The Americas Banking News Network http://ambankers.net/ Mon, 23 Oct 2017 15:12:44 GMT part of MediaG8way Group http://ambankers.net/ http://ambankers.net/assets/images/logo.png The Americas Banking News Network KohanaPHP LGT Vestra US raises £5800 for the London Warriors Urban American Football Program News Team Monday, October 23, 2017 12:00 am http://ambankers.net/article/35074/lgt-vestra-us-raises-amppound5800-for-the-london-warriors-urban-american-football-program This year LGT Vestra US became an Official UK Founding Partner of the Jacksonville Jaguars, the UK’s NFL home team. Wealth and Asset Management CAIS Wins 2017 Wealth Management Industry Award News Team Monday, October 23, 2017 12:00 am http://ambankers.net/article/35079/cais-wins-2017-wealth-management-industry-award The company is on track to grow its curated menu of products by another 25% by year-end. Wealth and Asset Management Private banks coming late to the party in wealth management News Aggregation Team Friday, October 20, 2017 12:00 am http://ambankers.net/article/35054/private-banks-coming-late-to-the-party-in-wealth-management How banks need to learn to offer a holistic service Wealth and Asset Management Harvard Endowment’s Rebirth News Aggregation Team Friday, October 20, 2017 12:00 am http://ambankers.net/article/35065/harvard-endowmentamprsquos-rebirth Harvard Is Pretty Unique As An Institutional Investor Wealth and Asset Management How New Wealth, Few Rules Fuel Family-Office Boom News Aggregation Team Friday, October 20, 2017 12:00 am http://ambankers.net/article/35066/how-new-wealth-few-rules-fuel-family-office-boom "If You’ve Seen One Family Office, You’ve Seen One Family Office" Wealth and Asset Management Popular Community Bank launches private banking division News Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35056/popular-community-bank-launches-private-banking-division Popular Private Client brings a new perspective and restores relevancy to what private banking has long aspired to be by affording an economically diverse and upwardly mobile clientele with a truly personalized banking experience. Wealth and Asset Management Northern Trust Takes a LDI Approach for its TDF Glidepath News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35058/northern-trust-takes-a-ldi-approach-for-its-tdf-glidepath The firm looks at a plan’s demographics and creates a glidepath that both controls for and seeks out risk. Wealth and Asset Management Exclusive Online Club is for Very Wealthy Investors Only News Aggregation Team Wednesday, October 18, 2017 12:00 am http://ambankers.net/article/35030/exclusive-online-club-is-for-very-wealthy-investors-only The club, named Clade, is exclusively online. Wealth and Asset Management Don't forget human factor in firm development News Aggregation Team Wednesday, October 18, 2017 12:00 am http://ambankers.net/article/35036/donamp039t-forget-human-factor-in-firm-development Deciding whether to pay market rate for a 20-something quant analyst — which now averages nearly $250,000 annually — is just one of the many challenges, said Yabu Sesay, executive director of global HR at JP Morgan Asset and Wealth Management. Wealth and Asset Management Citi's venture arm teams up with StartOut to connect LGBTQ entrepreneurs News Aggregation Team Wednesday, October 18, 2017 12:00 am http://ambankers.net/article/35038/citiamp039s-venture-arm-teams-up-with-startout-to-connect-lgbtq-entrepreneurs StartOut said its global network will help LGBTQ entrepreneurs, even in countries that are not friendly to the LGBTQ community. Wealth and Asset Management Steward Partners' latest hire: $200M team from Morgan Stanley News Aggregation Team Monday, October 23, 2017 12:00 am http://ambankers.net/article/35075/steward-partnersamp039-latest-hire-200m-team-from-morgan-stanley They're the latest advisors to jump from the wirehouse to independent channel amid recruiting cutbacks at UBS, Morgan Stanley and Merrill Lynch. People Moves RBC Wealth Management Ramps Up Indie and Captive Benefits for Big Expansion Goal News Aggregation Team Monday, October 23, 2017 12:00 am http://ambankers.net/article/35077/rbc-wealth-management-ramps-up-indie-and-captive-benefits-for-big-expansion-goal A spokeswoman for RBC WM says the firm won’t “disclose the number of recruits” it has gleaned in its parent company’s present fiscal year, which ends this month. But she confirms it’s already “the best recruiting year f People Moves BNY Mellon Appoints Outsourcing Veteran as Head of Middle Office Solutions News Team Monday, October 23, 2017 12:00 am http://ambankers.net/article/35078/bny-mellon-appoints-outsourcing-veteran-as-head-of-middle-office-solutions Messina is a Certified Public Accountant, with significant previous audit experience as an Ernst & Young partner. People Moves Bridges Trust expands team News Team Sunday, October 22, 2017 12:00 am http://ambankers.net/article/35071/bridges-trust-expands-team Each will play a key role in helping the firm build out a comprehensive trust, family office and wealth management solution for a growing client base of successful individuals and families, endowments and foundations, business owners, entrepreneurs and co People Moves Chubb Appoints Jodi Hanson Bond to Lead Global Government and Industry Affairs News Team Friday, October 20, 2017 12:00 am http://ambankers.net/article/35067/chubb-appoints-jodi-hanson-bond-to-lead-global-government-and-industry-affairs Chubb Appoints Jodi Hanson Bond to Lead Global Government and Industry Affairs People Moves Raymond James scoops up $540M SunTrust Team News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35039/raymond-james-scoops-up-540m-suntrust-team They're the latest new hires at Raymond James, which has been on a long-running recruiting push. People Moves Korn Ferry Names Co-Head of Global Asset Management News Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35044/korn-ferry-names-co-head-of-global-asset-management He has also worked extensively in delivering holistic human capital solutions to his clients around the world. People Moves Merrill Lynch names head of Strategic Growth Markets News Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35045/merrill-lynch-names-head-of-strategic-growth-markets Jen joined Merrill Lynch as a member of the listed options and futures strategy desk. People Moves US Capital Partners Expands Its Wealth Management Division News Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35046/us-capital-partners-expands-its-wealth-management-division San Francisco-based private financial group appoints additional Vice President to US Capital Wealth Management, following a year of strong business growth across multiple verticals. People Moves Credit Suisse appoints Americas industrials co-heads News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35051/credit-suisse-appoints-americas-industrials-co-heads Under Hammond, Credit Suisse’s metals and mining investment banking franchise has been top 3 globally, according to the memo. People Moves SEC Charges FA Over $9M Swindle of Charity News Aggregation Team Monday, October 23, 2017 12:00 am http://ambankers.net/article/35082/sec-charges-fa-over-9m-swindle-of-charity The SEC is seeking permanent injunction, penalties and disgorgement against Rogicki, according to the complaint. Legal, Regulation & Compliance Jurors To Weigh Fraud Charges Against Ex-HSBC Executive News Aggregation Team Friday, October 20, 2017 12:00 am http://ambankers.net/article/35048/jurors-to-weigh-fraud-charges-against-ex-hsbc-executive HSBC Executives,Devised A Scheme To Drive Up The Price Of Pounds Legal, Regulation & Compliance FINRA Orders Wells Fargo Broker-Dealers to Pay $3.4 Million in Restitution and Reminds Firms of Sales Practice Obligations for Volatility-Linked Products News Team Monday, October 16, 2017 12:00 am http://ambankers.net/article/35000/finra-orders-wells-fargo-broker-dealers-to-pay-34-million-in-restitution-and-reminds-firms-of-sales-practice-obligations-for-volatility-linked-products Volatility-linked ETPs are complex products that could be misunderstood and improperly sold by registered representatives. Legal, Regulation & Compliance SEC to Review Guggenheim’s Bob Diamond-Linked Investments News Aggregation Team Friday, October 13, 2017 12:00 am http://ambankers.net/article/34969/sec-to-review-guggenheimamprsquos-bob-diamond-linked-investments Guggenheim has been a shareholder of Diamond’s African banking venture, Atlas Mara Ltd., since its 2013 initial public offering. Legal, Regulation & Compliance Hotshot banker says jilted lover drove his Benz into pool News Aggregation Team Friday, October 13, 2017 12:00 am http://ambankers.net/article/34977/hotshot-banker-says-jilted-lover-drove-his-benz-into-pool Cops confirmed to The Post that a police report was made. Legal, Regulation & Compliance Tax lobbying goes global News Aggregation Team Friday, October 13, 2017 12:00 am http://ambankers.net/article/34982/tax-lobbying-goes-global Cayman’s goal isn’t to protect a particular provision in the tax code, Munk said. Legal, Regulation & Compliance IMF Identifies 9 Vulnerable Big Banks News Aggregation Team Thursday, October 12, 2017 12:00 am http://ambankers.net/article/34953/imf-identifies-9-vulnerable-big-banks It is unusual for a body like the IMF to identify banks by name. Legal, Regulation & Compliance 84 Greenberg Traurig New York Attorneys Recognized in 2017 Edition of New York Metro Super Lawyers News Team Tuesday, October 10, 2017 12:00 am http://ambankers.net/article/34925/84-greenberg-traurig-new-york-attorneys-recognized-in-2017-edition-of-new-york-metro-super-lawyers Voce provides a first-hand account of what it was like to attend a male-dominated law school and enter into a profession with few women lawyers. Legal, Regulation & Compliance Kenya's central bank says has non-binding offer from Mauritius's SBM for Chase Bank News Aggregation Team Monday, October 09, 2017 12:00 am http://ambankers.net/article/34914/kenyaamp039s-central-bank-says-has-non-binding-offer-from-mauritiusamp039s-sbm-for-chase-bank “If agreed, it is expected that the proposed transaction will be concluded by the end of 2017,” the central bank said. Legal, Regulation & Compliance New York hedge fund may seize yacht in dispute with Ruias News Aggregation Team Friday, October 06, 2017 12:00 am http://ambankers.net/article/34890/new-york-hedge-fund-may-seize-yacht-in-dispute-with-ruias New York’s Davidson Kempner Capital Management is now eyeing a luxury yacht owned by the Ruia family in a legal dispute with Essar Global Fund Legal, Regulation & Compliance Bank Leumi Collaborates with Temenos and VMware News Team Monday, October 23, 2017 12:00 am http://ambankers.net/article/35080/bank-leumi-collaborates-with-temenos-and-vmware Temenos drives the 24/7 real-time digital banking experience FinTech Swarm Fund Opens Public Token Sale for Self-Governed Cryptocurrency Fund Platform News Team Monday, October 23, 2017 12:00 am http://ambankers.net/article/35081/swarm-fund-opens-public-token-sale-for-self-governed-cryptocurrency-fund-platform The third wave will be the securitization of those digital properties, backed by real-world assets FinTech Wealth Management Alums "Marry" Talents to Form New Wealth Technology Venture News Team Friday, October 20, 2017 12:00 am http://ambankers.net/article/35055/wealth-management-alums-ampquotmarryampquot-talents-to-form-new-wealth-technology-venture The wealth management industry is facing an existential moment," said Doug. FinTech Investor Says a Bitcoin Fund May Be Just a Year Away News Aggregation Team Tuesday, October 17, 2017 12:00 am http://ambankers.net/article/34990/investor-says-a-bitcoin-fund-may-be-just-a-year-away The trust invests exclusively in bitcoin and derives its value solely from the price of the asset. FinTech Banks are Cautiously Optimistic Emerging Technologies will Significantly Impact Today's Correspondent Banking Model News Team Tuesday, October 17, 2017 12:00 am http://ambankers.net/article/35011/banks-are-cautiously-optimistic-emerging-technologies-will-significantly-impact-todayamp039s-correspondent-banking-model The white paper spotlights growing client demand for flexible, cost-efficient and integrated solutions that will require banks to bring together internal legacy infrastructure with components from external third-party providers. FinTech SS&C Closes Acquisition of CommonWealth Fund Services News Team Monday, October 16, 2017 12:00 am http://ambankers.net/article/34983/ssampampc-closes-acquisition-of-commonwealth-fund-services The newly acquired business expands SS&C's footprint in Canada and adds a talented management team and staff. FinTech BTC Capital Management implements Indata for portfolio management News Team Monday, October 16, 2017 12:00 am http://ambankers.net/article/34986/btc-capital-management-implements-indata-for-portfolio-management Additionally, the firm was looking for a system with open architecture and flexibility, specifically the ability to connect efficiently with its other key systems. FinTech JP Morgan launches blockchain-based IIN News Team Monday, October 16, 2017 12:00 am http://ambankers.net/article/35007/jp-morgan-launches-blockchain-based-iin Pilot with Royal Bank of Canada and Australia and New Zealand Banking Group Limited aims to disrupt the global payments industry FinTech J.P. Morgan's online brokerage platform not meant to disrupt News Aggregation Team Thursday, October 12, 2017 12:00 am http://ambankers.net/article/34961/jp-morganamp039s-online-brokerage-platform-not-meant-to-disrupt Whatever direction the bank ultimately takes, its global wealth management businesses appear to be thriving, according to its latest earnings results. FinTech Wells Fargo expands fintech banking team News Team Wednesday, October 11, 2017 12:00 am http://ambankers.net/article/34929/wells-fargo-expands-fintech-banking-team The expanded Financial Technology Group supports the industry with dedicated relationship managers and supportive infrastructure. FinTech Intercontinental Exchange Completes Acquisition of Bank of America Merrill Lynch’s Global Research Index Platform News Team Sunday, October 22, 2017 12:00 am http://ambankers.net/article/35073/intercontinental-exchange-completes-acquisition-of-bank-of-america-merrill-lynchamprsquos-global-research-index-platform The acquired indices will be renamed ICE BofAML Indices and will become part of ICE Data Services’ suite of businesses. Alternative Investments An Abu Dhabi Sovereign Fund Is Doubling Down On Tech With More Cash, More Office Space And More SoftBank News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35034/an-abu-dhabi-sovereign-fund-is-doubling-down-on-tech-with-more-cash-more-office-space-and-more-softbank Mubadala Is Touting Its Connection To SoftBank Alternative Investments Northern Trust launches $250 million cost-cutting initiative News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35061/northern-trust-launches-250-million-cost-cutting-initiative A company spokesman declined to comment on how many positions would be eliminated or added as part of the cost-cutting initiative. Alternative Investments iCapitalÒ Network Partners with CAIA Association for Alternative Investments News Team Wednesday, October 18, 2017 12:00 am http://ambankers.net/article/35023/icapitalampograve-network-partners-with-caia-association-for-alternative-investments The 2-day program will be led by CAIA instructors and include a customized agenda emphasizing private equity and hedge funds. Alternative Investments Hedge funds up 1.43 per cent in September, says Preqin News Aggregation Team Tuesday, October 17, 2017 12:00 am http://ambankers.net/article/35006/hedge-funds-up-143-per-cent-in-september-says-preqin Activist funds made gains of +2.73 per cent in September Alternative Investments Kames Capital enters US market News Team Monday, October 16, 2017 12:00 am http://ambankers.net/article/34984/kames-capital-enters-us-market Sales and marketing support will be provided by Kames Capital’s Aegon Asset Management affiliate in the US. Alternative Investments Ninepoint Partners LP Announces Proposed Fund Mergers News Team Monday, October 16, 2017 12:00 am http://ambankers.net/article/34991/ninepoint-partners-lp-announces-proposed-fund-mergers Ninepoint Partners will seek the approval of the securityholders of each Fund and the applicable securities regulator in respect of the proposed Mergers. Alternative Investments State Street Selected as Primary Fund Administrator Partner in Canada by Fiera Capital News Team Monday, October 16, 2017 12:00 am http://ambankers.net/article/34992/state-street-selected-as-primary-fund-administrator-partner-in-canada-by-fiera-capital Leading Independent Global Asset Manager Consolidates Service Providers in Expanded Relationship with State Street Alternative Investments Former Goldman Executive Is Raising Money for Quant Hedge Fund News Aggregation Team Monday, October 16, 2017 12:00 am http://ambankers.net/article/35005/former-goldman-executive-is-raising-money-for-quant-hedge-fund The duo is raising money as more hedge funds and asset managers start quantitative strategies to adapt to a challenging environment for stock pickers. Alternative Investments Alternative investments may offer returns, but have risks, too News Aggregation Team Friday, October 13, 2017 12:00 am http://ambankers.net/article/34972/alternative-investments-may-offer-returns-but-have-risks-too There qualification rules about who can invest including having a net worth that tops $5 million Alternative Investments Japan's Mizuho Combining US Banking, Trust Banking Units News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35033/japanamp039s-mizuho-combining-us-banking-trust-banking-units Mizuho Financial Group Looks To Consolidate U.S. Banking And Trust Banking Units Investment Banking Investment banking drives Goldman Sachs earnings higher News Aggregation Team Tuesday, October 17, 2017 12:00 am http://ambankers.net/article/35020/investment-banking-drives-goldman-sachs-earnings-higher The market had expected that Goldman’s FICC business would struggle to match a Brexit-boosted period a year earlier. Investment Banking Goldman Sachs to buy mortgage lender Genesis Capital News Aggregation Team Friday, October 13, 2017 12:00 am http://ambankers.net/article/34964/goldman-sachs-to-buy-mortgage-lender-genesis-capital Goldman is grappling with ways to boost revenue as trading. Investment Banking BofA Signs Lease for Paris Trading Hub Ahead of Brexit News Aggregation Team Wednesday, October 11, 2017 12:00 am http://ambankers.net/article/34939/bofa-signs-lease-for-paris-trading-hub-ahead-of-brexit Lender said to rent 100,000 square feet near Arc de Triomphe Investment Banking Goldman Becalmed in Asia News Aggregation Team Tuesday, October 10, 2017 12:00 am http://ambankers.net/article/34924/goldman-becalmed-in-asia The outperformance of universal banks reflects their advantage in trading fixed-income products for companies, as opposed to the hedge funds and other institutional investors that are the preserve of Goldman. Investment Banking Global investment banking fees at 10-year high News Aggregation Team Tuesday, October 03, 2017 12:00 am http://ambankers.net/article/34858/global-investment-banking-fees-at-10-year-high Barclays was the best performing European bank, bringing in $2.6 billion. Investment Banking JP Morgan and BNY Mellon partner with IHS Markit for reporting service News Aggregation Team Monday, October 02, 2017 12:00 am http://ambankers.net/article/34829/jp-morgan-and-bny-mellon-partner-with-ihs-markit-for-reporting-service JP Morgan, Deutsche Bank and BNY Mellon are among six banks working with IHS Markit as design partners for new reporting tool. Investment Banking BNY Mellon and Hazeltree Launch Treasury and Cash Management Solution News Team Thursday, September 28, 2017 12:00 am http://ambankers.net/article/34790/bny-mellon-and-hazeltree-launch-treasury-and-cash-management-solution The initiative delivers BNY Mellon's full suite of cash, treasury and custody services through Hazeltree's advanced treasury management technology. Investment Banking BNY Mellon Leaders Recognized by American Banker as 2017 Most Powerful Women in Banking News Team Wednesday, September 27, 2017 12:00 am http://ambankers.net/article/34775/bny-mellon-leaders-recognized-by-american-banker-as-2017-most-powerful-women-in-banking They are each tackling tough business challenges and helping transform BNY Mellon. Investment Banking BofA Seeks Paris Office for Post-Brexit Trading Space News Aggregation Team Wednesday, September 27, 2017 12:00 am http://ambankers.net/article/34778/bofa-seeks-paris-office-for-post-brexit-trading-space Bank of America initially plans to locate around 300 employees in the space which could accommodate about 1,000 people, they said. Investment Banking Momentum momentum by Gary Dugan News Team Monday, October 23, 2017 12:00 am http://ambankers.net/article/35076/momentum-momentum-by-gary-dugan People are still unhappy with the political elite and are thrashing around for an alternative. Comment, Analysis & Research ADP Squares Up For Fight With Activist Investor Bill Ackman News Aggregation Team Sunday, October 22, 2017 12:00 am http://ambankers.net/article/35069/adp-squares-up-for-fight-with-activist-investor-bill-ackman Shareholders Vote In November On Whether Pershing Square Will Get Three Board Seats Comment, Analysis & Research SS&C GlobeOp Forward Redemption Indicator: October notifications 2.69% News Team Friday, October 20, 2017 12:00 am http://ambankers.net/article/35063/ssampampc-globeop-forward-redemption-indicator-october-notifications-269 The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds Comment, Analysis & Research Wealthy Families Are Winning Deals Away From Private Equity News Aggregation Team Friday, October 20, 2017 12:00 am http://ambankers.net/article/35068/wealthy-families-are-winning-deals-away-from-private-equity Once regarded as novices, family offices are looking beyond stocks and bonds to pursue direct investments in companies and real estate. Comment, Analysis & Research The Best Hedge Fund Managers Are Not Psychopaths Or Narcissists, According To New Study News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35047/the-best-hedge-fund-managers-are-not-psychopaths-or-narcissists-according-to-new-study Managers With Psychopathic Traits Made Less Profitable Investments Than Peers Comment, Analysis & Research How to Keep Clients Focused on the Long Term News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35059/how-to-keep-clients-focused-on-the-long-term As an advisor, one of your biggest value-adds is keeping clients focused on their long-term investment goals and helping them avoid these traps. Comment, Analysis & Research Transparency in alternative assets requires ‘collaborative partnership’ between investors and asset managers, says Northern Trust News Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35062/transparency-in-alternative-assets-requires-amplsquocollaborative-partnershipamprsquo-between-investors-and-asset-managers-says-northern-trust The paper, Alts Transparency: Finding the Right Balance, is a follow-up to an industry-wide survey conducted earlier this year by The Economist Intelligence Unit for Northern Trust Comment, Analysis & Research George Soros foundations now control $18 billion News Aggregation Team Wednesday, October 18, 2017 12:00 am http://ambankers.net/article/35014/george-soros-foundations-now-control-18-billion The foundations already controlled billions of dollars. Comment, Analysis & Research Trump wealth slides $600m on NY property market, ‘new information’ News Aggregation Team Wednesday, October 18, 2017 12:00 am http://ambankers.net/article/35015/trump-wealth-slides-600m-on-ny-property-market-amplsquonew-informationamprsquo The magazine now had two people covering the president full time. Comment, Analysis & Research Sorry, investigative journalists—rich Canadians apparently aren’t massively stashing wealth offshore News Aggregation Team Wednesday, October 18, 2017 12:00 am http://ambankers.net/article/35032/sorry-investigative-journalistsampmdashrich-canadians-apparently-arenamprsquot-massively-stashing-wealth-offshore William Watson: A new academic study suggests there may be less Canadian-owned foreign money than typically meets the investigative eye Comment, Analysis & Research US business goes in to battle for cherished tax breaks News Aggregation Team Sunday, October 22, 2017 12:00 am http://ambankers.net/article/35072/us-business-goes-in-to-battle-for-cherished-tax-breaks Lobbyists descend on the Hill as Republicans debate eliminating popular loopholes Tax Andersen Tax Launches in Canada News Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35053/andersen-tax-launches-in-canada They specialize in Canadian tax, international tax, U.S. cross-border planning and restructuring, mergers & acquisitions, indirect taxation and estate planning. Tax IRS Hunt for Cryptocurrency Isn’t Going Away: Expert Blog News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35064/irs-hunt-for-cryptocurrency-isnamprsquot-going-away-expert-blog You have to send the IRS money from something else. You either pay the employee some cash and some Bitcoin, and withhold extra on the cash. Tax Andersen Global Announces Expansion into Ecuador News Team Wednesday, October 18, 2017 12:00 am http://ambankers.net/article/35024/andersen-global-announces-expansion-into-ecuador The firm is comprised of tax and legal professionals specializing in domestic and international taxation, transfer pricing and corporate legal services. Tax How Proposed Tax Reform Could Impact Charitable Planning News Aggregation Team Wednesday, October 18, 2017 12:00 am http://ambankers.net/article/35042/how-proposed-tax-reform-could-impact-charitable-planning The place to begin from a charitable perspective is the proposed tax rate structure. Tax For $12,500 a month, Cayman gets voice in US tax debate News Aggregation Team Tuesday, October 17, 2017 12:00 am http://ambankers.net/article/35029/for-12500-a-month-cayman-gets-voice-in-us-tax-debate Department of Financial Services Senior Legislative Policy Advisor André Ebanks and Policy Officer Wilbur Welcome had meetings with several senators and congressmen on Sept. 25-26 in Washington, D.C., Tax Tax reform threatens a powerful client relationship tool News Aggregation Team Monday, October 16, 2017 12:00 am http://ambankers.net/article/34979/tax-reform-threatens-a-powerful-client-relationship-tool The path to tax code simplicity will not be a simple one. Tax KPMG joins the Blockchain Research Institute News Team Thursday, October 12, 2017 12:00 am http://ambankers.net/article/34968/kpmg-joins-the-blockchain-research-institute Why we are excited to join this important project that is examining the impact blockchain can have on business, government and society as a whole. Tax Two powerhouse accounting practices merge News Team Wednesday, October 04, 2017 12:00 am http://ambankers.net/article/34860/two-powerhouse-accounting-practices-merge Accounting Merger Provides a Comprehensive Service Solution to the Investment Industry Tax Andersen Global Announces Senior Advisory Council News Team Wednesday, September 27, 2017 12:00 am http://ambankers.net/article/34755/andersen-global-announces-senior-advisory-council The objective of the Senior Advisory Council is to draw upon the vast experience of some of our most Senior Partners in the firm. Tax BMO Named One of the Most Diverse & Inclusive Companies in the World News Team Tuesday, October 10, 2017 12:00 am http://ambankers.net/article/34932/bmo-named-one-of-the-most-diverse-ampamp-inclusive-companies-in-the-world BMO has been a champion of diversity and inclusion for more than 25 years. Retail Banking Bank of the West in major tech modernisation News Aggregation Team Monday, October 02, 2017 12:00 am http://ambankers.net/article/34814/bank-of-the-west-in-major-tech-modernisation A new online lending platform from Goldman Sachs Retail Banking When your teller is also your digital banker News Aggregation Team Thursday, September 21, 2017 12:00 am http://ambankers.net/article/34700/when-your-teller-is-also-your-digital-banker And how do you provide a personal touch over digital channels? Retail Banking Citizens Bank launches robo-advisor News Team Wednesday, September 06, 2017 12:00 am http://ambankers.net/article/34488/citizens-bank-launches-robo-advisor Citizens is the first large regional bank to offer a fully integrated digital banking and wealth advisory offering. Retail Banking BBVA in talks to sell Chilean bank to Scotiabank News Aggregation Team Friday, September 01, 2017 12:00 am http://ambankers.net/article/34412/bbva-in-talks-to-sell-chilean-bank-to-scotiabank The bank said this week its capital strength, which is the strongest of Canada’s major banks, gave it “flexibility to grow and invest.” Retail Banking First Internet Bank Enters Top Ten on List of “Best Banks” News Team Friday, September 01, 2017 12:00 am http://ambankers.net/article/34419/first-internet-bank-enters-top-ten-on-list-of-ampldquobest-banksamprdquo The 2017 “Best Banks” list recognizes 75 employers in the banking industry. Retail Banking Scotiabank raises dividend as profit climbs News Team Tuesday, August 29, 2017 12:00 am http://ambankers.net/article/34379/scotiabank-raises-dividend-as-profit-climbs Scotiabank Chief Executive Brian Porter said both Canadian and international personal and commercial banking earnings jumped more than 10% from last year as loans and deposits grew. Retail Banking Canadian lender CIBC posts better than expected quarterly earnings News Aggregation Team Thursday, August 24, 2017 12:00 am http://ambankers.net/article/34316/canadian-lender-cibc-posts-better-than-expected-quarterly-earnings CIBC is the most exposed to the domestic economy. Retail Banking Brazil approves Itaú Unibanco's acquisition of Citigroup retail banking assets News Aggregation Team Thursday, August 17, 2017 12:00 am http://ambankers.net/article/34221/brazil-approves-itaampuacute-unibancoamp039s-acquisition-of-citigroup-retail-banking-assets Itaú agreed to buy a 49.9 percent stake in XP Investimentos for $2 billion. Retail Banking Super Bowl winner, entrepreneur Casey Crawford launches Movement Bank News Team Tuesday, August 08, 2017 12:00 am http://ambankers.net/article/34139/super-bowl-winner-entrepreneur-casey-crawford-launches-movement-bank Founder and CEO of Movement Mortgage makes new investment in banking Retail Banking Ex-HMC Portfolio Manager Fellas Said To Be Launching Crypto-Focused Hedge Fund News Aggregation Team Friday, August 18, 2017 12:00 am http://ambankers.net/article/34242/ex-hmc-portfolio-manager-fellas-said-to-be-launching-crypto-focused-hedge-fund Fellas will be the new venture’s CIO, according to the Bloomberg article, while former Morgan Stanley executive Ronnie Potel will be managing partner. New Products & Services J.P. Morgan Asset Management Launches Two New ETFS: JPIH and JPEH News Aggregation Team Tuesday, April 05, 2016 12:00 am http://ambankers.net/article/26453/jp-morgan-asset-management-launches-two-new-etfs-jpih-and-jpeh As hedged versions of existing ETFs, JPEH and JPIH provide investors with the potential for higher returns New Products & Services Islamic finance’s global surge remains a missed opportunity for banks in US and Canada News Aggregation Team Friday, March 06, 2015 12:00 am http://ambankers.net/article/18667/islamic-financeamprsquos-global-surge-remains-a-missed-opportunity-for-banks-in-us-and-canada It’s a trend that has accelerated since the 2008 crisis shook confidence in conventional banking, prompting most of the world’s financial capitals from London to Dubai to join the battle to dominate the industry. New Products & Services Hawaii and Islamic Finance News Team Monday, March 02, 2015 12:00 am http://ambankers.net/article/18506/hawaii-and-islamic-finance Alsaboosi mentioned that Emirates airlines recently bought 120 new planes from Boeing New Products & Services FAAIF Brings Islamic Finance to the United States News Team Friday, October 17, 2014 12:00 am http://ambankers.net/article/15685/faaif-brings-islamic-finance-to-the-united-states Paldi explains that in general, educated Americans are excited to learn about new alternative financial structures and investment opportunities. New Products & Services Fallen Heroes of September 11, 2001 Congressional Gold Medals News Aggregation Team Friday, September 12, 2014 12:00 am http://ambankers.net/article/15087/fallen-heroes-of-september-11-2001-congressional-gold-medals The three medals were prepared and struck by the United States Mint and bear unique designs for the World Trade Center, the Pentagon, and Flight 93 in rural Pennsylvania. New Products & Services BNY Mellon launches MyOnCore to enhance oversight and transparency for investment manager outsourcing arrangements News Team Thursday, June 19, 2014 12:00 am http://ambankers.net/article/13450/bny-mellon-launches-myoncore-to-enhance-oversight-and-transparency-for-investment-manager-outsourcing-arrangements BNY Mellon, a global leader in investment management and investment services, has launched MyOnCore, an online portal that offers transparency and oversight to investment managers that have outsourced their middle-office operations. New Products & Services Vonnegut: Bitcoin's Place in Wealth Management News Aggregation Team Friday, June 13, 2014 12:00 am http://ambankers.net/article/13325/vonnegut-bitcoinamp039s-place-in-wealth-management Every financial adviser knows this story in one form or another. It is Friday afternoon, 10 minutes to the market close. New Products & Services Falah Capital sparks US Islamic finance? News Aggregation Team Monday, April 21, 2014 12:00 am http://ambankers.net/article/12036/falah-capital-sparks-us-islamic-finance The timing is very attractive and the evolution of Islamic ETFs is starting to swing higher New Products & Services New Insider Service From Institutional Investor's Sovereign Wealth Center News Team Tuesday, March 25, 2014 12:00 am http://ambankers.net/article/11579/new-insider-service-from-institutional-investoramp039s-sovereign-wealth-center Institutional Investor's Sovereign Wealth Center is pleased to announce the launch of the Insider, a new forecasting service designed to give our clients a competitive advantage in working with sovereign wealth funds New Products & Services Signature Bank Reports 2017 Third Quarter Results News Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35043/signature-bank-reports-2017-third-quarter-results The increase in loans for the quarter was primarily driven by growth in specialty finance, commercial real estate and multi-family loans. Company Results Bryn Mawr Bank Corporation: Poised For Long-Term Success? News Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35050/bryn-mawr-bank-corporation-poised-for-long-term-success Management believes the core net income measure is important in evaluating the Corporation's performance on a more comparable basis between periods. Company Results Hedge-fund assets hit record, even as fund closures continue to outpace launches News Aggregation Team Thursday, October 19, 2017 12:00 am http://ambankers.net/article/35060/hedge-fund-assets-hit-record-even-as-fund-closures-continue-to-outpace-launches Such investments are both significantly cheaper than hedge funds and have long boasted superior performance amid the multiyear bull market, a trend that persists. Company Results Bank of America markets profits drop 30% News Aggregation Team Friday, October 13, 2017 12:00 am http://ambankers.net/article/34973/bank-of-america-markets-profits-drop-30 Bank's fixed income revenues were hit by less favourable conditions for credit and rates trading Company Results Morgan Stanley Revenue From Brazil Jumps as Equity Trading Booms News Aggregation Team Tuesday, October 10, 2017 12:00 am http://ambankers.net/article/34920/morgan-stanley-revenue-from-brazil-jumps-as-equity-trading-booms Morgan Stanley has gained market share in Brazil in cross-border merger advice. Company Results Raymond James Financial Reports August 2017 Operating Data News Team Thursday, September 21, 2017 12:00 am http://ambankers.net/article/34678/raymond-james-financial-reports-august-2017-operating-data Financial assets under management reached a record $93.9 billion, up 26 percent over August 2016 and 1 percent over July 2017. Company Results Harvard endowment returns 8.1% in fiscal year; CEO calls performance ’disappointing’ News Aggregation Team Tuesday, September 19, 2017 12:00 am http://ambankers.net/article/34661/harvard-endowment-returns-81-in-fiscal-year-ceo-calls-performance-amprsquodisappointingamprsquo As a result, HMC has largely exited internal management of public markets assets as of June 30. Company Results Corporate Pensions Report Largest Monthly Loss in August News Aggregation Team Thursday, September 14, 2017 12:00 am http://ambankers.net/article/34606/corporate-pensions-report-largest-monthly-loss-in-august The funded ratio for the Milliman 100 plans continues to teeter up and down during 2017. Company Results TD Bank Group has announced its financial results for the third quarter ended July 31, 2017. News Team Thursday, August 31, 2017 12:00 am http://ambankers.net/article/34409/td-bank-group-has-announced-its-financial-results-for-the-third-quarter-ended-july-31-2017 Third quarter reported earnings were $2.8 billion, up 17% compared with the same quarter last year. Company Results LPL Financial Reports Monthly Activity for July 2017 News Team Wednesday, August 16, 2017 12:00 am http://ambankers.net/article/34207/lpl-financial-reports-monthly-activity-for-july-2017 Total Net New Assets for July were $0.9 billion. Company Results