Managers of Wealth - Americas http://ambankers.net/ Mon, 15 Jul 2019 21:33:04 BST part of MediaG8way Group http://ambankers.net/ http://ambankers.net/assets/images/logo.png Managers of Wealth - Americas KohanaPHP BBVA among 2019 Best Banks for High-Net-Worth Families in the U.S. Mitzi Limlengco Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42242/bbva-among-2019-best-banks-for-high-net-worth-families-in-the-us Kiplinger evaluates and posts its special Best Banks listing once a year, based on data from Informa Financial Intelligence, including interest rates, fees, minimum-balance requirements, free perks and other features for a variety of deposit accounts. Wealth and Asset Management Warren Averett Asset Management Ranked as Top Financial Advisor Kris Borres Wednesday, July 10, 2019 1:00 am http://ambankers.net/article/42222/warren-averett-asset-management-ranked-as-top-financial-advisor This is the second consecutive year that Warren Averett Asset Management has been included in the list. Wealth and Asset Management Investor services group’s leisure business acquires VOTA to expand services in United States Ana Hall Wednesday, July 10, 2019 1:00 am http://ambankers.net/article/42227/investor-services-groupamprsquos-leisure-business-acquires-vota-to-expand-services-in-united-states FNTC and FNTC America Ltd are both wholly owned subsidiaries of IQ-EQ, a leading investor services group that supports fund managers, global companies, family offices and private clients operating worldwide. Wealth and Asset Management Carson Wealth Adds $566 Million RIA in Florida News Aggregation Team Wednesday, July 10, 2019 1:00 am http://ambankers.net/article/42233/carson-wealth-adds-566-million-ria-in-florida The companies didn’t disclose the financial terms of the deal. Wealth and Asset Management Global wealth continues to build beyond Europe Mitzi Limlengco Tuesday, July 09, 2019 1:00 am http://ambankers.net/article/42217/global-wealth-continues-to-build-beyond-europe The ultra-HNWI population declined by 4%, and their wealth declined by around 6%. Wealth and Asset Management Saranac Partners launches wealth management service for US persons Mitzi Limlengco Monday, July 08, 2019 1:00 am http://ambankers.net/article/42204/saranac-partners-launches-wealth-management-service-for-us-persons The private client advisory firm, focused on ultra-high net worth individuals and families, now offers a comprehensive wealth advisory, investment management, lending solution and tax reporting service to US persons and green card holders residing outside Wealth and Asset Management Peapack-Gladstone to buy wealth management firm Kris Borres Thursday, July 04, 2019 1:00 am http://ambankers.net/article/42184/peapack-gladstone-to-buy-wealth-management-firm The $4.7 billion-asset company said in a press release Wednesday that the deal, which should close in the third quarter, will be immediately accretive to its earnings Wealth and Asset Management Deutsche Bank in wealth management hiring spree News Aggregation Team Thursday, July 04, 2019 1:00 am http://ambankers.net/article/42190/deutsche-bank-in-wealth-management-hiring-spree The company plans to boost the worldwide ranks of its relationship and investment mangers in the wealth management division by about a third, or 300 more people, by 2021, under a plan by Fabrizio Campelli, global head of Deutsche Bank Wealth Management, R Wealth and Asset Management LPL Lures Billion-Dollar Practice from Raymond James News Aggregation Team Thursday, July 04, 2019 1:00 am http://ambankers.net/article/42193/lpl-lures-billion-dollar-practice-from-raymond-james The team previously managed $1.1 billion in brokerage, advisory and retirement plan assets at Raymond James Financial Services, the firm’s independent broker-dealer, LPL says. Wealth and Asset Management Family offices up their game News Aggregation Team Wednesday, July 03, 2019 1:00 am http://ambankers.net/article/42170/family-offices-up-their-game It is also estimated that there are about 5,300 single-family offices, of which three-quarters are in North America or Europe. In addition, there are many multifamily offices that service hundreds of wealthy families. Wealth and Asset Management Jefferies Appoints Jonathan Slone as Chairman of Asia Ana Hall Monday, July 15, 2019 1:00 am http://ambankers.net/article/42263/jefferies-appoints-jonathan-slone-as-chairman-of-asia The hiring of Jonathan represents a significant step in our continued expansion of our Asia footprint, including meaningful additions to our teams in Japan and Hong Kong, as well the addition of equities research, sales and trading in Australia People Moves Deutsche Bank hires group CIO Mitzi Limlengco Monday, July 15, 2019 1:00 am http://ambankers.net/article/42265/deutsche-bank-hires-group-cio He joins from AQR Capital People Moves Discount Bank names new CEO News Aggregation Team Monday, July 15, 2019 1:00 am http://ambankers.net/article/42270/discount-bank-names-new-ceo Levin, who currently manages Discount Bank of New York, will replace Lilach Asher-Topilsky. People Moves Chilton Trust Names Former JPMorgan Exec Its New CEO News Aggregation Team Monday, July 15, 2019 1:00 am http://ambankers.net/article/42275/chilton-trust-names-former-jpmorgan-exec-its-new-ceo Under Lickle, Chilton Trust has grown to manage $4.87 billion for 110 families, the company says. People Moves CNB Financial Hires Chief Financial Officer News Aggregation Team Monday, July 15, 2019 1:00 am http://ambankers.net/article/42276/cnb-financial-hires-chief-financial-officer Lima serves as the liaison for the corporation’s and bank’s external auditing firm in all accounting and tax matters. People Moves Jolen Anderson Joins BNY Mellon as Global Head of Human Resources Ana Hall Friday, July 12, 2019 1:00 am http://ambankers.net/article/42253/jolen-anderson-joins-bny-mellon-as-global-head-of-human-resources Her experience with developing a high-performance culture linked to business success will serve our organization well as we continue to grow and evolve our business People Moves Alexandre Tombini to join the BIS as Chief Representative for the Americas Andro Bautista Friday, July 12, 2019 1:00 am http://ambankers.net/article/42257/alexandre-tombini-to-join-the-bis-as-chief-representative-for-the-americas Alexandre Tombini will start in his new position as Chief Representative for the Americas on 1 September 2019 People Moves Another Morgan Stanley Manager in Florida Steps Down News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42234/another-morgan-stanley-manager-in-florida-steps-down Ortea’s LinkedIn profile says he managed the office for three years. People Moves Arizona Acquisition Adds New Market for EP Wealth Advisors News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42236/arizona-acquisition-adds-new-market-for-ep-wealth-advisors This is EP Wealth’s sixth acquisition since taking a minority investment from WPCG, a financial services holding company, in July 2017 People Moves Greystar appoints Managing Director of Portfolio Management News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42237/greystar-appoints-managing-director-of-portfolio-management Scelfo holds a BS in business finance from Cornell University as well as a Master of Finance from INSEAD Business School. People Moves Chambers High Net Worth Guide Recognizes Katten's Trusts and Estates Practice Kris Borres Monday, July 15, 2019 1:00 am http://ambankers.net/article/42262/chambers-high-net-worth-guide-recognizes-kattenamp039s-trusts-and-estates-practice Katten also was commended for the outstanding legal services it provides in Private Wealth Disputes in New York. Legal, Regulation & Compliance These recent data breaches generated huge fines, so here’s why your data processing agreements need to be watertight Mitzi Limlengco Monday, July 15, 2019 1:00 am http://ambankers.net/article/42264/these-recent-data-breaches-generated-huge-fines-so-hereamprsquos-why-your-data-processing-agreements-need-to-be-watertight The final amount of the fines may well be decreased in court. Legal, Regulation & Compliance House committee OKs multiemployer pension reform bill News Aggregation Team Monday, July 15, 2019 1:00 am http://ambankers.net/article/42266/house-committee-oks-multiemployer-pension-reform-bill Also known as the Butch Lewis Act, the bill would establish the Pension Rehabilitation Administration and a related trust fund within the Treasury Department Legal, Regulation & Compliance U.S. proposes barring big tech companies from offering financial services, digital currencies News Aggregation Team Monday, July 15, 2019 1:00 am http://ambankers.net/article/42268/us-proposes-barring-big-tech-companies-from-offering-financial-services-digital-currencies Even if it were to pass the full house, it would still have to pass the senate which would also likely be an uphill struggle. Legal, Regulation & Compliance Ex-BH Stockbroker Convicted in $200 Million Stock Manipulation Scheme News Aggregation Team Sunday, July 14, 2019 1:00 am http://ambankers.net/article/42260/ex-bh-stockbroker-convicted-in-200-million-stock-manipulation-scheme Prosecutors allege that Ficeto, Homm and the other co-conspirators “fraudulently manipulated the penny stocks to inflate and artificially prop up their prices to exaggerate the purported profitability of the Absolute Capital hedge funds. Legal, Regulation & Compliance Jeffrey Epstein: Paedophile financier offers private jet and mansion to avoid pre-trial jail News Aggregation Team Friday, July 12, 2019 1:00 am http://ambankers.net/article/42256/jeffrey-epstein-paedophile-financier-offers-private-jet-and-mansion-to-avoid-pre-trial-jail Prosecutors say 66-year-old is 'extraordinary' flight risk Legal, Regulation & Compliance DLA Piper advises IMF Bentham on new USD500 million fund Ana Hall Friday, July 12, 2019 1:00 am http://ambankers.net/article/42259/dla-piper-advises-imf-bentham-on-new-usd500-million-fund Fund 5 has been established as a Cayman Islands exempted limited partnership, with IMF Bentham and its related entities providing investment management and advisory services. Legal, Regulation & Compliance Societe Generale sued for $792 million by heirs of Cuban bank seized by Castro News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42243/societe-generale-sued-for-792-million-by-heirs-of-cuban-bank-seized-by-castro The lawsuit was filed eight months after Societe Generale agreed to pay $1.34 billion Legal, Regulation & Compliance Dynasty Financial Partners Adds Ethic’s ESG Offering to Its Turnkey Asset Management Platform Kris Borres Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42252/dynasty-financial-partners-adds-ethicamprsquos-esg-offering-to-its-turnkey-asset-management-platform Industry Pioneer Continues to Expand its Integrated Offerings for the Advisor Community Legal, Regulation & Compliance Wall Street watchdog to boost transparency about using 'cooperation' for penalty reductions News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42254/wall-street-watchdog-to-boost-transparency-about-using-amp039cooperationamp039-for-penalty-reductions The change, published in a regulatory notice, is the latest effort by a U.S. financial regulator to highlight cooperation programs, which they say are central to their enforcement efforts. Legal, Regulation & Compliance JPMorgan Launches A Robo-Adviser For Passive Investors News Aggregation Team Monday, July 15, 2019 1:00 am http://ambankers.net/article/42274/jpmorgan-launches-a-robo-adviser-for-passive-investors Under this service, it will include users into an investment portfolio composed of its exchange-traded funds (ETF) for an annual fee of 0.35% or 35 basis points of the assets, which is the annual advisory fee. FinTech Kestra Financial Adds Merkel Financial to Platform Ana Hall Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42240/kestra-financial-adds-merkel-financial-to-platform At Kestra Financial, we understand the depth of resources required to support and grow a wealth management team of Merkel Financial’s magnitude FinTech N26 launches its challenger bank in the U.S. News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42244/n26-launches-its-challenger-bank-in-the-us Every time you make a transaction, you instantly receive a push notification telling you how much money you just paid. FinTech RBC buys accounts payable specialist News Aggregation Team Wednesday, July 10, 2019 1:00 am http://ambankers.net/article/42226/rbc-buys-accounts-payable-specialist RBC says the acquisition gives it valuable new capabilities to help customers transitioning away from paper cheques to digital payments. FinTech Broadridge CEO Tom Gokey gets Google's top cloud executive in his corner as he sets sights on wealth management cloud thunderclapper Ana Hall Wednesday, July 10, 2019 1:00 am http://ambankers.net/article/42230/broadridge-ceo-tom-gokey-gets-googleamp039s-top-cloud-executive-in-his-corner-as-he-sets-sights-on-wealth-management-cloud-thunderclapper He led Oracle's product vision, design, development, operations and go-to-market strategy for its cloud platform, middleware and analytics portfolio, and oversaw a global team of more than 4,500 engineers. FinTech Brazil's BTG Pactual Streamlines Digital Onboarding with Jumio Ana Hall Wednesday, July 10, 2019 1:00 am http://ambankers.net/article/42232/brazilamp039s-btg-pactual-streamlines-digital-onboarding-with-jumio Jumio’s Identity Verification solution helps Latin America’s largest investment bank vet new online clients and fight online fraud FinTech Here's what Wall Street thinks about CrowdStrike News Aggregation Team Tuesday, July 09, 2019 1:00 am http://ambankers.net/article/42211/hereamp039s-what-wall-street-thinks-about-crowdstrike CrowdStrike offers a cloud-based platform for endpoint security, threat intelligence, and cyberattack- response services. FinTech Asset management industry increases spend on digital transformation by GBP8 million a year in last year News Aggregation Team Tuesday, July 09, 2019 1:00 am http://ambankers.net/article/42221/asset-management-industry-increases-spend-on-digital-transformation-by-gbp8-million-a-year-in-last-year A total of 73 per cent of asset managers view shifting customer and client expectations as the biggest threat in 2019 FinTech SEIA Announces Award Wins for 2019 Ana Hall Thursday, July 04, 2019 1:00 am http://ambankers.net/article/42185/seia-announces-award-wins-for-2019 SEIA was also recognized among the "2019 Financial Times 300 Top Registered Investment Advisors" list, which highlights the top US-registered investment advisors. FinTech JPMorgan Commits Hedge Fund to AI in Technology Arms Race News Aggregation Team Wednesday, July 03, 2019 1:00 am http://ambankers.net/article/42171/jpmorgan-commits-hedge-fund-to-ai-in-technology-arms-race Bank has stumbled with a few hedge fund bets in recent years FinTech SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index Ana Hall Friday, July 12, 2019 1:00 am http://ambankers.net/article/42258/ssampampc-globeop-hedge-fund-performance-index-and-capital-movement-index SS&C GlobeOp Hedge Fund Performance Index: June performance 1.67%; Capital Movement Index: July net flows decline 1.28% Alternative Investments Biggest hedge fund managers bolt out of the gate News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42235/biggest-hedge-fund-managers-bolt-out-of-the-gate Multi-strategy hedge funds, on average, gained about 6 per cent in the first six months of the year, according to Hedge Fund Research Alternative Investments A Point Of Difference - What Happens When A Family Office Morphs Into A Fully-Fledged VC? News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42251/a-point-of-difference-what-happens-when-a-family-office-morphs-into-a-fully-fledged-vc Equally important they invest, not only in the usual suspect assets - shares, bonds, and property, for example - but also in businesses with growth potential. Alternative Investments Huge Boost for Brazil Pension Reform as Bill Clears Major Hurdle News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42246/huge-boost-for-brazil-pension-reform-as-bill-clears-major-hurdle Brazil spends much more on its pensions than most peer countries Alternative Investments U.S. Investors Most Patient, And Demanding, In World, Study Says News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42245/us-investors-most-patient-and-demanding-in-world-study-says U.S. investors hold their investments for an average of 4.2 years Alternative Investments JP Morgan cuts Venezuela debt from popular bond benchmarks News Aggregation Team Wednesday, July 10, 2019 1:00 am http://ambankers.net/article/42229/jp-morgan-cuts-venezuela-debt-from-popular-bond-benchmarks Venezuela’s weight in the EMBI Global Diversified, EMBI Global and EMBI+ indices is currently 0.5%, 0.9% and 1.2% respectively Alternative Investments JPMorgan says bond-market rally faces risk of ‘tantrum’ like 2013 and 2016 News Aggregation Team Tuesday, July 09, 2019 1:00 am http://ambankers.net/article/42212/jpmorgan-says-bond-market-rally-faces-risk-of-amplsquotantrumamprsquo-like-2013-and-2016 Bond-market bulls who have piled on long positions in recent months could face a painful reversal in rates Alternative Investments The New Quant Billions Are Hiding in the Bond Market News Aggregation Team Tuesday, July 09, 2019 1:00 am http://ambankers.net/article/42216/the-new-quant-billions-are-hiding-in-the-bond-market By carving up corporate bonds into behavioral traits such as value and momentum in the search for alpha, these math wizards are hoping to disrupt the established giants of the trillion-dollar credit market. Alternative Investments The New Quant Billions Are Hiding in the Bond Market News Aggregation Team Tuesday, July 09, 2019 1:00 am http://ambankers.net/article/42219/the-new-quant-billions-are-hiding-in-the-bond-market Northern Trust touts fixed-income factors amid stock fatigue Alternative Investments Pinebridge versus T Rowe Price News Aggregation Team Friday, July 05, 2019 1:00 am http://ambankers.net/article/42195/pinebridge-versus-t-rowe-price In theory, funds with mandates that allow them to allocate to any equity market should have an advantage: they can choose the best and avoid the worst prospects. Alternative Investments Piper Jaffray buys rival investment bank Ana Hall Wednesday, July 10, 2019 1:00 am http://ambankers.net/article/42231/piper-jaffray-buys-rival-investment-bank Merger Adds the Leading Financial Services Investment Banking Firm to the Growing Piper Jaffray Organization Investment Banking Wall Street Skeptical Of Deutsche Bank's Restructuring Plan News Aggregation Team Tuesday, July 09, 2019 1:00 am http://ambankers.net/article/42215/wall-street-skeptical-of-deutsche-bankamp039s-restructuring-plan Deutsche Bank has been struggling to compete with other global investment banks and has been hounded by regulators in recent years Investment Banking Wells Fargo-Favored Mortgage Master Blend Raises $130 Million News Aggregation Team Monday, June 24, 2019 1:00 am http://ambankers.net/article/42102/wells-fargo-favored-mortgage-master-blend-raises-130-million Blend digitizes paper processes for more than 150 banks, including Wells Fargo and US Bank Investment Banking Wells Fargo selling majority stake in real estate banking giant Ana Hall Tuesday, June 11, 2019 1:00 am http://ambankers.net/article/41926/wells-fargo-selling-majority-stake-in-real-estate-banking-giant Wells Fargo will retain a minority ownership interest in Eastdil. Investment Banking JPMorgan and BAML raise most money for ‘contentious’ companies News Aggregation Team Monday, June 10, 2019 1:00 am http://ambankers.net/article/41910/jpmorgan-and-baml-raise-most-money-for-amplsquocontentiousamprsquo-companies First study to look at banks’ underwriting work through an ethical lens finds Wall Street banks have the least scruples Investment Banking Goldman sees growth in mass-affluent advising, corporate cash deposits News Aggregation Team Tuesday, June 04, 2019 1:00 am http://ambankers.net/article/41830/goldman-sees-growth-in-mass-affluent-advising-corporate-cash-deposits The firm has said it expects about $100 million in expense savings from using a home-grown product to manage its own cash. Investment Banking China International Capital Expands U.S. Investment Banking Advisory Business Mitzi Limlengco Tuesday, June 04, 2019 1:00 am http://ambankers.net/article/41842/china-international-capital-expands-us-investment-banking-advisory-business Mr. Ahmed received a Bachelor of Arts in Economics from Vassar College Investment Banking William Blair Launches “THINKING” Ana Hall Friday, May 31, 2019 1:00 am http://ambankers.net/article/41812/william-blair-launches-ampldquothinkingamprdquo Our Take on Trends that Matter Investment Banking Bank of Montreal profit up 20 per cent, despite hit from severance costs News Aggregation Team Thursday, May 30, 2019 1:00 am http://ambankers.net/article/41786/bank-of-montreal-profit-up-20-per-cent-despite-hit-from-severance-costs Those earnings were weighed down by job cuts, as BMO’s quarterly results included a $120-million pre-tax severance expense for its investment-banking unit. Investment Banking After the bailout: Goldman Sachs wants to be America’s mass-market bank News Aggregation Team Thursday, May 30, 2019 1:00 am http://ambankers.net/article/41799/after-the-bailout-goldman-sachs-wants-to-be-americaamprsquos-mass-market-bank The company is also reaching out to the working and saving masses through direct mail, print and video ads, and even billboards, reversing a long period in which, if you had to ask where Goldman Sachs was, you didn’t belong there. Investment Banking Challenges facing family offices: what is holding you back? News Aggregation Team Monday, July 15, 2019 1:00 am http://ambankers.net/article/42261/challenges-facing-family-offices-what-is-holding-you-back Family offices are often managing assets that range from traditional equity to global markets to private equity to real estate holdings and fine art. Comment, Analysis & Research US bonds present ESG problem News Aggregation Team Monday, July 15, 2019 1:00 am http://ambankers.net/article/42267/us-bonds-present-esg-problem Investors with otherwise sound ESG integration could be exposed to these companies - especially as many of the companies in question are unlisted. Comment, Analysis & Research Citigroup Reports Profit, Revenue Boost Mitzi Limlengco Monday, July 15, 2019 1:00 am http://ambankers.net/article/42271/citigroup-reports-profit-revenue-boost Revenues increased 2% from the prior-year period Comment, Analysis & Research Wealth Management Platform Market to Set Phenomenal Growth from 2019 to 2025 News Aggregation Team Monday, July 15, 2019 1:00 am http://ambankers.net/article/42273/wealth-management-platform-market-to-set-phenomenal-growth-from-2019-to-2025 Some are the key players taken under coverage for this study are SS and C, Fiserv, Broadridge, FIS, Profile Software, Temenos, SEI Investments, Investedge, Finantix, Comarch, Objectway & Dorsum. Comment, Analysis & Research Hedge Funds Post Best First Half in Decade News Aggregation Team Tuesday, July 09, 2019 1:00 am http://ambankers.net/article/42209/hedge-funds-post-best-first-half-in-decade Equity funds were the best-performing broad strategy, gaining almost 9% in the period. Comment, Analysis & Research What You Need to Earn to Be in the Top 1% News Aggregation Team Monday, July 08, 2019 1:00 am http://ambankers.net/article/42200/what-you-need-to-earn-to-be-in-the-top-1 And if you consider yourself relatively well-to-do, you may be in the top 5% or 10% already. Comment, Analysis & Research The rise and rise of private capital News Aggregation Team Friday, July 05, 2019 1:00 am http://ambankers.net/article/42197/the-rise-and-rise-of-private-capital Why investors are seeking higher returns away from public markets Comment, Analysis & Research Wealthy Clients Make Shift From U.S. Equities to Alts News Aggregation Team Thursday, July 04, 2019 1:00 am http://ambankers.net/article/42186/wealthy-clients-make-shift-from-us-equities-to-alts Poor past experience and disappointing recent returns have challenged the recovery of hedge fund demand, especially in Asia where the asset class is more often associated with high octane returns rather than risk management. Comment, Analysis & Research Why Climate Change Concerns Don't Always Push Advisors Into ESG Investments News Aggregation Team Thursday, July 04, 2019 1:00 am http://ambankers.net/article/42189/why-climate-change-concerns-donamp039t-always-push-advisors-into-esg-investments he plans to launch of a marketing campaign for customized impact investment portfolios, not based at all on those ratings. Comment, Analysis & Research The largest private banks in the US News Aggregation Team Wednesday, July 03, 2019 1:00 am http://ambankers.net/article/42169/the-largest-private-banks-in-the-us The US bank is looking abroad to expand its wealthy client base. Earlier in the year, it acquired a minority stake in French asset manager Tikehau Capital Advisors. Comment, Analysis & Research US announces probe into France’s digital services tax News Aggregation Team Thursday, July 11, 2019 1:00 am http://ambankers.net/article/42239/us-announces-probe-into-franceamprsquos-digital-services-tax “The President has directed that we investigate the effects of this legislation and determine whether it is discriminatory or unreasonable and burdens or restricts United States commerce,” Lighthizer said. Tax SCC deals a blow to tax evaders in Canada | David Rotfleisch News Aggregation Team Thursday, July 04, 2019 1:00 am http://ambankers.net/article/42192/scc-deals-a-blow-to-tax-evaders-in-canada-david-rotfleisch Foreign banks and their tax lawyers have been fined by the American Internal Revenue Service and by European tax authorities for their involvement in aiding and abetting international tax evasion. Tax US Firms Still Keeping Some Overseas Profits Offshore News Aggregation Team Thursday, June 27, 2019 1:00 am http://ambankers.net/article/42122/us-firms-still-keeping-some-overseas-profits-offshore Overall, there is no evidence that Trump’s tax law spurred U.S. firms to bring intellectual property back home, Setser said, which suggests that the associated profits will continue to flow to overseas affiliates. Tax Canada steps up efforts to fight tax avoidance News Aggregation Team Wednesday, June 26, 2019 1:00 am http://ambankers.net/article/42110/canada-steps-up-efforts-to-fight-tax-avoidance Canada signed the MLI in June 2017 and the Liberals promised in the 2018 federal budget to enact it into Canadian law. Tax Panama Papers data leak whittled down to only 150 taxpayer audits in Canada News Aggregation Team Thursday, June 20, 2019 1:00 am http://ambankers.net/article/42035/panama-papers-data-leak-whittled-down-to-only-150-taxpayer-audits-in-canada The report was made public at the same time that CRA revelead that Canadian corporations avoided paying between C$9.4bn and C$11.4bn in taxes in 2014. Tax Corporate tax gap could be costing more than $11B News Aggregation Team Wednesday, June 19, 2019 1:00 am http://ambankers.net/article/42022/corporate-tax-gap-could-be-costing-more-than-11b The gap is the biggest in a CRA series of studies Tax Windsor, London properties raided in $8.3M tax evasion probe News Aggregation Team Friday, June 14, 2019 1:00 am http://ambankers.net/article/41972/windsor-london-properties-raided-in-83m-tax-evasion-probe Despite the search warrants on Wednesday, the CRA said no charges have been laid. Tax Newly signed Brazil-Uruguay tax treaty will force companies to review structures News Aggregation Team Friday, June 14, 2019 1:00 am http://ambankers.net/article/41991/newly-signed-brazil-uruguay-tax-treaty-will-force-companies-to-review-structures The Brazil–Uruguay tax treaty represents a change and its negotiation was probably motivated by Brazil´s threat to blacklist Uruguay for tax purposes. Tax Rich New Yorkers are fleeing to Miami to escape high taxes. News Aggregation Team Monday, June 10, 2019 1:00 am http://ambankers.net/article/41904/rich-new-yorkers-are-fleeing-to-miami-to-escape-high-taxes New York millionaires who relocate to Florida can save more than $1 million in taxes each year. Tax Latin America banking: HSBC fights back in Brazil News Aggregation Team Monday, June 10, 2019 1:00 am http://ambankers.net/article/41908/latin-america-banking-hsbc-fights-back-in-brazil The BMA has called on the Government to immediately reform the pensions tax system to prevent more doctors from leaving the NHS. Tax Scotiabank nabs another top J.D. Power Ranking for 2019 Mitzi Limlengco Monday, July 01, 2019 1:00 am http://ambankers.net/article/42145/scotiabank-nabs-another-top-jd-power-ranking-for-2019 Leads the Big Five Canadian banks in J.D. Power's 2019 Banking Mobile App Study Retail Banking Leading Israeli Bank in the US Strengthens Ties and Opportunities at Home News Aggregation Team Friday, June 14, 2019 1:00 am http://ambankers.net/article/41988/leading-israeli-bank-in-the-us-strengthens-ties-and-opportunities-at-home Today, IDB is among the 25 largest commercial banks in the New York metropolitan area, while its parent company, Discount Bank Ltd., runs some 260 branches across Israel. Retail Banking Goldman’s Marcus bank teams up with Saga to target over-50s News Aggregation Team Tuesday, June 11, 2019 1:00 am http://ambankers.net/article/41929/goldmanamprsquos-marcus-bank-teams-up-with-saga-to-target-over-50s US investment bank plans to tap into the savings potential of older UK clients Retail Banking Wells Fargo’s RIA Channel Adds Another Firm News Aggregation Team Thursday, May 02, 2019 1:00 am http://ambankers.net/article/41518/wells-fargoamprsquos-ria-channel-adds-another-firm As an RIA, the team will focus on multigenerational wealth management for high-net worth families and manage company-sponsored retirement plans for business owners. Retail Banking American Riviera Bank Reports Record Quarterly Net Income Kris Borres Friday, April 26, 2019 1:00 am http://ambankers.net/article/41437/american-riviera-bank-reports-record-quarterly-net-income The Bank reported strong loan growth, with loans increasing $89 million, or 20% from March 31, 2018, reaching $521 million at March 31, 2019 with no other real estate owned. Retail Banking Banking pioneer scores with own venture News Aggregation Team Monday, March 25, 2019 12:00 am http://ambankers.net/article/41056/banking-pioneer-scores-with-own-venture Savoy Bank survives crisis to prove doubters wrong Retail Banking Ameriprise’s Bank Is Closer to Reality News Aggregation Team Tuesday, March 19, 2019 12:00 am http://ambankers.net/article/40973/ameripriseamprsquos-bank-is-closer-to-reality Ameriprise has not hidden its banking intentions and has been providing some information about them in recent earnings conference calls, InvestmentNews points out. Retail Banking Ameriprise getting ready to launch its bank News Aggregation Team Friday, March 15, 2019 12:00 am http://ambankers.net/article/40952/ameriprise-getting-ready-to-launch-its-bank Firm's advisers will soon have access to lending products such as mortgages Retail Banking TD Bank Ramps up Commercial Real Estate Lending and Funds Affordable Housing Communities Mitzi Limlengco Tuesday, March 12, 2019 12:00 am http://ambankers.net/article/40894/td-bank-ramps-up-commercial-real-estate-lending-and-funds-affordable-housing-communities The bank extended over $1 billion in 2018 fiscal year to address some of the nation's pressing housing challenges Retail Banking New York-based bank opens flagship San Francisco office News Aggregation Team Thursday, February 28, 2019 12:00 am http://ambankers.net/article/40751/new-york-based-bank-opens-flagship-san-francisco-office The rush into San Francisco comes as no surprise, given the Bay Area’s booming economy and wealth creation. Retail Banking CFTC to assess climate change risk and possible mitigation steps News Aggregation Team Tuesday, June 18, 2019 1:00 am http://ambankers.net/article/42012/cftc-to-assess-climate-change-risk-and-possible-mitigation-steps Mr. Behnam noted that market regulators in other countries, some of whom were represented at the risk committee meeting, are taking steps to assess and mitigate climate change financial risks ESG Wealthy Families Are Adding Forests to Their Portfolios News Aggregation Team Monday, June 17, 2019 1:00 am http://ambankers.net/article/41999/wealthy-families-are-adding-forests-to-their-portfolios It’s a long-term bet on growth. ESG ESG groups try to thin a thicket of sustainability metrics News Aggregation Team Friday, June 14, 2019 1:00 am http://ambankers.net/article/41977/esg-groups-try-to-thin-a-thicket-of-sustainability-metrics As Americans demand ‘inclusive’ capitalism, companies say they are drowning in surveys ESG Porn Is Worse Than Pollution in Ethical Investing Portfolios News Aggregation Team Thursday, June 13, 2019 1:00 am http://ambankers.net/article/41962/porn-is-worse-than-pollution-in-ethical-investing-portfolios This is not the first time analysts have flagged shortcomings in ESG selection. ESG Fixed Income is Redefining Sustainable Investing News Aggregation Team Thursday, June 13, 2019 1:00 am http://ambankers.net/article/41973/fixed-income-is-redefining-sustainable-investing Despite this tremendous growth, we believe it is still early days, in particular for ESG investing via fixed income. ESG Hedge funds making progress, but slow to adopt ESG News Aggregation Team Tuesday, May 28, 2019 1:00 am http://ambankers.net/article/41761/hedge-funds-making-progress-but-slow-to-adopt-esg . The balance of asset owners surveyed don't have a hedge fund ESG policy. ESG Ethic Says Advisors Can Beat Fee Compression With ESG News Aggregation Team Thursday, May 16, 2019 1:00 am http://ambankers.net/article/41674/ethic-says-advisors-can-beat-fee-compression-with-esg The company is Ethic Inc., which uses data analysis and tools to offer the ability to have highly personalized investment portfolios focusing on any number of impact investments, from including clean energy stocks to excluding for-profit prisons, as examp ESG ESG a Game-Changer – But Plenty Still to be Done… News Aggregation Team Friday, May 10, 2019 1:00 am http://ambankers.net/article/41612/esg-a-game-changer-ampndash-but-plenty-still-to-be-doneamphellip One of the trends according to panellist Sachin Vankalas, Director of Operations & Sustainability at LuxFLAG, is that an increasing awareness of ESG is driving demand in this investment category ESG Global biodiversity is collapsing, warn scientists News Aggregation Team Wednesday, May 08, 2019 1:00 am http://ambankers.net/article/41572/global-biodiversity-is-collapsing-warn-scientists The first global assessment of biodiversity and ecosystem services has held humans largely responsible for looming mass extinction of species and has urged immediate action to avert disaster. ESG Moving to a low-carbon future – why banks and companies need to step up by Bill Winters, Standard Chartered Bank News Aggregation Team Tuesday, May 07, 2019 1:00 am http://ambankers.net/article/41558/moving-to-a-low-carbon-future-ampndash-why-banks-and-companies-need-to-step-up-by-bill-winters-standard-chartered-bank We’re making progress on understanding our contribution to climate goals, but cannot go it alone ESG