western-trust-chooses-smartleaf-to-enrich-its-boutique-wealth-management-offering First Western Trust leverages Smartleaf to offer clients the highest level of customization and tax management services, an important component of First Western Trust's vision to be the best private bank for the western wealth management client Wealth and Asset Management Bluespring Wealth Partners acquires $1.1 billion RIA News Team Friday, November 15, 2019 12:00 am http://ambankers.net/article/43599/bluespring-wealth-partners-acquires-11-billion-ria $1.1 billion RIA attracted to Bluespring’s entrepreneurial approach and comprehensive successor development program Wealth and Asset Management Fulton Financial buys wealth management business News Team Wednesday, November 13, 2019 12:00 am http://ambankers.net/article/43579/fulton-financial-buys-wealth-management-business APS Wealth Management, which was established by Mike Chwastyk in 1994, had approximately $67 million in assets under management or administration at the time the sale to Fulton was completed. Wealth and Asset Management Advisor Group, Ladenburg Thalmann Merge, Creating $3 Billion IBD News Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43562/advisor-group-ladenburg-thalmann-merge-creating-3-billion-ibd The Companies Will Form Leading Multi-Custodial and Multi-Clearing Network of Firms, Supporting Financial Advisors Through Multiple Distinct Brands and Cultures Wealth and Asset Management Wealthy Amass Record $121 Billion in Tax-Sheltered Accounts News Aggregation Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43563/wealthy-amass-record-121-billion-in-tax-sheltered-accounts The rate paid out to charities from those accounts, meanwhile, fell to 20.9% in 2018 from 22.8% in 2017, the first time in five years that the rate of growth in contributions outpaced that of grants. Wealth and Asset Management O’Melveny advises Nolan Capital on acquisition of Ortega National Parks News Aggregation Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43570/oamprsquomelveny-advises-nolan-capital-on-acquisition-of-ortega-national-parks “Everything about Nolan Capital matches what ONP has stood for and built the business on,” says Frank Pikus, ONP Chief Executive Officer. Wealth and Asset Management Brokers, Trust Units Stable; Money Managers Up in Arkansas News Aggregation Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43548/brokers-trust-units-stable-money-managers-up-in-arkansas Stephens Inc. of Little Rock and its related Stephens Investment Management Group LLC retain the top two spots on the money managers list with $10.9 billion and $4.3 billion under management respectively. Wealth and Asset Management Riding The Wave Of Tech Disruption In Private Banking News Aggregation Team Friday, November 08, 2019 12:00 am http://ambankers.net/article/43524/riding-the-wave-of-tech-disruption-in-private-banking Looking ahead, powerful models driven by artificial intelligence may be used to predict major events in a client’s life, such as retirement or planning for succession. Wealth and Asset Management AIG Names Head of Multinational, General Insurance News Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43619/aig-names-head-of-multinational-general-insurance In this new role, Ms. Barrett will drive the execution of General Insurance’s multinational strategic plan People Moves Tannenbaum Helpern Welcomes Corporate Partner News Aggregation Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43620/tannenbaum-helpern-welcomes-corporate-partner Jason M. Rimland joins Tannenbaum Helpern as a partner in the firm’s Corporate practice. People Moves WMS Partners names CEO News Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43616/wms-partners-names-ceo Todd joined the firm in February as Chief Operating Officer and has moved to the CEO role People Moves Merrill Lynch Loses $240 Million FA Team to This Aggressively-Recruiting Rival News Aggregation Team Friday, November 15, 2019 12:00 am http://ambankers.net/article/43596/merrill-lynch-loses-240-million-fa-team-to-this-aggressively-recruiting-rival The team previously managed $240 million at Merrill Lynch, Raymond James says. People Moves Wells Fargo appoints Chief Investment Officer for private wealth management News Team Friday, November 15, 2019 12:00 am http://ambankers.net/article/43598/wells-fargo-appoints-chief-investment-officer-for-private-wealth-management Taback most recently served in a dual role as head of global alternative investment strategy for Wells Fargo Investment Institute and deputy chief investment officer for Wells Fargo Private Bank. People Moves Bank of America hires First Investment Bank head in Saudi Arabia News Aggregation Team Friday, November 15, 2019 12:00 am http://ambankers.net/article/43574/bank-of-america-hires-first-investment-bank-head-in-saudi-arabia Bank of America is one of many institutions working on Aramco’s initial public offering People Moves BNY Mellon Hires Industry Veteran Jane Mancini as Head of Sales for Asset Servicing Americas News Team Thursday, November 14, 2019 12:00 am http://ambankers.net/article/43587/bny-mellon-hires-industry-veteran-jane-mancini-as-head-of-sales-for-asset-servicing-americas Jane brings a unique combination of skills to the firm,” said Emily Portney, Head of Asset Servicing for the Americas. People Moves AMP Capital makes senior asset management hire for the Americas News Aggregation Team Thursday, November 14, 2019 12:00 am http://ambankers.net/article/43588/amp-capital-makes-senior-asset-management-hire-for-the-americas Strong asset management is integral to the success of our investment strategy, as we apply rigorous active management to add value and build successful, sustainable businesses. People Moves Former BlackRock exec joins GAM as chief operating officer News Aggregation Team Thursday, November 14, 2019 12:00 am http://ambankers.net/article/43589/former-blackrock-exec-joins-gam-as-chief-operating-officer Rafferty brings two decades of experience in asset management. People Moves Chubb appoints Division President, Chubb Global Markets News Team Thursday, November 14, 2019 12:00 am http://ambankers.net/article/43592/chubb-appoints-division-president-chubb-global-markets Jason will assume his role early in the new year People Moves BlackRock: Brazilian pension reform to usher in era of growth News Aggregation Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43618/blackrock-brazilian-pension-reform-to-usher-in-era-of-growth Another tenet of the Bolsonaro’s pro-market reforms is ‘taking government subsidies out and putting the private sector in’, said Kuczma, adding that it would create a ‘base for sustainable growth in the country’. Legal, Regulation & Compliance Elizabeth Warren takes risk with ad blasting billionaires News Aggregation Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43608/elizabeth-warren-takes-risk-with-ad-blasting-billionaires A note appears on screen -- "charged with insider trading." Legal, Regulation & Compliance How America's oldest bank became a money laundering hub for post-Soviet Russia News Aggregation Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43614/how-americaamp039s-oldest-bank-became-a-money-laundering-hub-for-post-soviet-russia Soviet banks were handled by a Russian aristocrat from the highest echelons of tsarist society Legal, Regulation & Compliance Conflicts of interest in target-date funds catch SEC’s eye News Aggregation Team Sunday, November 17, 2019 12:00 am http://ambankers.net/article/43605/conflicts-of-interest-in-target-date-funds-catch-secamprsquos-eye The big proportion of US workers channelled in the retirement portfolios has increased the review urgency Legal, Regulation & Compliance JPMorgan Precious Metals Probe Expands as Another Is Charged News Aggregation Team Saturday, November 16, 2019 12:00 am http://ambankers.net/article/43613/jpmorgan-precious-metals-probe-expands-as-another-is-charged Indictments against Michael Nowak -- JPMorgan’s global head of precious metals trading -- and Gregg Smith were made public in September and they have pleaded not guilty. Legal, Regulation & Compliance SEC Approves FINRA Amendments to Rules 5130 and 5131 News Aggregation Team Friday, November 15, 2019 12:00 am http://ambankers.net/article/43600/sec-approves-finra-amendments-to-rules-5130-and-5131 FINRA member firms and others should begin evaluating account opening and other documents that collect information to facilitate compliance with the Rules Legal, Regulation & Compliance Japanese giant acquires Hunt, grows multifamily banking business News Aggregation Team Thursday, November 14, 2019 12:00 am http://ambankers.net/article/43585/japanese-giant-acquires-hunt-grows-multifamily-banking-business The commercial real estate lender offers the full range of Fannie Mae, Freddie Mac, and FHA financing, as well as proprietary bridge, term, and subordinated products. Legal, Regulation & Compliance Vancouver plans next step in real estate crackdown – a big watchdog News Aggregation Team Wednesday, November 13, 2019 12:00 am http://ambankers.net/article/43576/vancouver-plans-next-step-in-real-estate-crackdown-ampndash-a-big-watchdog aving a single regulator for those areas will streamline investigations and enforcement, according to the government. Legal, Regulation & Compliance Law Firm Revenues Rise as Demand Accelerates, Citi Reports News Aggregation Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43557/law-firm-revenues-rise-as-demand-accelerates-citi-reports The first nine months of 2019 saw 5.1% revenue growth for a sample of 190 law firms. Legal, Regulation & Compliance Canadian Securities Regulators and MAS Strengthen Cooperation in FinTech News Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43567/canadian-securities-regulators-and-mas-strengthen-cooperation-in-fintech The agreement sets out the framework of collaboration between the CSA members and MAS. Legal, Regulation & Compliance ADAM releases Code of Conduct for digital asset markets News Aggregation Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43617/adam-releases-code-of-conduct-for-digital-asset-markets New member firms join leading market participants to advance and align on standards of conduct FinTech Perhaps Google Will Kill Bitcoin, After All News Aggregation Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43611/perhaps-google-will-kill-bitcoin-after-all Google's planned bank account, code-named Cache and expected to allow users to add Google's analytic tools to traditional banking products, is due to be launched sometime next year, alongside Facebook's planned bitcoin rival, libra. FinTech The problem when asset allocators don’t manage and mitigate operational risks in multi-fund portfolios News Team Thursday, November 14, 2019 12:00 am http://ambankers.net/article/43591/the-problem-when-asset-allocators-donamprsquot-manage-and-mitigate-operational-risks-in-multi-fund-portfolios With the development of more effective due diligence capabilities, asset allocators have been able to play a key role in reducing the “external” operational risk within the fund management organizations. FinTech Digitalisation is essential to Latin America’s blossoming wealth management sector News Aggregation Team Wednesday, November 13, 2019 12:00 am http://ambankers.net/article/43580/digitalisation-is-essential-to-latin-americaamprsquos-blossoming-wealth-management-sector By 2020, consulting firm PwC expects the global asset management industry to reach $111.2trn in assets under management FinTech CME Group Announces Jan. 13, 2020 Launch for Bitcoin Options News Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43561/cme-group-announces-jan-13-2020-launch-for-bitcoin-options Market users have rapidly adopted Bitcoin futures since their December 2017 launch. FinTech Cybersecurity in M&A Transactions: Friend or Foe? News Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43542/cybersecurity-in-mampampa-transactions-friend-or-foe Lack of proper due diligence in this area could result in the acquirer taking on the damages and liability from such incidents in the past. FinTech The High Stakes of the Coming Digital Currency War News Aggregation Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43547/the-high-stakes-of-the-coming-digital-currency-war Just as technology has disrupted media, politics, and business, it is on the verge of disrupting America’s ability to leverage faith in its currency to pursue its broader national interests. FinTech Goldman Sachs readies to launch robo advisor News Aggregation Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43550/goldman-sachs-readies-to-launch-robo-advisor Robo advice could unlock a new customer sector for the banking group— as well as adding efficiencies. FinTech IRS Says ‘Dozens’ of New Crypto, Cybercriminals Are Identified News Aggregation Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43551/irs-says-amplsquodozensamprsquo-of-new-crypto-cybercriminals-are-identified The effort is part of the Internal Revenue Service’s renewed focus on fighting tax evasion tied to cryptocurrency as digital currency has become more popular and gained in value. FinTech How to optimize participant outcomes and why it matters in the retirement industry News Team Thursday, November 07, 2019 12:00 am http://ambankers.net/article/43507/how-to-optimize-participant-outcomes-and-why-it-matters-in-the-retirement-industry Many providers mistakenly think that in order to offer personalization to their clients, they must develop those solutions in-house. FinTech New York hotel suite costing $350,000 a week eyes Saudi, UAE visitors News Aggregation Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43607/new-york-hotel-suite-costing-350000-a-week-eyes-saudi-uae-visitors Dubai, Riyadh chosen as early launch cities for new luxury offering in New York City Alternative Investments Investors stick with the wealth managers they know, study finds News Aggregation Team Thursday, November 14, 2019 12:00 am http://ambankers.net/article/43586/investors-stick-with-the-wealth-managers-they-know-study-finds It’s easy to comparison shop for a lot of things. Wealth management isn’t one of them. Alternative Investments Morgan launches EM sustainable fund News Aggregation Team Thursday, November 14, 2019 12:00 am http://ambankers.net/article/43595/morgan-launches-em-sustainable-fund It follows the launch of the JPMorgan Global Macro Sustainable fund in September. Alternative Investments Hedge fund body sets out 45 steps for change in diversity push News Team Wednesday, November 13, 2019 12:00 am http://ambankers.net/article/43577/hedge-fund-body-sets-out-45-steps-for-change-in-diversity-push The paper comes as industry leaders increasingly recognise the competitive advantage that is found in a diverse workforce. Alternative Investments Columbia Threadneedle Strategy Recognized With Institutional Asset Management Award News Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43560/columbia-threadneedle-strategy-recognized-with-institutional-asset-management-award Winning Emerging Markets Strategy Serving the North American Institutional Market Honored for Strong Performance Alternative Investments Focus Financial is "the only game in town" for RIA M&A, says CEO Rudy Adolf News Aggregation Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43541/focus-financial-is-ampquotthe-only-game-in-townampquot-for-ria-mampampa-says-ceo-rudy-adolf Mr. Adolf likes what he sees at Focus, questions the strategy of competition Alternative Investments Phoenix Financial PR gains international capability News Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43544/phoenix-financial-pr-gains-international-capability IFCG membership expands the range of services we are able to provide to our clients and will allow us to collaborate with new ones looking for support in the US and Australia. Alternative Investments Connection Capital gives clients access to North America and Europe-focused mid-market private equity fund News Aggregation Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43545/connection-capital-gives-clients-access-to-north-america-and-europe-focused-mid-market-private-equity-fund The Fund has already invested around half of its capital into four portfolio companies in these areas, which are all performing well. Alternative Investments Broker wars forcing managers to shine or get shoved aside News Aggregation Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43552/broker-wars-forcing-managers-to-shine-or-get-shoved-aside There will be a tighter, more focused scrutiny on trading costs, but also what execution analysis looks like. Alternative Investments Why ultra-high-net-worth clients need a financial cushion News Aggregation Team Friday, November 08, 2019 12:00 am http://ambankers.net/article/43527/why-ultra-high-net-worth-clients-need-a-financial-cushion Rather than good or bad debt, Hershcovitch prefers to emphasize “appropriate” debt and whether the HNW family can afford to service it. Alternative Investments Stifel completes European acquisition News Aggregation Team Friday, November 01, 2019 12:00 am http://ambankers.net/article/43468/stifel-completes-european-acquisition The German bank also adds "significant capital raising capabilities" to Stifel’s equity issuance business. Investment Banking Bank of America Merrill Lynch incorporates 40 new model portfolios News Aggregation Team Tuesday, October 29, 2019 12:00 am http://ambankers.net/article/43414/bank-of-america-merrill-lynch-incorporates-40-new-model-portfolios They are available across investor profiles and tax approaches. Investment Banking U.S. banks' Brexit offices are ready in Paris and Frankfurt, but they're not hiring News Aggregation Team Tuesday, October 22, 2019 1:00 am http://ambankers.net/article/43327/us-banksamp039-brexit-offices-are-ready-in-paris-and-frankfurt-but-theyamp039re-not-hiring Only JPMorgan and Citi don't seem to have shiny new premises in the French and German financial centres, although both are said to be looking for somewhere in Paris (presumably with a degree of desperation at this stage). Investment Banking BNY Mellon Investment Management "Fixed income. Not fixed thinking" National Research Study Finds Majority of Americans Surveyed Do Not Understand Fixed Income News Team Tuesday, October 22, 2019 1:00 am http://ambankers.net/article/43337/bny-mellon-investment-management-ampquotfixed-income-not-fixed-thinkingampquot-national-research-study-finds-majority-of-americans-surveyed-do-not-understand-fixed-income Only 8% Accurately Define Fixed Income Investments; Nearly Half Have No Fixed Income Investments Investment Banking JPMorgan, SocGen earn W7.7 bil. from DLF fiasco News Aggregation Team Monday, October 21, 2019 1:00 am http://ambankers.net/article/43313/jpmorgan-socgen-earn-w77-bil-from-dlf-fiasco The lawmaker pointed out the financial services companies did not bear any risks in the process. Investment Banking Goldman Sachs Banks On Employee Experience To Drive Business Results News Aggregation Team Thursday, October 17, 2019 1:00 am http://ambankers.net/article/43290/goldman-sachs-banks-on-employee-experience-to-drive-business-results That data helps train managers to give employees the best experience – and get the best results. Investment Banking Pershing Unveils New, Centralized Portal for Investment Managers News Team Wednesday, October 16, 2019 1:00 am http://ambankers.net/article/43256/pershing-unveils-new-centralized-portal-for-investment-managers Manager Gateway features a new, intuitive user interface Investment Banking Macquarie Investment Management Completes Acquisition of Assets Related to First Investors Funds Managed by Foresters Financial News Team Tuesday, October 08, 2019 1:00 am http://ambankers.net/article/43175/macquarie-investment-management-completes-acquisition-of-assets-related-to-first-investors-funds-managed-by-foresters-financial In addition to the acquisition, Macquarie Investment Management will manage a portion of Foresters’ US general account to support its life insurance business. Investment Banking Barclays launches first-ever no-fee Exchange Traded Notes News Team Monday, October 07, 2019 1:00 am http://ambankers.net/article/43171/barclays-launches-first-ever-no-fee-exchange-traded-notes Today marks another exciting day in the evolution of Barclays’ iPath platform with the introduction of the first-ever ETNs that have no investor fees, and the first-ever no-fee ETPs offering exposure to precious metals. Investment Banking Is U.S. Bancorp The New Poster Child For The U.S. Banking Industry After Wells Fargo’s Fall From Grace? News Aggregation Team Friday, October 04, 2019 1:00 am http://ambankers.net/article/43151/is-us-bancorp-the-new-poster-child-for-the-us-banking-industry-after-wells-fargoamprsquos-fall-from-grace Trefis compares trends in key operating metrics for U.S Bancorp vs Wells Fargo over the last 4 years Investment Banking Location, location, location: Where’s your chief executive office? News Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43609/location-location-location-whereamprsquos-your-chief-executive-office The PPSA is largely based on the UCC framework and the PPSAs of each common law Canadian jurisdiction are generally very similar to each other. Comment, Analysis & Research Boo-hoo billionaires: why America's super-wealthy are afraid for 2020 News Aggregation Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43610/boo-hoo-billionaires-why-americaamp039s-super-wealthy-are-afraid-for-2020 As Warren and Sanders have gone on the attack, some plutocrats are getting angry at the billionaire-bashing – and others are running for the White House Comment, Analysis & Research CIO Weekly - Don't Give Up on a Fed Rate Cut by Gary Dugan News Team Monday, November 18, 2019 12:00 am http://ambankers.net/article/43612/cio-weekly-donamp039t-give-up-on-a-fed-rate-cut-by-gary-dugan The Atlanta Fed’s GDP Now and the New York Fed’s GDP Nowcast estimate of fourth-quarter GDP growth based on the flow of economic data fell to a range of 0.3% to 0.4%. Comment, Analysis & Research Income and Wealth not the Driver for Prosperity in High-Growth Markets - Global Study News Team Wednesday, November 13, 2019 12:00 am http://ambankers.net/article/43578/income-and-wealth-not-the-driver-for-prosperity-in-high-growth-markets-global-study The research by PayU found that three quarters of people in high-growth markets do not identify wealth and income as a driving factor of prosperity. Comment, Analysis & Research Meet the typical millennial millionaire in America News Aggregation Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43543/meet-the-typical-millennial-millionaire-in-america Who has a real-estate portfolio worth $1.4 million, is married, and is more likely to live in California than any other state Comment, Analysis & Research World’s Rich Readying for Major Stock Sell-Off, UBS Wealth Says News Aggregation Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43556/worldamprsquos-rich-readying-for-major-stock-sell-off-ubs-wealth-says "They see global interconnectivity and reverberations of change impacting their portfolios more than traditional business fundamentals, a marked change from the past.” Comment, Analysis & Research There are only 5 ways to become a billionaire — and none of them involve being successful in free market capitalism News Aggregation Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43572/there-are-only-5-ways-to-become-a-billionaire-ampmdash-and-none-of-them-involve-being-successful-in-free-market-capitalism That bailout is a hidden insurance policy, still in effect, with an estimated value to the big banks of $83 billion a year. Comment, Analysis & Research Why You Should Manage Your Wealth Like A Business News Aggregation Team Monday, November 11, 2019 12:00 am http://ambankers.net/article/43549/why-you-should-manage-your-wealth-like-a-business Numerous factors, both internal and external, can play a role in the erosion of family wealth. Comment, Analysis & Research Wells Fargo: Latest Investor Confidence Survey Shows Slight Improvement News Aggregation Team Friday, November 08, 2019 12:00 am http://ambankers.net/article/43528/wells-fargo-latest-investor-confidence-survey-shows-slight-improvement Wells Fargo/Gallup Investor Optimism Index rebounds after dipping in earlier quarter Comment, Analysis & Research Companies run by billionaires are better for investors News Team Friday, November 08, 2019 12:00 am http://ambankers.net/article/43534/companies-run-by-billionaires-are-better-for-investors This is one of the findings of the annual UBS and PwC Billionaires Insights report, The Billionaire Effect. Comment, Analysis & Research The great American tax haven: why the super-rich love South Dakota News Aggregation Team Thursday, November 14, 2019 12:00 am http://ambankers.net/article/43590/the-great-american-tax-haven-why-the-super-rich-love-south-dakota It’s known for being the home of Mount Rushmore – and not much else. But thanks to its relish for deregulation, the state is fast becoming the most profitable place for the mega-wealthy to park their billions. Tax OECD Digital Tax Proposals would Require Canadian Overhaul: C.D. Howe Institute News Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43566/oecd-digital-tax-proposals-would-require-canadian-overhaul-cd-howe-institute New OECD proposals on digital taxation would mean a substantial overhaul of Canadian tax rules if they are brought into effect, according to a new report from the C.D. Howe Institute. Tax IRS issues cost of living adjustments to retirement plan limits News Aggregation Team Friday, November 08, 2019 12:00 am http://ambankers.net/article/43532/irs-issues-cost-of-living-adjustments-to-retirement-plan-limits "We believe the value of retirement plans with the potential for tax-deductible contributions will continue to offer advantageous ways for tax-favored retirement savings." Tax US IRS tells banks not to close accounts just because of missing tax ID number: FATCA News Aggregation Team Friday, October 25, 2019 1:00 am http://ambankers.net/article/43387/us-irs-tells-banks-not-to-close-accounts-just-because-of-missing-tax-id-number-fatca Thousands of ‘accidental' Americans have been told by their banks that they will lose their accounts unless they provide a US tax number before October 1. Tax Illinois 'pension funds are doomed,' says Taxpayers United of America president News Aggregation Team Monday, October 21, 2019 1:00 am http://ambankers.net/article/43311/illinois-amp039pension-funds-are-doomedamp039-says-taxpayers-united-of-america-president Taxpayers United of America also recently released the state's 600 highest pension payouts. Tax Summers Lambasts Warren, Sanders Plans to Tax Wealth of the Rich News Aggregation Team Friday, October 18, 2019 1:00 am http://ambankers.net/article/43297/summers-lambasts-warren-sanders-plans-to-tax-wealth-of-the-rich Former Treasury chief says proposals likely unconstitutional Tax Crypto IRS Audits: Hire Professionals or Do it Yourself? News Aggregation Team Monday, October 14, 2019 1:00 am http://ambankers.net/article/43231/crypto-irs-audits-hire-professionals-or-do-it-yourself The IRS has said that virtual currency is an ongoing focus area for IRS criminal investigations Tax America’s coming mega-battle over tax News Aggregation Team Friday, October 11, 2019 1:00 am http://ambankers.net/article/43221/americaamprsquos-coming-mega-battle-over-tax If Warren becomes Democratic nominee, the 2020 election would turn into a contest with Capital Tax The IRS Just Issued Its First Cryptocurrency Tax Guidance in 5 Years News Aggregation Team Thursday, October 10, 2019 1:00 am http://ambankers.net/article/43207/the-irs-just-issued-its-first-cryptocurrency-tax-guidance-in-5-years Resolving a long-standing question, the guidance says new cryptocurrencies created from a fork of an existing blockchain should be treated as “an ordinary income equal to the fair market value of the new cryptocurrency when it is received.” Tax U.S. Corporate Tax Code Still Ranks Below Average, Study Finds News Aggregation Team Friday, October 04, 2019 1:00 am http://ambankers.net/article/43147/us-corporate-tax-code-still-ranks-below-average-study-finds The tax group gave the highest competitiveness rankings to the countries with the lowest rates and easiest processes to comply with the tax laws. Tax Consolidated platforms bring wealth monitoring and planning to one place News Aggregation Team Friday, November 15, 2019 12:00 am http://ambankers.net/article/43602/consolidated-platforms-bring-wealth-monitoring-and-planning-to-one-place There are new, aggregated platforms that are providing greater insight.” Retail Banking Franklin Resources announces preliminary Fourth Quarter and Fiscal Year Results News Team Friday, October 25, 2019 1:00 am http://ambankers.net/article/43383/franklin-resources-announces-preliminary-fourth-quarter-and-fiscal-year-results Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Retail Banking City National Bank Expands to Miami and Long Island and Adds New Hollywood Office News Team Friday, October 25, 2019 1:00 am http://ambankers.net/article/43385/city-national-bank-expands-to-miami-and-long-island-and-adds-new-hollywood-office Three new offices part of national expansion in strategic areas Retail Banking Tech Firms Are Building Bridges Across The Moats That Protected Banks News Aggregation Team Monday, October 21, 2019 1:00 am http://ambankers.net/article/43321/tech-firms-are-building-bridges-across-the-moats-that-protected-banks "Incumbents have historically enjoyed a moat of consumer trust" Retail Banking Efma and Accenture Announce Winners of Customer Insight & Growth Banking Innovation Awards News Aggregation Team Thursday, October 17, 2019 1:00 am http://ambankers.net/article/43293/efma-and-accenture-announce-winners-of-customer-insight-ampamp-growth-banking-innovation-awards The winners were selected by a panel of judges comprising senior retail bankers from around the world and by Efma members and non-members from retail institutions who voted online. Retail Banking Lincoln Financial Distributor Wholesalers Win National Association of Plan Advisors “Wingman” Award News Team Monday, October 07, 2019 1:00 am http://ambankers.net/article/43160/lincoln-financial-distributor-wholesalers-win-national-association-of-plan-advisors-ampldquowingmanamprdquo-award Gavinski and Sheinwald were named winners for the fourth consecutive year and were further recognized with the distinction of being named in the Top 10 in the Record Keeper wholesaler category. Retail Banking Synovus Opens New Branch in Fort Lauderdale News Team Monday, October 07, 2019 1:00 am http://ambankers.net/article/43166/synovus-opens-new-branch-in-fort-lauderdale We’re excited about opportunities this new branch presents and believe we are better positioned than ever to add convenience to the advantages we already provide in personal, capable, local banking.” Retail Banking Bank customers want high-touch services, but wary of open banking News Aggregation Team Monday, September 23, 2019 1:00 am http://ambankers.net/article/43015/bank-customers-want-high-touch-services-but-wary-of-open-banking With open banking, third-party apps get access through application programming interfaces (APIs), a means of connecting two software components and transferring data. Retail Banking Heritage Commerce Corp and Presidio Bank Shareholders Approve Merger Agreement Thursday, August 29, 2019 1:00 am http://ambankers.net/article/42765/heritage-commerce-corp-and-presidio-bank-shareholders-approve-merger-agreement The transaction is expected to close in the fourth quarter of 2019, subject to customary closing conditions. Retail Banking German bank backed by Peter Thiel launches in US News Aggregation Team Friday, August 23, 2019 1:00 am http://ambankers.net/article/42707/german-bank-backed-by-peter-thiel-launches-in-us N26, which has no physical bank branches, has a $3.5 billion valuation. Retail Banking Carbon Neutral Isn’t Enough News Aggregation Team Sunday, November 17, 2019 12:00 am http://ambankers.net/article/43606/carbon-neutral-isnamprsquot-enough The United Nations’ Intergovernmental Panel on Climate Change says average global temperatures cannot be allowed to exceed ESG A little humour might help with climate change gloom News Aggregation Team Tuesday, November 12, 2019 12:00 am http://ambankers.net/article/43564/a-little-humour-might-help-with-climate-change-gloom Climate news can be depressing. What if we used humour to introduce climate change issues while allowing young people to remain politically engaged? ESG MarketAxess Raises Funds for Emerging Market Communities News Aggregation Team Tuesday, November 05, 2019 12:00 am http://ambankers.net/article/43487/marketaxess-raises-funds-for-emerging-market-communities "We’ve raised nearly $2 million across the last seventeen years and remain deeply committed to the quality of life in emerging market countries.” ESG US fund managers overwhelmingly blocking climate votes News Team Monday, November 04, 2019 12:00 am http://ambankers.net/article/43477/us-fund-managers-overwhelmingly-blocking-climate-votes The range of proposals cover emissions reduction targets, climate reporting and governance, and corporate lobbying. ESG Brown Advisory launches Global Leaders Sustainable Fund News Team Monday, November 04, 2019 12:00 am http://ambankers.net/article/43480/brown-advisory-launches-global-leaders-sustainable-fund The Global Leaders Sustainable Fund expands on the ESG integration that is already built into their bottom-up research process by adding back-end screens to avoid certain business controversies, such as military equipment, alcohol and tobacco, as requeste ESG PNC Issues Inaugural Green Bond News Team Sunday, November 03, 2019 12:00 am http://ambankers.net/article/43474/pnc-issues-inaugural-green-bond Proceeds will fund eligible projects that promote a transition to a low-carbon economy ESG Carbon offsetting: the frequently asked questions News Aggregation Team Wednesday, October 09, 2019 1:00 am http://ambankers.net/article/43190/carbon-offsetting-the-frequently-asked-questions Here are some of the most commonly-asked questions about carbon accounting. ESG Companies struggle to digest ‘alphabet soup’ of ESG arbiters News Aggregation Team Monday, October 07, 2019 1:00 am http://ambankers.net/article/43162/companies-struggle-to-digest-amplsquoalphabet-soupamprsquo-of-esg-arbiters Awareness builds that a standardised reporting approach is needed in battle to fight climate change. ESG Investors struggle to make US companies change tack on climate change News Aggregation Team Monday, October 07, 2019 1:00 am http://ambankers.net/article/43164/investors-struggle-to-make-us-companies-change-tack-on-climate-change Number of shareholder-backed environmental proposals tumbles ESG How are banks doing on sustainable finance commitments? Not good enough News Aggregation Team Friday, October 04, 2019 1:00 am http://ambankers.net/article/43143/how-are-banks-doing-on-sustainable-finance-commitments-not-good-enough World Resources Institute’s new Green Targets Tool shows that only 24 of the 50 largest private-sector banks have made a sustainable finance commitment — and the targets vary considerably. ESG