Managers of Wealth - Americas http://ambankers.net/ Wed, 30 Nov 2022 11:13:14 GMT part of MediaG8way Group http://ambankers.net/ http://ambankers.net/assets/images/logo.png Managers of Wealth - Americas KohanaPHP Strategic Estate Planning for UHNW Individuals News Aggregation Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55807/strategic-estate-planning-for-uhnw-individuals Individuals with a net worth over $5 million are now more at risk than they have been in decades. Wealth and Asset Management Safra New York Corporation To Acquire Delta National Bank and Trust News Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55809/safra-new-york-corporation-to-acquire-delta-national-bank-and-trust Delta provides private banking and wealth management services to high net-worth clients through its offices in New York and Miami. Wealth and Asset Management Prospera Financial Services Recruits Twin River Wealth Management News Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55813/prospera-financial-services-recruits-twin-river-wealth-management Managing Director Thayer Potter Brings 34 Years of Experience Along with a Commitment to Helping Clients Build, Manage, Protect and Transition Their Wealth Wealth and Asset Management Perigon Wealth Management Acquires $330 Million Nauset Wealth Management in Connecticut News Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55814/perigon-wealth-management-acquires-330-million-nauset-wealth-management-in-connecticut Tue, November 29, 2022 at 7:00 PM·3 min read Firm Also Welcomes Veteran Advisor Tom Tolleson to New Atlanta Office as Perigon Continues to Expand in the Southeast Wealth and Asset Management North America's family offices saw their wealth rise in 2021 News Aggregation Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55796/north-americaamp039s-family-offices-saw-their-wealth-rise-in-2021 Pandemic and other challenges didn't dent industry's wealth-building efforts Wealth and Asset Management Credit unions up their game in wealth management News Aggregation Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55797/credit-unions-up-their-game-in-wealth-management The state of play of advisory, investment services from co-operatives, credit unions Wealth and Asset Management Why CI Financial's CEO is staying the course, despite recent headwinds News Aggregation Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55798/why-ci-financialamp039s-ceo-is-staying-the-course-despite-recent-headwinds Despite recent negative press, CEO is convinced his three-part strategy is working and sees a bright future Wealth and Asset Management Putting The Elite In Elite Wealth Management News Aggregation Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55802/putting-the-elite-in-elite-wealth-management An often inconvenient truth of the wealth management industry is that ALL financial services and products are commodities. Wealth and Asset Management Bank of America Private Bank, Merrill bulk up on ESG execs News Aggregation Team Friday, November 25, 2022 12:00 am http://ambankers.net/article/55788/bank-of-america-private-bank-merrill-bulk-up-on-esg-execs Last week, the bank announced that it had created and filled a role focused on developing new ESG-themed products and encouraging advisors to apply ESG strategies in their practice. Wealth and Asset Management Jupiter Asset Management Extends Relationship with SS&C News Team Thursday, November 24, 2022 12:00 am http://ambankers.net/article/55780/jupiter-asset-management-extends-relationship-with-ssampampc SS&C Global Investor and Distribution Solutions (GIDS) will provide transfer agency services for a GBP28 billion portfolio Wealth and Asset Management REAL Messenger Welcomes New Chief Data Officer Kamal Shaik News Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55810/real-messenger-welcomes-new-chief-data-officer-kamal-shaik Former director of data products and programs at Meta offers data science and artificial intelligence expertise to REAL’s team to enhance the social app experience People Moves Chubb Appoints Lyndsey Christofer Real Estate & Hospitality Industry Practice Leader News Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55819/chubb-appoints-lyndsey-christofer-real-estate-ampamp-hospitality-industry-practice-leader In her new role, she will also oversee Chubb's primary casualty line of business for large account REH clients, which include building owners, property managers, global real estate firms and investors, REITS and hotel owners, operators and brands. People Moves Apollo Names Shawn T. Wooden Chief Public Pension Strategist and Partner News Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55820/apollo-names-shawn-t-wooden-chief-public-pension-strategist-and-partner He spent 21 years as an investment attorney with a focus on public pension plans. People Moves Sompo appoints new head of North America Region claims News Aggregation Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55805/sompo-appoints-new-head-of-north-america-region-claims Bronstein will report to Chris Sparro, chief executive officer of Sompo International, North America. People Moves Pleo appoints former Monzo executive Meri Williams as new CTO News Team Friday, November 25, 2022 12:00 am http://ambankers.net/article/55789/pleo-appoints-former-monzo-executive-meri-williams-as-new-cto Williams’ appointment follows that of Abigail Slater who joined from American Express to become Pleo’s new head of operations in the UK&I in October. People Moves Grant Thornton announces five additions to senior leadership team News Aggregation Team Friday, November 25, 2022 12:00 am http://ambankers.net/article/55792/grant-thornton-announces-five-additions-to-senior-leadership-team Grant Thornton US, the seventh-largest accounting and consulting firm in the country, has elevated five people to its senior leadership team. People Moves Camden National adds two senior advisors to wealth management team News Aggregation Team Tuesday, November 22, 2022 12:00 am http://ambankers.net/article/55759/camden-national-adds-two-senior-advisors-to-wealth-management-team Rachael Billings is a certified trust and fiduciary advisor who was employed by Bangor Savings Bank as a wealth relationship manager. People Moves New bosses at Morgan Stanley Wealth Management News Aggregation Team Tuesday, November 22, 2022 12:00 am http://ambankers.net/article/55762/new-bosses-at-morgan-stanley-wealth-management The role’s gone to Mattew Nicholls and Rebecca Hill, who have been with the bank for 15 years and 5 years respectively. People Moves Avidian Wealth Solutions Welcomes Highly Credentialed Wealth Manager, Jared Kenney Share Article News Team Tuesday, November 22, 2022 12:00 am http://ambankers.net/article/55765/avidian-wealth-solutions-welcomes-highly-credentialed-wealth-manager-jared-kenney-share-article Kenney joins the team at Avidian Wealth Solutions with more than 16 years of financial services experience People Moves Harbourfront Wealth welcomes SVP of Corporate Development News Aggregation Team Tuesday, November 22, 2022 12:00 am http://ambankers.net/article/55768/harbourfront-wealth-welcomes-svp-of-corporate-development Coby Bucci, one of Canada's early ESG analysts, tapped to improve advisor-business experience and procedures for ethical investment People Moves JPMorgan: Push to Regulate Crypto to Accelerate After FTX’s Collapse News Aggregation Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55815/jpmorgan-push-to-regulate-crypto-to-accelerate-after-ftxamprsquos-collapse Crypto derivatives trading is likely to shift to regulated venues, and the Chicago Mercantile Exchange is expected to emerge as a winner, the bank said. Legal, Regulation & Compliance How can UK or US courts protect your business from a ransomware or cyber-attack? News Team Friday, November 25, 2022 12:00 am http://ambankers.net/article/55790/how-can-uk-or-us-courts-protect-your-business-from-a-ransomware-or-cyber-attack Anonymity was granted not only because the business was a victim of blackmail but because of the risk posed by the malicious use that its information could be put to in the wrong hands. Legal, Regulation & Compliance Clifford Chance advises Rabobank as major shareholder in Banco Regional on the merger of Sudameris and Banco Regional News Team Friday, November 25, 2022 12:00 am http://ambankers.net/article/55791/clifford-chance-advises-rabobank-as-major-shareholder-in-banco-regional-on-the-merger-of-sudameris-and-banco-regional The transaction is subject to regulatory approval and other conditions to closing. Legal, Regulation & Compliance JPMorgan, Deutsche Bank Sued by Epstein Accusers in New York News Aggregation Team Thursday, November 24, 2022 12:00 am http://ambankers.net/article/55784/jpmorgan-deutsche-bank-sued-by-epstein-accusers-in-new-york Class action style lawsuit accuses banks of enabling Epstein Legal, Regulation & Compliance Goldman Sachs to Pay $4 Million SEC Penalty in ESG Fund Case News Aggregation Team Wednesday, November 23, 2022 12:00 am http://ambankers.net/article/55771/goldman-sachs-to-pay-4-million-sec-penalty-in-esg-fund-case Asset management unit didn’t follow policies, procedures: SEC Legal, Regulation & Compliance European regulator drafts guidelines for ESG fund names News Aggregation Team Tuesday, November 22, 2022 12:00 am http://ambankers.net/article/55763/european-regulator-drafts-guidelines-for-esg-fund-names The regulator is particularly focused on whether it makes sense to have quantitative thresholds for the minimum proportion of investments needed to support a fund with ESG or sustainability in its name. Legal, Regulation & Compliance Chubb Receives Regulatory Approval to Increase its Huatai Stake to 83.2% News Team Friday, November 18, 2022 12:00 am http://ambankers.net/article/55738/chubb-receives-regulatory-approval-to-increase-its-huatai-stake-to-832 The company expects the transaction to close early in the first quarter of 2023 and will provide additional information in the near future. Legal, Regulation & Compliance Former Morgan Stanley CEO on Swiss banks: Secrecy is 'their nature' News Team Tuesday, November 15, 2022 12:00 am http://ambankers.net/article/55688/former-morgan-stanley-ceo-on-swiss-banks-secrecy-is-amp039their-natureamp039 It also promised to reveal any hidden bank accounts. Legal, Regulation & Compliance Roger Ng Sues Ex-Boss Tim Leissner for Alleged Fraud News Aggregation Team Monday, November 14, 2022 12:00 am http://ambankers.net/article/55682/roger-ng-sues-ex-boss-tim-leissner-for-alleged-fraud The complaint also highlighted the predicament that Ng faced as he was deprived of funds to defend himself in the 1MDB case, which was allegedly stolen by Lessiner to cover his own defense costs in a related case. Legal, Regulation & Compliance AIG Announces Five-Year Employment Agreement with Peter Zaffino News Team Friday, November 11, 2022 12:00 am http://ambankers.net/article/55669/aig-announces-five-year-employment-agreement-with-peter-zaffino I look forward to continuing to build on our significant momentum on our journey to become a top performing company and market leader in everything we do. Legal, Regulation & Compliance Centralized Crypto Exchanges Will Remain Dominant Despite FTX Collapse: JPMorgan News Aggregation Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55799/centralized-crypto-exchanges-will-remain-dominant-despite-ftx-collapse-jpmorgan DeFi protocols rely heavily on centralized exchanges to be able to function and it would likely take a long time until price discovery shifts from centralized to decentralized exchanges, the bank's analysts said. FinTech Binance.US to Bid for Crypto Lender Voyager, CZ Confirms News Aggregation Team Friday, November 25, 2022 12:00 am http://ambankers.net/article/55794/binanceus-to-bid-for-crypto-lender-voyager-cz-confirms CoinDesk reported last week that Binance.US would be preparing a bid for the bankrupt lending platform. FinTech Delio Roundtable: Launching a first-time fund News Team Thursday, November 24, 2022 12:00 am http://ambankers.net/article/55782/delio-roundtable-launching-a-first-time-fund There are many reasons why you may look to launch a first-time fund. FinTech SEI Selects Canoe Intelligence to Power Alternative Investment Data Management News Team Tuesday, November 22, 2022 12:00 am http://ambankers.net/article/55758/sei-selects-canoe-intelligence-to-power-alternative-investment-data-management SEI Family Office Services and Canoe Intelligence Strengthen Long-standing Relationship with Enhanced Document and Data Management Technology for Alternative Investments FinTech Private equity – private debt sector embraces self-serve technology News Team Monday, November 21, 2022 12:00 am http://ambankers.net/article/55745/private-equity-ampndash-private-debt-sector-embraces-self-serve-technology Around 10% expect a dramatic increase in the adoption of self-service technology FinTech AB Capital Group Chooses Innovative SS&C Platform to Propel Business News Team Monday, November 21, 2022 12:00 am http://ambankers.net/article/55746/ab-capital-group-chooses-innovative-ssampampc-platform-to-propel-business Philippines-based financial services provider selects SS&C Aloha to power new wealth business FinTech SS&C GlobeOp Hedge Fund Performance Index: October performance -0.96% Capital Movement Index: November net flows advance 0.13% News Team Monday, November 21, 2022 12:00 am http://ambankers.net/article/55747/ssampampc-globeop-hedge-fund-performance-index-october-performance-096-capital-movement-index-november-net-flows-advance-013 he last two months of the year are historically strong seasonally, and this month's stabilization could be a positive sign for short-term flows. FinTech Hedge fund manager Bill Ackman remains optimistic about cryptocurrencies despite FTX collapse News Aggregation Team Monday, November 21, 2022 12:00 am http://ambankers.net/article/55749/hedge-fund-manager-bill-ackman-remains-optimistic-about-cryptocurrencies-despite-ftx-collapse According to Cointelegraph, the CEO and founder of hedge fund management firm Pershing Square Capital Management stated about believing that “crypto is here to stay” FinTech BMO opens access to ERPs for business clients News Team Monday, November 21, 2022 12:00 am http://ambankers.net/article/55750/bmo-opens-access-to-erps-for-business-clients This partnership represents BMO's continued investment in leveraging the power of Open Banking to tailor their services to fit the varying needs of its Commercial Banking clients: FinTech BMO Investments Inc. Launches New Funds with ETF Series Managed by ARK Investment Management LLC News Team Friday, November 18, 2022 12:00 am http://ambankers.net/article/55740/bmo-investments-inc-launches-new-funds-with-etf-series-managed-by-ark-investment-management-llc New BMO Funds with ETF Series to build out portfolio growth sleeves FinTech Alternative investments manager Ballast Rock joins RIA game News Aggregation Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55811/alternative-investments-manager-ballast-rock-joins-ria-game Ballast Rock Private Wealth will operate independently of Ballast Rock Asset Management, but both firms focus on offering alts to wealthy investors. Alternative Investments LGT Capital Partners opens San Francisco office News Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55812/lgt-capital-partners-opens-san-francisco-office Through its new presence in California, LGT Capital Partners is expanding its North American investment coverage and global client service. Alternative Investments ICBC projected to lose $298 million News Aggregation Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55818/icbc-projected-to-lose-298-million The implementation of the no-fault regime was meant to help stabilize ICBC’s financial situation, noted Sutherland, pointing to how the model enabled ICBC to spend 30% less on what it provides to accident victims. Alternative Investments Scotia Global Asset Management announces estimated year-end reinvested distributions for Scotia ETFs News Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55800/scotia-global-asset-management-announces-estimated-year-end-reinvested-distributions-for-scotia-etfs These are estimates only and have been calculated based upon forward-looking information, so the actual distributions may differ materially from these estimates. Alternative Investments State Street Corporation – Consensus Indicates Potential 3.0% Upside News Aggregation Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55801/state-street-corporation-ampndash-consensus-indicates-potential-30-upside State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. Alternative Investments Arthur J. Gallagher & Co. Acquires Bulen & Associates Insurance Services, Inc. News Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55804/arthur-j-gallagher-ampamp-co-acquires-bulen-ampamp-associates-insurance-services-inc Bulen & Associates is a retail property/casualty insurance agency serving commercial clients and individuals in southern California. Alternative Investments Regions Bank Launches Multi-Assets Solutions Group News Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55806/regions-bank-launches-multi-assets-solutions-group United team further differentiates Regions’ investment professionals through macroeconomic and market research, investment strategy, and more. Alternative Investments Avisa Partners Acquires Top Intelligence Firm to Bring Comprehensive Global Investigations Offering to Clients News Team Thursday, November 24, 2022 12:00 am http://ambankers.net/article/55785/avisa-partners-acquires-top-intelligence-firm-to-bring-comprehensive-global-investigations-offering-to-clients Acquisition of Forward Risk latest example of Avisa Partners’ High-Growth Expansion Strategy Alternative Investments CI Global Asset Management Launches CI Global Investment Grade Fund News Team Wednesday, November 23, 2022 12:00 am http://ambankers.net/article/55773/ci-global-asset-management-launches-ci-global-investment-grade-fund Fund provides access to the award-winning expertise of a leading fixed-income investment team Alternative Investments Davidson Investment Advisors to Acquire Caprin Asset Management News Team Wednesday, November 23, 2022 12:00 am http://ambankers.net/article/55774/davidson-investment-advisors-to-acquire-caprin-asset-management Caprin specializes in municipal and taxable fixed income investments, and manages approximately $1.3 billion in client assets. Alternative Investments Excalibur Investment Banking Advises Long Point Capital on its Partnership with Allnorth News Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55817/excalibur-investment-banking-advises-long-point-capital-on-its-partnership-with-allnorth This is the foundation for our dynamic domestic and global operations Investment Banking Citi Statement on 2021 Resolution Plan News Team Friday, November 25, 2022 12:00 am http://ambankers.net/article/55793/citi-statement-on-2021-resolution-plan The result of these efforts will be more streamlined systems that improve the quality of our data as well as the speed with which it can be accessed. Investment Banking JPMorgan Chase is undeterred by political shifts in Latin America - report News Aggregation Team Thursday, November 24, 2022 12:00 am http://ambankers.net/article/55786/jpmorgan-chase-is-undeterred-by-political-shifts-in-latin-america-report For instance, Mexico, stands to benefit from nearshoring trends. Investment Banking MVB Bank Named One of American Banker’s 2022 Best Banks to Work For News Team Thursday, November 24, 2022 12:00 am http://ambankers.net/article/55787/mvb-bank-named-one-of-american-bankeramprsquos-2022-best-banks-to-work-for Purpose and Values Driven Culture Recognized Nationally Investment Banking CIBC Mellon Wins Client Service for Custody Award at Asset Servicing Times Industry Excellence Awards 2022 News Team Friday, November 18, 2022 12:00 am http://ambankers.net/article/55741/cibc-mellon-wins-client-service-for-custody-award-at-asset-servicing-times-industry-excellence-awards-2022 The company was also shortlisted for "Americas Fund Administrator," and "Single Market Custodian." Investment Banking Jefferies Poaches Restructuring Pair From Rothschild, Lazard News Aggregation Team Wednesday, November 09, 2022 12:00 am http://ambankers.net/article/55627/jefferies-poaches-restructuring-pair-from-rothschild-lazard Jefferies is building up its restructuring business in the EMEA region as companies are expected to face rising interest rates and economic slowdowns. Investment Banking Bank of America’s IT hiring activity declines 6.7% in October 2022 News Aggregation Team Wednesday, November 09, 2022 12:00 am http://ambankers.net/article/55628/bank-of-americaamprsquos-it-hiring-activity-declines-67-in-october-2022 The company’s overall hiring activity declined by 16.36% in October 2022 when compared with September 2022. Investment Banking Public banks should phase out fossil fuel finance more aggressively – AIIB News Team Tuesday, November 08, 2022 12:00 am http://ambankers.net/article/55620/public-banks-should-phase-out-fossil-fuel-finance-more-aggressively-ampndash-aiib Policy reform will also be an important part in making public banks step up green finance. Investment Banking JPMorgan’s investment bank boss: Deal slump is a chance to find senior talent News Aggregation Team Tuesday, November 08, 2022 12:00 am http://ambankers.net/article/55624/jpmorganamprsquos-investment-bank-boss-deal-slump-is-a-chance-to-find-senior-talent Rivals are cutting back, but Vis Raghavan says there's a Investment Banking JPMorgan and Goldman Sachs in battle for British customer deposits News Aggregation Team Monday, November 07, 2022 12:00 am http://ambankers.net/article/55602/jpmorgan-and-goldman-sachs-in-battle-for-british-customer-deposits UK high street banks are fighting back against the Wall Street giants Investment Banking JPMorgan Leads in Wealth Management Digital Experience: Survey News Aggregation Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55808/jpmorgan-leads-in-wealth-management-digital-experience-survey A J.D. Power survey of wealth management customers also found that advised investors have greater overall satisfaction with their firm’s website and app than self-directed investors do. Comment, Analysis & Research Layoffs Create Pitfalls for Finance Executives Looking to Cut Costs News Aggregation Team Tuesday, November 29, 2022 12:00 am http://ambankers.net/article/55816/layoffs-create-pitfalls-for-finance-executives-looking-to-cut-costs Companies are shedding jobs to reduce costs amid high inflation and rising interest rates, but they run the risk of violating labor laws Comment, Analysis & Research Rising Inventory Will Be the Housing Market’s Next Problem News Aggregation Team Monday, November 28, 2022 12:00 am http://ambankers.net/article/55803/rising-inventory-will-be-the-housing-marketamprsquos-next-problem All told, the early 2023 inventory spike looks unavoidable, and the real question is where mortgage rates will be when the listings hit the market. Comment, Analysis & Research Credit Suisse Group AG executes capital increase by way of share placement and announces the final terms of the rights offering News Team Friday, November 25, 2022 12:00 am http://ambankers.net/article/55795/credit-suisse-group-ag-executes-capital-increase-by-way-of-share-placement-and-announces-the-final-terms-of-the-rights-offering This announcement is not an offer of securities for sale in the United States. Comment, Analysis & Research You Can Grow HSA Money For Retirement, Too, RBC Wealth Says News Team Wednesday, November 23, 2022 12:00 am http://ambankers.net/article/55769/you-can-grow-hsa-money-for-retirement-too-rbc-wealth-says Advisors need to help them build their HSAs into their wealth planning and retirement planning Comment, Analysis & Research Wealth Management Apps Essential to Attracting and Retaining Younger Investors, J.D. Power Finds News Team Wednesday, November 23, 2022 12:00 am http://ambankers.net/article/55777/wealth-management-apps-essential-to-attracting-and-retaining-younger-investors-jd-power-finds The mobile app really is becoming the center of the modern wealth management client user experience, and that’s true not just for do-it-yourself investors but also for those who work with a financial advisor. Comment, Analysis & Research AM Best Comments on Credit Ratings of Nassau Financial Group, L.P.’s Insurance Subsidiaries Following Announcement of Delaware Life Insurance Company of New York Acquisition News Team Tuesday, November 22, 2022 12:00 am http://ambankers.net/article/55766/am-best-comments-on-credit-ratings-of-nassau-financial-group-lpamprsquos-insurance-subsidiaries-following-announcement-of-delaware-life-insurance-company-of-new-york-acquisition This transaction follows several others made by Nassau over the previous couple of years and is in line with their current growth strategy of acquiring small to midsized life/annuity blocks of business, while continuing to grow annuity sales. Comment, Analysis & Research 15 Biggest Banks In The World News Aggregation Team Monday, November 21, 2022 12:00 am http://ambankers.net/article/55752/15-biggest-banks-in-the-world In recent years, State Street Corporation has been expanding its reach beyond traditional financial services. Comment, Analysis & Research Majority of Canadians believe more education is needed on financial fraud & cybersecurity awareness, according to Scotiabank Fraud Awareness Poll News Team Monday, November 21, 2022 12:00 am http://ambankers.net/article/55754/majority-of-canadians-believe-more-education-is-needed-on-financial-fraud-ampamp-cybersecurity-awareness-according-to-scotiabank-fraud-awareness-poll Scotiabank becomes first Canadian bank to offer interactive fraud simulations to help customers identify cybercrime Comment, Analysis & Research ‘Stagflation’ now the consensus view, says Bank of America survey News Aggregation Team Friday, November 18, 2022 12:00 am http://ambankers.net/article/55742/amplsquostagflationamprsquo-now-the-consensus-view-says-bank-of-america-survey The regular survey paints a gloomy economic picture for 2023: a net 73 percent of respondents expect the global economy to weaken in the next 12 months, while a net 77 percent say a recession is likely, the highest level since April 2020. Comment, Analysis & Research 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 Puerto Rico suspends operations of bank amid global probe News Aggregation Team Friday, July 01, 2022 1:00 am http://ambankers.net/article/54430/puerto-rico-suspends-operations-of-bank-amid-global-probe Authorities have announced a suspension of the operations of Puerto Rico-based Euro Pacific International Bank, which officials previously said was under suspicion of facilitating money laundering and offshore tax evasion Tax Accounting platform Autobooks bags $50m in Series C round News Aggregation Team Wednesday, June 22, 2022 1:00 am http://ambankers.net/article/54344/accounting-platform-autobooks-bags-50m-in-series-c-round Among its partners are established software vendors such as Alkami, Bottomline and FIS. Tax Approximately 1 in 4 American Expats Consider Giving Up Citizenship Mainly Due to Taxation: Survey News Aggregation Team Monday, June 20, 2022 1:00 am http://ambankers.net/article/54314/approximately-1-in-4-american-expats-consider-giving-up-citizenship-mainly-due-to-taxation-survey Around a third of the respondents said they would never consider abandoning their U.S. citizenship. Tax Significant audit and corporate governance reform on the horizon News Team Wednesday, June 08, 2022 1:00 am http://ambankers.net/article/54203/significant-audit-and-corporate-governance-reform-on-the-horizon The package of proposals are of particular importance to very large businesses, their directors, investors and auditors. Tax GeoWealth Enhances its Enterprise Technology Platform by Integrating 55ip’s Tax-Smart Portfolio Implementation Capabilities News Team Friday, June 03, 2022 1:00 am http://ambankers.net/article/54175/geowealth-enhances-its-enterprise-technology-platform-by-integrating-55ipamprsquos-tax-smart-portfolio-implementation-capabilities Ongoing tax-loss harvesting and tax management capabilities are critical to advisors seeking to grow their business Tax Expanding Financial Inclusion: Regions Bank Announces ATM Agreement with Community Development Financial Institutions News Team Friday, November 11, 2022 12:00 am http://ambankers.net/article/55671/expanding-financial-inclusion-regions-bank-announces-atm-agreement-with-community-development-financial-institutions Customers of seven CDFIs in Regions’ footprint will gain access to the bank’s ATM network free of charge. Retail Banking F.N.B. Corporation Announces Updates to Overdraft Practices News Team Wednesday, November 09, 2022 12:00 am http://ambankers.net/article/55634/fnb-corporation-announces-updates-to-overdraft-practices Multiple Fee Reductions and New Products and Services Add to Continued Investment in FNB's Customer-Friendly Banking Experience Retail Banking HSBC's Canada unit loses National Bank, CIBC as bidders, Global and Mail reports News Aggregation Team Tuesday, November 01, 2022 12:00 am http://ambankers.net/article/55547/hsbcamp039s-canada-unit-loses-national-bank-cibc-as-bidders-global-and-mail-reports HSBC Bank Canada includes four divisions covering HSBC's commercial banking, personal banking, investment banking and markets services business in the country. Retail Banking Republic Bank Expands its Cincinnati Footprint with the Acquisition of CBank News Team Friday, October 28, 2022 1:00 am http://ambankers.net/article/55520/republic-bank-expands-its-cincinnati-footprint-with-the-acquisition-of-cbank With the completion of the merger, Dean Meiszer will consult Republic Bank on merger integration, customer relations, incremental product roll outs and business development. Retail Banking Sending Payments in Real Time: Regions Bank Launches Digital Solution for Business Clients News Team Tuesday, October 11, 2022 1:00 am http://ambankers.net/article/55351/sending-payments-in-real-time-regions-bank-launches-digital-solution-for-business-clients Real-time payments broaden the efficiency and innovation of digital payment solutions. Retail Banking Western Alliance Ranks #1 Among Banks Above $50B by American Banker News Team Friday, September 30, 2022 1:00 am http://ambankers.net/article/55236/western-alliance-ranks-1-among-banks-above-50b-by-american-banker The rankings in American Banker were determined based on an analysis by Capital Performance Group, ranking 39 large and regional banks by their three-year return on average equity, starting in 2019. Retail Banking First National Bank Named a Pittsburgh Area Top Workplace for 12 Consecutive Years News Team Tuesday, September 27, 2022 1:00 am http://ambankers.net/article/55206/first-national-bank-named-a-pittsburgh-area-top-workplace-for-12-consecutive-years Top Workplaces are determined solely by employee feedback and are compiled by Energage, a leading research firm that specializes in organizational health and workplace improvement. Retail Banking Introducing RBC ION Visa and RBC ION+ Visa: New everyday credit cards accelerate earning power for Canadians News Team Monday, September 26, 2022 1:00 am http://ambankers.net/article/55190/introducing-rbc-ion-visa-and-rbc-ion-visa-new-everyday-credit-cards-accelerate-earning-power-for-canadians No annual fee and low annual fee cards offer up to 3x Avion points on purchases across popular everyday spending categories Retail Banking HSBC CFO says bank may ‘materially’ raise staff pay in 2023 News Aggregation Team Wednesday, September 14, 2022 1:00 am http://ambankers.net/article/55100/hsbc-cfo-says-bank-may-amplsquomateriallyamprsquo-raise-staff-pay-in-2023 While the bank aims to limit cost growth to no more than 2 per cent, he said it was facing a 6 per cent to 7 per cent rise in underlying costs. Retail Banking Regions Bank Launches Early Pay and the Regions Protection Line of Credit News Team Tuesday, September 13, 2022 1:00 am http://ambankers.net/article/55085/regions-bank-launches-early-pay-and-the-regions-protection-line-of-credit Customers get new tools to improve their daily cash flow. Retail Banking Consorcio Energetico Punta Cana Macao to secure a Green Loan from Bank of America and a Multilateral Development Bank to Advance its Ambition to Achieve Net Zero by 2030 News Team Tuesday, November 08, 2022 12:00 am http://ambankers.net/article/55614/consorcio-energetico-punta-cana-macao-to-secure-a-green-loan-from-bank-of-america-and-a-multilateral-development-bank-to-advance-its-ambition-to-achieve-net-zero-by-2030 InterEnergy’s collaboration with Bank of America and the multilateral will scale renewable energy and infrastructure solutions in Small Island Developing States in the Caribbean Planet SOS Brookfield Renewable to Issue C$400 Million of Green Bonds News Team Tuesday, November 08, 2022 12:00 am http://ambankers.net/article/55617/brookfield-renewable-to-issue-c400-million-of-green-bonds The Notes have been rated BBB+ by S&P Global Ratings, BBB (high) with a stable trend by DBRS Limited and BBB+ by Fitch Ratings. Planet SOS KKR to Invest $400 Million in Decarbonization Platform Serentica Renewables News Team Tuesday, November 08, 2022 12:00 am http://ambankers.net/article/55625/kkr-to-invest-400-million-in-decarbonization-platform-serentica-renewables Serentica looks to deliver round-the-clock clean energy solutions for large-scale, energy-intensive industrial customers. Planet SOS APAC investors look to China long term for ESG News Team Tuesday, November 08, 2022 12:00 am http://ambankers.net/article/55623/apac-investors-look-to-china-long-term-for-esg Respondents to JP Morgan Asset Management survey also bemoan lack of standardised data. Planet SOS Sustainable technology: Five key investing themes to watch News Team Tuesday, November 01, 2022 12:00 am http://ambankers.net/article/55542/sustainable-technology-five-key-investing-themes-to-watch The COVID-19 pandemic has accelerated the focus on SusTech, further highlighting the importance of technology when it comes to addressing sustainability challenges. Planet SOS Morningstar Announces Steps to Address Anti-Israel Bias Concerns in ESG Research News Team Tuesday, November 01, 2022 12:00 am http://ambankers.net/article/55553/morningstar-announces-steps-to-address-anti-israel-bias-concerns-in-esg-research Morningstar previously committed to adopt all the recommendations from an independent investigation into anti-Israel bias allegations. Planet SOS BNY Mellon IM | Research Shows $100 Trillion Investment Needed to Reach Net Zero by 2050 News Aggregation Team Wednesday, October 26, 2022 1:00 am http://ambankers.net/article/55478/bny-mellon-im-research-shows-100-trillion-investment-needed-to-reach-net-zero-by-2050 Although green investment is growing, the research highlights that more action will be required from governments, asset allocators and corporations to facilitate the transition to net zero. Planet SOS BlackRock Raises $4.5 Billion for Infrastructure Investments News Aggregation Team Tuesday, October 25, 2022 1:00 am http://ambankers.net/article/55463/blackrock-raises-45-billion-for-infrastructure-investments BlackRock is among the world’s largest investors in the energy industry Planet SOS Broadridge 2022 Sustainability Report Highlights Long-term Value News Team Wednesday, October 19, 2022 1:00 am http://ambankers.net/article/55422/broadridge-2022-sustainability-report-highlights-long-term-value The report highlights a year of strong progress in its ESG initiatives. Planet SOS 2021 sees record joint MDB climate finance News Team Monday, October 17, 2022 1:00 am http://ambankers.net/article/55390/2021-sees-record-joint-mdb-climate-finance The EBRD’s contribution to the 2021 figures included total climate finance of US$ 6.4 billion, a record high since joint MDB tracking began 11 years ago, with total climate co-finance at US$ 17.8 billion of which US$ 14 billion came from private sec 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