Managers of Wealth - Americas http://ambankers.net/ Tue, 26 Jan 2021 21:58:42 GMT part of MediaG8way Group http://ambankers.net/ http://ambankers.net/assets/images/logo.png Managers of Wealth - Americas KohanaPHP Farther Finance Launches Category Defining Wealth Management Tools That Pull The Private Banking Experience Forward News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48367/farther-finance-launches-category-defining-wealth-management-tools-that-pull-the-private-banking-experience-forward New Platform Combines Latest in Tech, Data, and Financial Advice to Create the First Financial Services Platform That Makes The Private Bank Experience Accessible Wealth and Asset Management CI Financial Kickstarts 2021 with Acquisition of Chicago-based Segall Bryant & Hamill News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48369/ci-financial-kickstarts-2021-with-acquisition-of-chicago-based-segall-bryant-ampamp-hamill Acquisition continues ambitious cross-border growth initiative and will boost CI’s total assets to C$261 billion Wealth and Asset Management Covid Versus Biden's Budget Promises News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48371/covid-versus-bidenamp039s-budget-promises Investors continue to be pulled in two opposite directions. Wealth and Asset Management The NBA’s private equity plan is in motion and it’s betting on the allure of sports ownership News Aggregation Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48372/the-nbaamprsquos-private-equity-plan-is-in-motion-and-itamprsquos-betting-on-the-allure-of-sports-ownership The NBA is banking on private equity investment to bring it financial optionality and a new pool sports ownership seekers. Wealth and Asset Management Mercer Advisors Acquires Marrs Wealth Management News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48375/mercer-advisors-acquires-marrs-wealth-management Acquisition of Marrs Wealth Management Expands Mercer Advisors' Presence in Iowa and Central United States Wealth and Asset Management 10th Annual Citizens M&A Outlook Finds Business Owners, Private Equity Firms Expect Wave of Deals in Second Half News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48379/10th-annual-citizens-mampampa-outlook-finds-business-owners-private-equity-firms-expect-wave-of-deals-in-second-half Advisors recommend that prospective sellers start the process early in year for best outcomes Wealth and Asset Management Small New Jersey bank eyes big expansion in wealth management News Aggregation Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48383/small-new-jersey-bank-eyes-big-expansion-in-wealth-management A move south would keep Peapack in touch with the growing number of affluent New York and New Jersey residents flocking to Florida, said John Babcock, president of Peapack Private, the company’s wealth management unit. Wealth and Asset Management JP Morgan Snags 7 AFTAs—Here’s Why They Won News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48349/jp-morgan-snags-7-aftasampmdashhereamprsquos-why-they-won Built in early 2019, OmniAI now provides a single place where data scientists can discover, experiment, share, and deploy their work into production applications in a secure and compliant manner. Wealth and Asset Management AFTAs 2020: Best Back-Office Initiative—SEI News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48350/aftas-2020-best-back-office-initiativeampmdashsei The best back-office initiative AFTA has for the most part been awarded to London-based SmartStream since the category’s inception in 2016. The two occasions that it hasn’t were in 2018, when Cobalt won thanks to its foreign exchange (FX) re Wealth and Asset Management M&A in 2021: asset management primed for consolidation News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48351/mampampa-in-2021-asset-management-primed-for-consolidation Dealmaking is hotting up in a sector under relentless margin pressure Wealth and Asset Management Standard Life Aberdeen broadens senior leadership team as part of growth area push News Aggregation Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48370/standard-life-aberdeen-broadens-senior-leadership-team-as-part-of-growth-area-push New sector chief executives for Asia Pacific, UK, Europe, the Middle East and Africa, and the Americas People Moves Spencer Fane Adds 10 Attorneys in Denver, Bolstering Litigation Practice News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48376/spencer-fane-adds-10-attorneys-in-denver-bolstering-litigation-practice As a part of a team of 10 attorneys, the group reinforces the firm’s commitment to making a full range of legal services available to clients throughout its growing footprint while also deepening its capabilities in Denver People Moves LPL Financial Welcomes Washington Crossing Financial Group News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48380/lpl-financial-welcomes-washington-crossing-financial-group They will leverage LPL Financial’s broker-dealer and corporate RIA platforms, using LPL as custodian. People Moves Regions Bank Names Abbas Merchant as Chief Marketing Officer as Michele Elrod Announces Retirement News Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48358/regions-bank-names-abbas-merchant-as-chief-marketing-officer-as-michele-elrod-announces-retirement Merchant to build on foundation established by Elrod during her successful 37-year career with the bank. People Moves Broadridge Appoints Germán Soto Sanchez as Head of Corporate Strategy News Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48359/broadridge-appoints-germampaacuten-soto-sanchez-as-head-of-corporate-strategy Germán's experience as a Fintech executive, strategist and innovator make him a valuable addition to our leadership team as we continue to strategically shape and define Broadridge's future state People Moves Global Head of Media & External Communications Joins AIG News Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48336/global-head-of-media-ampamp-external-communications-joins-aig Mr. Ripley joins AIG from 12A Consulting People Moves Louis Green Joins UBS as a Financial Advisor in New York News Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48338/louis-green-joins-ubs-as-a-financial-advisor-in-new-york Louis works closely with his clients to construct portfolios that meet their long-term financial goals by combining retirement and estate planning, private banking and cash flow analysis. People Moves Four Advisors Move to Ameriprise for Digital Financial Planning Capabilities to Enhance Their Client Experience News Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48343/four-advisors-move-to-ameriprise-for-digital-financial-planning-capabilities-to-enhance-their-client-experience Financial planning is at the core of how David Moss and Jay Campbell serve their clients. People Moves UBS Wealth Management USA Hires Market Administrative Officer Lynn Hunter in San Diego News Team Wednesday, January 20, 2021 12:00 am http://ambankers.net/article/48304/ubs-wealth-management-usa-hires-market-administrative-officer-lynn-hunter-in-san-diego As a member of the senior leadership team within UBS’s San Diego market, Hunter’s role involves oversight of overall cost and organizational management, as well as strategic planning for the market as a whole. People Moves UBP Promotes Ex-Marc Rich CEO-UBS Banker News Aggregation Team Wednesday, January 20, 2021 12:00 am http://ambankers.net/article/48305/ubp-promotes-ex-marc-rich-ceo-ubs-banker Soni is leaving the bank by mutual agreement People Moves Mexican watchdog fines seven international banks for bond rigging News Aggregation Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48373/mexican-watchdog-fines-seven-international-banks-for-bond-rigging The trades were made between 2010 and 2013 and caused damage estimated to be worth 30 million pesos Legal, Regulation & Compliance Pension Consolidation: Optimizin Scale and Maximizing Efficiency News Aggregation Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48377/pension-consolidation-optimizin-scale-and-maximizing-efficiency Public pensions, on the other hand, have generally continued to provide a reasonable retirement for their covered workers. Legal, Regulation & Compliance Shell Company Disclosure Exemptions Prompt Calls for Changes News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48355/shell-company-disclosure-exemptions-prompt-calls-for-changes Small business advocates say the new requirements unfairly target them and create extra costs and legal risks for companies that don’t typically pose a money laundering threat. Legal, Regulation & Compliance If Allowed by Regulators, Bank of America Could Return a Lot of Capital to Shareholders This Year News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48364/if-allowed-by-regulators-bank-of-america-could-return-a-lot-of-capital-to-shareholders-this-year Simply put, Bank of America has more than $176 billion of common equity. Legal, Regulation & Compliance 2021 outlook: M&A leads the economic recovery News Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48337/2021-outlook-mampampa-leads-the-economic-recovery For some, growth will come within industries, with market leaders strengthening their position as the economy continues to recover. Legal, Regulation & Compliance President Biden freezes FinCEN's proposed crypto wallet regulations News Aggregation Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48344/president-biden-freezes-fincenamp039s-proposed-crypto-wallet-regulations President Joe Biden has frozen all regulatory processes including proposed FinCEN rules detrimental to the crypto industry. Legal, Regulation & Compliance State Street to cut 1,200 jobs News Aggregation Team Thursday, January 21, 2021 12:00 am http://ambankers.net/article/48326/state-street-to-cut-1200-jobs The company booked an $82 million employee severance charge in the fourth quarter as part of the action, he said. Legal, Regulation & Compliance Agencies Issue Final Rules Clarifying Role of Supervisory Guidance News Aggregation Team Wednesday, January 20, 2021 12:00 am http://ambankers.net/article/48314/agencies-issue-final-rules-clarifying-role-of-supervisory-guidance Rather, supervisory guidance outlines supervisory expectations and priorities, or articulates views regarding appropriate practices for a given subject area.” Legal, Regulation & Compliance Improving SARs effectiveness takes more than act of Congress News Aggregation Team Wednesday, January 20, 2021 12:00 am http://ambankers.net/article/48315/improving-sars-effectiveness-takes-more-than-act-of-congress In 2020, financial institutions filed more than 2.2 million original SARs, according to FinCEN’s SAR Stats tracker, down slightly from the 2.3 million filed in 2019. Legal, Regulation & Compliance Arthur J. Gallagher & Co. Acquires Atlas General Insurance Services News Team Tuesday, January 19, 2021 12:00 am http://ambankers.net/article/48301/arthur-j-gallagher-ampamp-co-acquires-atlas-general-insurance-services Terms of the transaction were not disclosed. Legal, Regulation & Compliance Raisin patents 'savings-as-a-service' technology as it moves on US market News Aggregation Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48366/raisin-patents-amp039savings-as-a-serviceamp039-technology-as-it-moves-on-us-market The fintech this month was awarded a patent for technology enabling banks to offer a "liquidity time deposit" CD product that allows the depositor to plan a distribution schedule. FinTech AFTAs 2020: Best Third-Party Technology Vendor IT Team—Vestmark News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48354/aftas-2020-best-third-party-technology-vendor-it-teamampmdashvestmark Peabody says this not only provides transparency at the team and department levels; it also improves the product management team’s ability to predict delivery dates and make trade-offs. FinTech SS&C GlobeOp Forward Redemption Indicator: January notifications 1.78% News Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48357/ssampampc-globeop-forward-redemption-indicator-january-notifications-178 SS&C GlobeOp’s Forward Redemption Indicator for January 2021 of 1.78% reflects lower redemption notices than the 2.26% reported a year ago,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. FinTech SS&C Expands Eze Investment Suite to Provide Unmatched Productivity, Flexibility and Scalability News Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48363/ssampampc-expands-eze-investment-suite-to-provide-unmatched-productivity-flexibility-and-scalability James Griffin to Lead Global Sales as SS&C Eze Continues Expansion FinTech Cryptos Won’t Work as Actual Currencies, UBS Economist Says News Aggregation Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48332/cryptos-wonamprsquot-work-as-actual-currencies-ubs-economist-says There is no such mechanism for switching off supply on most cryptocurrencies, and therefore their value can slide -- leading to a collapse in spending power. FinTech Providence Group selects Financial Risk Solutions technology to power digital wealth platform for expats News Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48334/providence-group-selects-financial-risk-solutions-technology-to-power-digital-wealth-platform-for-expats Launch new wealth and investment products, compliant with the latest regulations in a matter of days FinTech Don’t plan for the future’ based on virus-driven volatility – trading platform CMC News Aggregation Team Thursday, January 21, 2021 12:00 am http://ambankers.net/article/48322/donamprsquot-plan-for-the-futureamprsquo-based-on-virus-driven-volatility-ampndash-trading-platform-cmc CMC pointed to a healthy pipeline of projects that will drive new revenue streams separate from its main stockbroking and contracts for difference (CFD) businesses. FinTech HashCash Consultants to Help a USA-Based Bank with Corporate Trade News Aggregation Team Thursday, January 21, 2021 12:00 am http://ambankers.net/article/48327/hashcash-consultants-to-help-a-usa-based-bank-with-corporate-trade The platform also helps unite all involved parties and digitize the end-to-end trade process on a single network to cut down processing time drastically. FinTech Digital Transformation – Subsidiary Governance Beyond the Pandemic News Team Tuesday, January 19, 2021 12:00 am http://ambankers.net/article/48292/digital-transformation-ampndash-subsidiary-governance-beyond-the-pandemic In the future, this will allow for public authorities to collect, store and process various filings, not in weeks or months – as it is common in most of the jurisdictions – but in a matter of minutes. FinTech Volante Extends Collaboration with Citi for Global ISO 20022 Migration News Team Tuesday, January 19, 2021 12:00 am http://ambankers.net/article/48293/volante-extends-collaboration-with-citi-for-global-iso-20022-migration Citi will be building its core ISO 20022 capability using Volante’s VolPay For ISO 20022 Migration solution. FinTech Top hedge funds earned US$63.5b in 2020, highest in decade: LCH data News Aggregation Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48368/top-hedge-funds-earned-us635b-in-2020-highest-in-decade-lch-data That was despite 2020 not being as profitable as the previous year for hedge funds as a whole, which saw earnings fall from US$178 billion in 2019. Alternative Investments Sycamore Partners Announces Plans to Add Fourth Ship to Azamara® Fleet News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48381/sycamore-partners-announces-plans-to-add-fourth-ship-to-azamaraampreg-fleet This news follows an announcement earlier this month that Sycamore Partners has entered into a definitive agreement to acquire Azamara, presently under the portfolio of Royal Caribbean Group. Alternative Investments ElmTree Funds Announces $600 Million Strategic Partnership with Guggenheim Investments News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48382/elmtree-funds-announces-600-million-strategic-partnership-with-guggenheim-investments This strategic partnership provides fresh capital to continue investing in mission critical assets that are in high demand across the country, while generating steady, long-term cash flow. Alternative Investments 70% of Canadian investors uncertain about what to do with their investments amid the pandemic News Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48360/70-of-canadian-investors-uncertain-about-what-to-do-with-their-investments-amid-the-pandemic The pandemic has caused Canadians to rethink their retirement. Alternative Investments This Hedge Fund Made the Most Money for Investors Last Year News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48365/this-hedge-fund-made-the-most-money-for-investors-last-year Chase Coleman’s Tiger Global returned more to investors in 2020 than any other manager — but Bridgewater still tops an annual all-time winners list. Alternative Investments Regions reports 2020 earnings of $991 million and earnings per share of $1.03 News Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48339/regions-reports-2020-earnings-of-991-million-and-earnings-per-share-of-103 Delivers strong revenue and pre-tax pre-provision income(1) growth over the prior year Alternative Investments Hedge fund asset volumes are setting new records, as uncorrelated gains draw more investor money News Aggregation Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48345/hedge-fund-asset-volumes-are-setting-new-records-as-uncorrelated-gains-draw-more-investor-money The industry’s “defensive outperformance through the coronavirus-driven volatility in early 2020, as well as opportunistic gains through the uneven financial market recovery in the second and third quarters” has helped draw more institut Alternative Investments 5 Ways to Bring DIY Investors Into Your Fold News Aggregation Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48347/5-ways-to-bring-diy-investors-into-your-fold They saved diligently throughout their lives and were now ready to hand the reins over to an experienced professional who understood their wants and needs. Alternative Investments JP Morgan Asset Management forecasts “rich environment” for hedge funds as ‘megatrends’ take centre-stage News Aggregation Team Thursday, January 21, 2021 12:00 am http://ambankers.net/article/48325/jp-morgan-asset-management-forecasts-ampldquorich-environmentamprdquo-for-hedge-funds-as-amplsquomegatrendsamprsquo-take-centre-stage Hedge fund managers can expect “generally elevated valuations”, supported by a positive macro backdrop comprising ongoing fiscal stimulus, above-trend growth, and continued low interest rates. Alternative Investments Asset manager Nuveen exits sanctions-hit Chinese companies News Aggregation Team Thursday, January 21, 2021 12:00 am http://ambankers.net/article/48331/asset-manager-nuveen-exits-sanctions-hit-chinese-companies The disposals come as U.S. investors scramble to exit stocks subject to the sanctions Alternative Investments Bank optimism growing News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48362/bank-optimism-growing More broadly along these lines, the banks should also be viewed as a bellwether for the economy at large given that they represent the primary transmission mechanism between monetary policy and the business cycle. Investment Banking What investors are watching for as UBS prepares to kick off Europe’s bank earnings News Aggregation Team Friday, January 22, 2021 12:00 am http://ambankers.net/article/48341/what-investors-are-watching-for-as-ubs-prepares-to-kick-off-europeamprsquos-bank-earnings UBS will kickstart the earnings season for Europe’s major lenders on Jan. 26, having posted a 99% rise in net profit in the third quarter of 2020. Investment Banking BNY Mellon 4Q Profit, Revenue Fall News Aggregation Team Wednesday, January 20, 2021 12:00 am http://ambankers.net/article/48317/bny-mellon-4q-profit-revenue-fall Fee revenue fell to $3.12 billion from $3.97 billion, reflecting the gain on sale of an equity investment in the year-ago period. Investment Banking Bank of America posts quarterly profit that exceeds analysts’ expectations but revenue falls short News Aggregation Team Tuesday, January 19, 2021 12:00 am http://ambankers.net/article/48296/bank-of-america-posts-quarterly-profit-that-exceeds-analystsamprsquo-expectations-but-revenue-falls-short Bank of America reported earnings per share of 59 cents, 4 cents better than the consensus estimate of analysts surveyed by Refinitiv. Investment Banking Strong Investment Banking to Support BofA (BAC) Q4 Earnings News Aggregation Team Tuesday, January 19, 2021 12:00 am http://ambankers.net/article/48297/strong-investment-banking-to-support-bofa-bac-q4-earnings During the fourth quarter, the number of announced global M&As jumped. Investment Banking Why the Bank of Canada could be among the first to raise interest rates News Aggregation Team Tuesday, January 19, 2021 12:00 am http://ambankers.net/article/48299/why-the-bank-of-canada-could-be-among-the-first-to-raise-interest-rates Central bank may be forced to confront inflationary pressures sooner than most of its peers Investment Banking Wells Fargo posts rare rise in income News Aggregation Team Sunday, January 17, 2021 12:00 am http://ambankers.net/article/48281/wells-fargo-posts-rare-rise-in-income The company also booked $781m in restructuring charges as chief executive Charlie Scharf takes tough measures to shift fortunes at the bank that he joined in 2019. Investment Banking Wells Fargo Reports Fourth Quarter 2020 Financial Results News Team Friday, January 15, 2021 12:00 am http://ambankers.net/article/48270/wells-fargo-reports-fourth-quarter-2020-financial-results The financial results are available online Investment Banking TD Bank Group to acquire Wells Fargo's Canadian Direct Equipment Finance Business News Team Thursday, January 14, 2021 12:00 am http://ambankers.net/article/48256/td-bank-group-to-acquire-wells-fargoamp039s-canadian-direct-equipment-finance-business Acquisition strengthens and expands TD Business Banking capabilities across Canada Investment Banking Wells Fargo Launches Office of Consumer Practices News Team Wednesday, January 13, 2021 12:00 am http://ambankers.net/article/48232/wells-fargo-launches-office-of-consumer-practices New group will drive consumer-centric approach across the bank Investment Banking COVID has worsened inequality even as the rich thrive: Oxfam News Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48352/covid-has-worsened-inequality-even-as-the-rich-thrive-oxfam Rising inequality means it could take at least 14 times longer for the number of people living in poverty to return to pre-pandemic levels than it took for the fortunes of the top 1,000, mostly White male, billionaires to bounce back. Comment, Analysis & Research What will drive bank M&A in 2021 News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48361/what-will-drive-bank-mampampa-in-2021 “Consolidation is definitely in the winds,” said Stephen Curry, CEO of the bank consulting firm Endurance Advisory Partners. Comment, Analysis & Research Remote Possibilities: The Pro’s Guide to Long-Term Working from Home News Team Sunday, January 24, 2021 12:00 am http://ambankers.net/article/48348/remote-possibilities-the-proamprsquos-guide-to-long-term-working-from-home Three professionals share their working-from-home strategies for the long haul—plus, we explore the new option of working from paradise instead Comment, Analysis & Research How 2020’s Challenges Have Highlighted The World’s Resilience News Aggregation Team Wednesday, January 20, 2021 12:00 am http://ambankers.net/article/48312/how-2020amprsquos-challenges-have-highlighted-the-worldamprsquos-resilience Now, with the benefit of nine months’ hindsight, it is worth reflecting on how the world quickly adapted to this unprecedented event. Comment, Analysis & Research How Biden’s First Week in Office Could Affect Your Bank Account News Aggregation Team Wednesday, January 20, 2021 12:00 am http://ambankers.net/article/48313/how-bidenamprsquos-first-week-in-office-could-affect-your-bank-account It is expected Biden will make moves in his first week in the Oval Office to put his $1.9 trillion plan into action and also to reverse some actions of his predecessor. Comment, Analysis & Research This Is What Americans Want Most From Banks News Aggregation Team Monday, January 18, 2021 12:00 am http://ambankers.net/article/48282/this-is-what-americans-want-most-from-banks Of course, the people you speak to (whether over the phone or in person) about banking issues should absolutely treat you with respect and have a pleasant demeanor. Comment, Analysis & Research Why active ownership is here to stay News Aggregation Team Monday, January 18, 2021 12:00 am http://ambankers.net/article/48284/why-active-ownership-is-here-to-stay These connections also provide information sharing and serve as an important feedback loop into our active ownership processes. Comment, Analysis & Research Analysis: Many U.S. corporate boards don't fully understand the climate crisis News Aggregation Team Thursday, January 14, 2021 12:00 am http://ambankers.net/article/48247/analysis-many-us-corporate-boards-donamp039t-fully-understand-the-climate-crisis Almost all corporate boards suffer from "inadequate expertise in financially material ESG matters," said Tensie Whelan, the director of NYU's Stern Center for Sustainable Business. Comment, Analysis & Research Whistleblowing soars to record with Americans working from home News Aggregation Team Thursday, January 14, 2021 12:00 am http://ambankers.net/article/48248/whistleblowing-soars-to-record-with-americans-working-from-home What’s more, people feel emboldened to speak out when managers and co-workers aren’t peering over their shoulders. Comment, Analysis & Research Three Developing Technologies That Will Change The Banking Industry News Aggregation Team Wednesday, January 13, 2021 12:00 am http://ambankers.net/article/48241/three-developing-technologies-that-will-change-the-banking-industry Artem Tymoshenko is a fintech expert, founder and CEO of Maxpay. Comment, Analysis & Research Will Tax Havens Fall Prey to Global Momentum on Anti-Abuse Tax Initiatives? News Aggregation Team Thursday, January 21, 2021 12:00 am http://ambankers.net/article/48329/will-tax-havens-fall-prey-to-global-momentum-on-anti-abuse-tax-initiatives Worldwide economies are struggling with tax revenues down sharply, and governments will turn over rocks to reduce deficits. Tax Great Fortunes Tax imposed in Argentina News Team Wednesday, January 13, 2021 12:00 am http://ambankers.net/article/48238/great-fortunes-tax-imposed-in-argentina The new tax is expected to be one-time tax, payable by Argentinian individuals with personal wealth equal or above 200 million pesos Tax A Small Tax Change Is a Boon for Permanent Life Insurance News Aggregation Team Monday, January 11, 2021 12:00 am http://ambankers.net/article/48193/a-small-tax-change-is-a-boon-for-permanent-life-insurance Insurers worried that a government rule from 1984 threatened certain products—and sought Washington’s help Tax Rich Americans Bracing for Higher Taxes Await Biden’s First Move News Aggregation Team Saturday, January 09, 2021 12:00 am http://ambankers.net/article/48189/rich-americans-bracing-for-higher-taxes-await-bidenamprsquos-first-move The questions paralyzing the wealthy and their advisers are which proposals by the Democrats will pass, and when they get implemented. Tax Canada to tax foreign non-resident property owners News Aggregation Team Wednesday, December 09, 2020 12:00 am http://ambankers.net/article/47882/canada-to-tax-foreign-non-resident-property-owners As a way to clamp down on individuals using the country as a ‘place to passively store their wealth’ Tax Covid: Argentina passes tax on wealthy to pay for virus measures News Aggregation Team Monday, December 07, 2020 12:00 am http://ambankers.net/article/47852/covid-argentina-passes-tax-on-wealthy-to-pay-for-virus-measures Argentina has recorded close to 1.5 million infections and almost 40,000 deaths from the coronavirus. Tax USA and Monaco agreed on Tax Exchange reports News Aggregation Team Wednesday, December 02, 2020 12:00 am http://ambankers.net/article/47806/usa-and-monaco-agreed-on-tax-exchange-reports The agreement was signed by the US IRS’s Douglas O’Donnell and Monaco’s Minister of Finance and Economy, Jean Castellini. Tax Tax cheats deprive governments worldwide of $427 billion a year, crippling pandemic response: study News Aggregation Team Friday, November 20, 2020 12:00 am http://ambankers.net/article/47701/tax-cheats-deprive-governments-worldwide-of-427-billion-a-year-crippling-pandemic-response-study U.S. loses the most, $90 billion, according to first country-by-country breakdown of the impact of companies and wealthy elites abusing the tax system Tax Andersen Global Adds Additional Collaborating Firm in Barbados News Team Friday, November 20, 2020 12:00 am http://ambankers.net/article/47702/andersen-global-adds-additional-collaborating-firm-in-barbados Andersen Global Chairman and Andersen CEO Mark Vorsatz added, “Our collaboration with Dominique and her team enhances our capabilities in Barbados and is the next step in integrating more seamlessly with locations in the Caribbean. Tax Baker Tilly Expands in California’s Silicon Valley with Acquisition News Team Friday, November 20, 2020 12:00 am http://ambankers.net/article/47699/baker-tilly-expands-in-californiaamprsquos-silicon-valley-with-acquisition In the past 24 months, Baker Tilly also expanded into Texas Tax American Express Reports Fourth-Quarter Revenue of $9.4 Billion and Earnings Per Share Of $1.76 News Team Tuesday, January 26, 2021 12:00 am http://ambankers.net/article/48378/american-express-reports-fourth-quarter-revenue-of-94-billion-and-earnings-per-share-of-176 Our progress in managing through the pandemic over the last year confirms the strength of our differentiated business model Retail Banking AFTAs 2020: Best Infrastructure Initiative—Bank of America News Aggregation Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48356/aftas-2020-best-infrastructure-initiativeampmdashbank-of-america The WAN is based on 100 gigabit-per-second private Ethernet lines, and uses the latest carrier-grade, programmable routers and automation software that enable traffic segmentation and end-to-end encryption. Retail Banking Truist Reports Fourth Quarter 2020 Results News Team Thursday, January 21, 2021 12:00 am http://ambankers.net/article/48324/truist-reports-fourth-quarter-2020-results Earnings of $1.2 billion, or $0.90 per diluted share Retail Banking European banks struggle to crack US retail market News Aggregation Team Wednesday, December 30, 2020 12:00 am http://ambankers.net/article/48070/european-banks-struggle-to-crack-us-retail-market Lenders squeezed out as American rivals double down on domestic operations Retail Banking JPMorgan is acquiring a major credit card rewards business in a bet that travel will rebound next year News Aggregation Team Tuesday, December 29, 2020 12:00 am http://ambankers.net/article/48060/jpmorgan-is-acquiring-a-major-credit-card-rewards-business-in-a-bet-that-travel-will-rebound-next-year JPMorgan had partnered with cxLoyalty for its popular credit card rewards program until 2018 Retail Banking Deutsche Bank raises prospect of moving half its New York staff News Aggregation Team Tuesday, December 15, 2020 12:00 am http://ambankers.net/article/47921/deutsche-bank-raises-prospect-of-moving-half-its-new-york-staff US chief says employees could be shifted to lower-cost areas of country in next five years Retail Banking Silicon Valley banks mark almost 25% growth in deposits for 2020 News Aggregation Team Friday, December 11, 2020 12:00 am http://ambankers.net/article/47916/silicon-valley-banks-mark-almost-25-growth-in-deposits-for-2020 The Bank of Hope has a single Silicon Valley location, at 1102 El Camino Real in Sunnyvale. Retail Banking Out from under regulatory orders, The Bancorp finds itself 'at the right time in the right place' News Team Tuesday, December 01, 2020 12:00 am http://ambankers.net/article/47801/out-from-under-regulatory-orders-the-bancorp-finds-itself-amp039at-the-right-time-in-the-right-placeamp039 The Bancorp CEO Damian Kozlowski said the order was quite broad in its application. Retail Banking Brazil Central Bank Launches 'PIX' Instant Payments System News Aggregation Team Tuesday, November 17, 2020 12:00 am http://ambankers.net/article/47651/brazil-central-bank-launches-amp039pixamp039-instant-payments-system As the central bank sets low prices for money transfers and payments via Pix, the regulator believes competition will increase. Retail Banking Honduran Citi executive nominated for No. 2 job at Latin American bank News Aggregation Team Thursday, October 22, 2020 1:00 am http://ambankers.net/article/47378/honduran-citi-executive-nominated-for-no-2-job-at-latin-american-bank A spokesman for the Bank declined to comment. Retail Banking Dealing with the effects of climate change through climate adaptation News Team Monday, January 25, 2021 12:00 am http://ambankers.net/article/48353/dealing-with-the-effects-of-climate-change-through-climate-adaptation EBRD joins call for more reporting of climate risk ESG Energy Transition Investment hit $500 Billion in 2020 – For First Time News Team Tuesday, January 19, 2021 12:00 am http://ambankers.net/article/48294/energy-transition-investment-hit-500-billion-in-2020-ampndash-for-first-time The world invested unprecedented amounts in low-carbon assets last year, from renewables to cleaner transport, energy storage to electric heat ESG Fidelity ESGenius: Democratic sweep could transform ESG regulation in the US News Team Monday, January 18, 2021 12:00 am http://ambankers.net/article/48287/fidelity-esgenius-democratic-sweep-could-transform-esg-regulation-in-the-us Current US regulation assumes that improving the sustainable characteristics of a company or portfolio means sacrificing risk-adjusted returns. ESG BNEF: Sustainable Debt Breaks Annual Record Despite Covid-19 Challenges News Team Tuesday, January 12, 2021 12:00 am http://ambankers.net/article/48209/bnef-sustainable-debt-breaks-annual-record-despite-covid-19-challenges Total sustainable debt issuance in 2020 was $732 billion, with social and sustainability bonds enjoying spectacular growth, and green bonds seeing a late-year surge ESG BMO Global Asset Management Launches MyESG™ to Help Align Investments and Beliefs News Team Monday, January 11, 2021 12:00 am http://ambankers.net/article/48203/bmo-global-asset-management-launches-myesgamptrade-to-help-align-investments-and-beliefs There is opportunity for advisors to further educate investors on how their beliefs are investable ESG SEI Enhances Global Investment Stewardship Strategy News Team Thursday, January 07, 2021 12:00 am http://ambankers.net/article/48165/sei-enhances-global-investment-stewardship-strategy With Focus on Climate Change, SEI Joins Climate Action 100+ ESG It’s Easy Being Green With These Two Clean Energy ETFs News Aggregation Team Thursday, January 07, 2021 12:00 am http://ambankers.net/article/48169/itamprsquos-easy-being-green-with-these-two-clean-energy-etfs TAN, which started back in 2008, seeks to track the investment results of the MAC Global Solar Energy Index, which is designed to provide exposure to companies listed on exchanges in developed markets. ESG Eight Must Reads for the CRE Industry Today (Dec. 28, 2020) News Aggregation Team Tuesday, December 29, 2020 12:00 am http://ambankers.net/article/48044/eight-must-reads-for-the-cre-industry-today-dec-28-2020 These are among today’s must reads from around the commercial real estate industry. ESG Are Large Institutional Investors Actually Effective in Getting Companies to Reduce Their CO2 Emissions? News Aggregation Team Thursday, December 24, 2020 12:00 am http://ambankers.net/article/48024/are-large-institutional-investors-actually-effective-in-getting-companies-to-reduce-their-co2-emissions The higher the ownership by the Big Three in a company, the authors find, the greater the reduction of its carbon emissions. ESG After Attracting a Record $32 Billion from Abroad in 2019, Clean Energy in Emerging Markets Endures a Rough 2020 News Team Wednesday, December 09, 2020 12:00 am http://ambankers.net/article/47888/after-attracting-a-record-32-billion-from-abroad-in-2019-clean-energy-in-emerging-markets-endures-a-rough-2020 BloombergNEF’s annual Climatescope survey illustrates investors’ pre-pandemic appetite for clean energy in developing markets; Chile finishes atop the market ranking ESG 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 Ten Ways Covid-19 Has Changed the World Economy Forever News Aggregation Team Wednesday, December 30, 2020 12:00 am http://ambankers.net/article/48068/ten-ways-covid-19-has-changed-the-world-economy-forever Big government staged a comeback as the social contract between society and the state got rewritten on the fly. Covid-19 New Covid relief bill boosts tax breaks for charitable giving in 2021 News Aggregation Team Sunday, December 27, 2020 12:00 am http://ambankers.net/article/48031/new-covid-relief-bill-boosts-tax-breaks-for-charitable-giving-in-2021 The CARES Act, which was passed in the spring, established an above-the-line deduction, allowing a write-off of up to $300 in cash donations to charity this year. Covid-19 Deutsche Bank sees Wall St trading surge after vaccine news News Aggregation Team Thursday, November 12, 2020 12:00 am http://ambankers.net/article/47596/deutsche-bank-sees-wall-st-trading-surge-after-vaccine-news Revenue from fixed income trading – a traditional strength of the firm – jumped 47% last quarter, beating all but one of the large Wall Street peers. Covid-19 The Digital Nomads Did Not Prepare for This News Aggregation Team Monday, November 09, 2020 12:00 am http://ambankers.net/article/47557/the-digital-nomads-did-not-prepare-for-this They moved to exotic locales to work through the pandemic in style. But now tax trouble, breakups and Covid guilt are setting in. Covid-19 The Dynamic Duo: Cyber-security and Due Diligence during the COVID-19 Pandemic News Team Sunday, November 08, 2020 12:00 am http://ambankers.net/article/47549/the-dynamic-duo-cyber-security-and-due-diligence-during-the-covid-19-pandemic Of particular importance is how information is communicated during the life of a transaction. Covid-19 COVID-19 Fuels Uncertainty about U.S. Retirement, Wells Fargo Survey Finds News Team Thursday, October 22, 2020 1:00 am http://ambankers.net/article/47383/covid-19-fuels-uncertainty-about-us-retirement-wells-fargo-survey-finds Pandemic highlights the important role Social Security and Medicare will play in American retirement Covid-19 Canadians adjust to the pandemic's impact on their homes and lives News Team Thursday, October 22, 2020 1:00 am http://ambankers.net/article/47387/canadians-adjust-to-the-pandemicamp039s-impact-on-their-homes-and-lives Despite challenges brought on by COVID-19, Canadians moving forward with relationships and renos, TD survey shows Covid-19 8 Ways COVID Will Transform the Economy and Disrupt Every Business News Team Monday, September 28, 2020 1:00 am http://ambankers.net/article/47111/8-ways-covid-will-transform-the-economy-and-disrupt-every-business As history likes to remind us, with unprecedented times come unprecedented opportunities. Covid-19