The Americas Banking News Network http://ambankers.net/ Sun, 20 May 2018 14:23:45 BST part of MediaG8way Group http://ambankers.net/ http://ambankers.net/assets/images/logo.png The Americas Banking News Network KohanaPHP New Envestnet Insurance Exchange Integrates Insurance Solutions into Wealth Management Practice News Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37572/new-envestnet-insurance-exchange-integrates-insurance-solutions-into-wealth-management-practice Insurance solutions offer several advantages to goals-based investing including: tax deferral, death benefits, guaranteed income, principle protection and estate planning. Wealth and Asset Management RBC Wealth Management Aims to Build Diverse Advisor Force News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37575/rbc-wealth-management-aims-to-build-diverse-advisor-force The firm hired a dedicated recruiter to focus on bringing in more early-career and second-career candidates. Wealth and Asset Management The winners: Top Women in Asset Management Awards News Aggregation Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37555/the-winners-top-women-in-asset-management-awards The #MeToo movement has helped to not only uncover egregious abuses Wealth and Asset Management Iconiq Co-Founder Starts Rival Wealth Firm, Swipes at Conflicts News Aggregation Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37564/iconiq-co-founder-starts-rival-wealth-firm-swipes-at-conflicts Boeding’s Epiq Capital will cater to ultra-wealthy clientele Wealth and Asset Management Is Envestnet’s market dominance also its weakness? News Aggregation Team Tuesday, May 15, 2018 1:00 am http://ambankers.net/article/37541/is-envestnetamprsquos-market-dominance-also-its-weakness The always-opportunistic Envestnet insured itself a pole position in data aggregation and analytics, one of the sexiest tech areas in the business, by acquiring the innovative Silicon Valley firm Yodlee three years ago. Wealth and Asset Management Clients’ digital ways have advisers jumping headfirst into fintech News Aggregation Team Tuesday, May 15, 2018 1:00 am http://ambankers.net/article/37542/clientsamprsquo-digital-ways-have-advisers-jumping-headfirst-into-fintech Startup financial-technology companies, commonly referred to as “fintech” providers, typically offer clients financial-service products that are more cost effective and easier to access than traditional bank offerings. Wealth and Asset Management Stifel Buys The Business Bank of St. Louis News Aggregation Team Tuesday, May 15, 2018 1:00 am http://ambankers.net/article/37543/stifel-buys-the-business-bank-of-st-louis Stifel buys Business Bancshares, John Hyland joins Bitwise and Yield Street is offering marine finance investments. Wealth and Asset Management Bank of Hawaii partners with Japan-based SMBC Trust Bank News Aggregation Team Tuesday, May 15, 2018 1:00 am http://ambankers.net/article/37548/bank-of-hawaii-partners-with-japan-based-smbc-trust-bank The agreement includes discounted wire transfer services between Hawaii’s second-largest bank and SMBC Trust Bank Wealth and Asset Management Single-Family Offices Clandestine Investments In Private Companies News Aggregation Team Monday, May 14, 2018 1:00 am http://ambankers.net/article/37531/single-family-offices-clandestine-investments-in-private-companies As more and more single-family offices are participating in conclaves where entrepreneurs congregate, they are joining these gatherings while not disclosing they are single-family offices. Wealth and Asset Management Peter Raimondi and Partners Launch Dakota Wealth Management News Team Monday, May 14, 2018 1:00 am http://ambankers.net/article/37532/peter-raimondi-and-partners-launch-dakota-wealth-management Raimondi's new firm, launching with more than $600 million in client assets, offers bespoke portfolios and high-touch service Wealth and Asset Management MUFG Promotes Lindenberg to Lead Investment Banking Group for the Americas News Aggregation Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37591/mufg-promotes-lindenberg-to-lead-investment-banking-group-for-the-americas "This is a well-deserved promotion for Jon," said Cronin. "With more than 30 years of experience and a strong record of accomplishment, I am confident he can successfully lead our investment bank on the next phase of its journey. People Moves Schroders LatAm senior sales manager to join BlackRock News Aggregation Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37595/schroders-latam-senior-sales-manager-to-join-blackrock At Schroders, Rosemberg oversaw relationships with high net worth clients in private banking and financial advisory in Latin America, excluding Brazil and Mexico, from his base in Santiago. People Moves Kestra Private Wealth Services recruits experienced breakaway team News Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37597/kestra-private-wealth-services-recruits-experienced-breakaway-team The team, previously affiliated with Wells Fargo Advisors, oversees $300 million in assets under management. People Moves Wells Fargo Advisors Loses More FAs to Raymond James News Aggregation Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37559/wells-fargo-advisors-loses-more-fas-to-raymond-james "We’re very pleased to welcome Wayne and Steven, who share our values and longstanding philosophy that clients’ interests come first," People Moves Boston Private Wealth Names CIO, COO News Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37562/boston-private-wealth-names-cio-coo Both Ms. Saccocia and Mr. Anderson will report directly to Scott Dell’Orfano, President of Boston Private Wealth. People Moves Wealth Managers Join First Republic in San Francisco and Boston News Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37569/wealth-managers-join-first-republic-in-san-francisco-and-boston Wenner will work in First Republic’s San Francisco office at 111 Pine Street and Beard will be located at 160 Federal Street in Boston. People Moves Thirty Year Banking Veteran Sara Moran-Sam Hired to Lead Professional Bank's Dadeland Expansion News Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37570/thirty-year-banking-veteran-sara-moran-sam-hired-to-lead-professional-bankamp039s-dadeland-expansion Moran-Sam brings with her over thirty years of banking experience in South Florida. People Moves Baird snaps up 2 Wells Fargo advisors with more than $550M in assets News Aggregation Team Tuesday, May 15, 2018 1:00 am http://ambankers.net/article/37539/baird-snaps-up-2-wells-fargo-advisors-with-more-than-550m-in-assets The new hires are the latest additions to the firm’s wealth management segment. In early 2018 People Moves Coronadan Courtney Liddy Named A Managing Director With UBS News Aggregation Team Tuesday, May 15, 2018 1:00 am http://ambankers.net/article/37540/coronadan-courtney-liddy-named-a-managing-director-with-ubs Liddy has been providing financial and wealth management services to high net worth families, foundations, and businesses for over 25 years. People Moves $800M Merrill Lynch broker jumps to J.P. Morgan Securities News Aggregation Team Tuesday, May 15, 2018 1:00 am http://ambankers.net/article/37545/800m-merrill-lynch-broker-jumps-to-jp-morgan-securities Over the past year, J.P. Morgan Securities has pulled in a number of elite brokers and teams managing large books of business. People Moves SEC Charges Brokerage Firms and AML Officer With Anti-Money Laundering Violations News Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37598/sec-charges-brokerage-firms-and-aml-officer-with-anti-money-laundering-violations According to the SEC, from October 2013 to June 2014, Chardan, an introducing broker, liquidated more than 12.5 billion penny stock shares for seven of its customers and ICBCFS cleared the transactions. Legal, Regulation & Compliance Award Winners — Lawyers & Law Firms News Aggregation Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37592/award-winners-ampmdash-lawyers-ampamp-law-firms Firm of the Year 2018: Hogan Lovells Legal, Regulation & Compliance SEC Charges Owner of Alternative Investment Firm in Belize Airport Financing Scam News Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37596/sec-charges-owner-of-alternative-investment-firm-in-belize-airport-financing-scam The SEC’s complaint alleges that between 2014 and 2017, Brent Borland sold more than $21 million of promissory notes to dozens of investors Legal, Regulation & Compliance US to resume prosecutions of deliberate offshore tax avoiders News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37579/us-to-resume-prosecutions-of-deliberate-offshore-tax-avoiders US expats who have willfully failed to declare unpaid tax to the IRS have until September to come clean or once again risk prosecution as a key amnesty programme ends. Legal, Regulation & Compliance Essential Services For Private Client Lawyers Working With The Super-Rich And Family Offices News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37583/essential-services-for-private-client-lawyers-working-with-the-super-rich-and-family-offices While most legal services are becoming increasingly commoditized, there are many times significant differences in the quality of the work done by different private client lawyers. Legal, Regulation & Compliance Wealthy art consultant pleads guilty to lying on tax return News Aggregation Team Friday, May 11, 2018 1:00 am http://ambankers.net/article/37499/wealthy-art-consultant-pleads-guilty-to-lying-on-tax-return Lying on her tax return about Swiss bank accounts Legal, Regulation & Compliance Ex-NBA Star Sues Financial Adviser for Allegedly Stealing $17.4 Million of His Money News Aggregation Team Friday, May 11, 2018 1:00 am http://ambankers.net/article/37503/ex-nba-star-sues-financial-adviser-for-allegedly-stealing-174-million-of-his-money The suit claims Marquez began overseeing his account and, on several occasions, began investing Brown’s money into various projects and trading stocks without his permission. Legal, Regulation & Compliance Ex-JPMorgan Trader Latest Charged for Currency-Market Scam News Aggregation Team Friday, May 11, 2018 1:00 am http://ambankers.net/article/37521/ex-jpmorgan-trader-latest-charged-for-currency-market-scam Akshay Aiyer accused of conspiracy by U.S. Justice Department Legal, Regulation & Compliance IMDDA releases survey on sexual harassment in investment management News Team Thursday, May 10, 2018 1:00 am http://ambankers.net/article/37489/imdda-releases-survey-on-sexual-harassment-in-investment-management In response to the rise of the #MeToo movement, the IMDDA commissioned the anonymous survey with institutional investors in the winter of 2018. Legal, Regulation & Compliance Will Lawyers Become Extinct in the Age of Automation? News Aggregation Team Wednesday, May 09, 2018 1:00 am http://ambankers.net/article/37466/will-lawyers-become-extinct-in-the-age-of-automation The most enduring relationships in the legal profession are the ones where the client feels and believes the lawyer has their back. Legal, Regulation & Compliance The innovation wave for banks by Profile Software News Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37589/the-innovation-wave-for-banks-by-profile-software Latest technology and methodologies are utilised in its digital banking offering with a number of successful implementations around the world. FinTech Canadian £1.2bn robo targets UK pension wealth News Aggregation Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37599/canadian-amppound12bn-robo-targets-uk-pension-wealth The robo-adviser has raised £122 million in funding from investment firm Power Financial Group. FinTech Profile introduces Axia Robo Advisor that delivers unique automation to address new markets News Team Tuesday, May 15, 2018 1:00 am http://ambankers.net/article/37538/profile-introduces-axia-robo-advisor-that-delivers-unique-automation-to-address-new-markets The firms benefit, among others, from the sheer automation and flexibility of the platform to manage the full advisory process, its low operating cost and fast client acquisition while delivering “independent” advice with transparency. FinTech StatPro signs cloud conversion and extension deal for top 10 global fund administrator News Aggregation Team Monday, May 14, 2018 1:00 am http://ambankers.net/article/37534/statpro-signs-cloud-conversion-and-extension-deal-for-top-10-global-fund-administrator Fund administrators are increasingly required to provide a wide range of complex technologies to deliver the services that asset managers need. FinTech Bloomberg & Galaxy Digital Capital Management Introduce Bloomberg Galaxy Crypto Index News Team Thursday, May 10, 2018 1:00 am http://ambankers.net/article/37507/bloomberg-ampamp-galaxy-digital-capital-management-introduce-bloomberg-galaxy-crypto-index The BGCI is market capitalization-weighted and measures the performance of ten USD-traded cryptocurrencies, including Bitcoin, Ethereum, Monero, Ripple, and Zcash. FinTech Schwab ramps up RIA tech and digital innovation News Aggregation Team Wednesday, May 09, 2018 1:00 am http://ambankers.net/article/37480/schwab-ramps-up-ria-tech-and-digital-innovation Teams will be tasked with developing better digital experiences for retail investors and advisors. The firm did not disclose the amount it was investing in developing these hubs. FinTech The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers News Aggregation Team Wednesday, May 09, 2018 1:00 am http://ambankers.net/article/37475/the-wealthy-are-hoarding-10-billion-of-bitcoin-in-bunkers His startup, Xapo, has built a network of underground vaults on five continents, including one in a decommissioned Swiss military bunker. FinTech Bitcoin trading comes to Goldman Sachs after investment bank hires first cryptocurrency trader News Aggregation Team Friday, May 04, 2018 1:00 am http://ambankers.net/article/37423/bitcoin-trading-comes-to-goldman-sachs-after-investment-bank-hires-first-cryptocurrency-trader The operation, led by the firm's first ever "digital assets" trader Justin Schmidt, is expected to begin within the next few weeks, though an exact date has not been set. FinTech Amazon CEO Implies Spending His Billions on Space Travel Is Philanthropic News Aggregation Team Thursday, May 03, 2018 1:00 am http://ambankers.net/article/37405/amazon-ceo-implies-spending-his-billions-on-space-travel-is-philanthropic Unabashedly, Bezos responded to Dopfner’s query, saying “The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel. That is basically it.” FinTech Why Even U.S. Wealth Managers Should Care About GDPR News Aggregation Team Thursday, May 03, 2018 1:00 am http://ambankers.net/article/37408/why-even-us-wealth-managers-should-care-about-gdpr The implementation of GDPR may seem scary, but it really isn’t all doom and gloom. FinTech JP Morgan Asset Management Partners With iCapital Network News Aggregation Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37584/jp-morgan-asset-management-partners-with-icapital-network As we get later in the economic cycle, identifying alternative sources of return is an essential consideration for investors looking to build stronger portfolios. Alternative Investments Hedge fund Pagoda Asset Management shutting after four years -source News Aggregation Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37590/hedge-fund-pagoda-asset-management-shutting-after-four-years-source Pagoda notified investors of its decision to shut down by letter on Thursday. A representative for the firm declined to comment. Alternative Investments Guggenheim 2Q Fixed-Income Outlook: Preparing for Long-Awaited Choppier Markets News Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37573/guggenheim-2q-fixed-income-outlook-preparing-for-long-awaited-choppier-markets As we approach the turn in the credit cycle, our portfolio managers have been shortening portfolio duration and opportunistically moving up in credit. Alternative Investments The Global Luxury Real Estate Report News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37578/the-global-luxury-real-estate-report Luxury Defined, Christie’s International Real Estate’s sixth annual white paper, seeks to answer these questions and provide exclusive insights into the world’s greatest luxury property markets. Alternative Investments Silicon Valley Bank to open office in Germany with Deutsche alumna News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37580/silicon-valley-bank-to-open-office-in-germany-with-deutsche-alumna About 50 percent of all venture capital-backed tech and life science companies in the U.S. are among its customers. In the first quarter of 2018, the average credit volume was $23.8 billion. Alternative Investments Fed is ‘one decision away’ from hammering Treasurys, says bond fund manager News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37585/fed-is-amplsquoone-decision-awayamprsquo-from-hammering-treasurys-says-bond-fund-manager If the Fed moves away from its policy of forward guidance, the selloff in longer-dated bonds may have more room to run. Alternative Investments Natixis hunts for hires in LatAm wealth market drive News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37587/natixis-hunts-for-hires-in-latam-wealth-market-drive The program led to the repatriation of more than $17 billion, opening up an opportunity to offer onshore, tax-efficient products. Alternative Investments Carolina Panthers sold to hedge fund founder News Aggregation Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37567/carolina-panthers-sold-to-hedge-fund-founder The Carolina Panthers just got a new billionaire owner. Alternative Investments Janney lands team that oversaw $2B News Aggregation Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37574/janney-lands-team-that-oversaw-2b Glasgow, an industry veteran of 27 years, also has past work experience at Morgan Stanley and Paine Webber. Alternative Investments U.K. Launches Fund to Stop Companies Heading to U.S. for Capital News Aggregation Team Tuesday, May 15, 2018 1:00 am http://ambankers.net/article/37546/uk-launches-fund-to-stop-companies-heading-to-us-for-capital The average U.K. venture capital fund is one third smaller than in the U.S., and many British companies “get on a plane and fly” there seeking capital, Lewis La Torre said in an interview. Alternative Investments JPMorgan and eBay under fire over shareholder meetings News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37577/jpmorgan-and-ebay-under-fire-over-shareholder-meetings Companies are among those trying to halt a burgeoning campaign to increase oversight Investment Banking JPMorgan Applies for China Venture Control After Dimon Visit News Aggregation Team Friday, May 11, 2018 1:00 am http://ambankers.net/article/37525/jpmorgan-applies-for-china-venture-control-after-dimon-visit JPMorgan Brokering (Hong Kong) Ltd. is seeking permission to take a 51 percent stake in a local entity Investment Banking Scotiabank to acquire 51% of Banco Cencosud in Peru News Team Thursday, May 10, 2018 1:00 am http://ambankers.net/article/37486/scotiabank-to-acquire-51-of-banco-cencosud-in-peru "This transaction also aligns to Scotiabank's broader international strategy to increase scale in the Pacific Alliance economies of Mexico, Peru, Chile and Colombia." Investment Banking Deutsche Bank Denies Planning to Cut U.S. Workforce by 20 Percent News Aggregation Team Wednesday, May 09, 2018 1:00 am http://ambankers.net/article/37459/deutsche-bank-denies-planning-to-cut-us-workforce-by-20-percent Germany's flagship lender was expected to cut about 1,000 jobs, or 10 percent of its staff in the United States Investment Banking Endowment Plans Beat First Dip in Plan Sponsor Returns Since 3Q 2016 News Team Tuesday, May 08, 2018 1:00 am http://ambankers.net/article/37452/endowment-plans-beat-first-dip-in-plan-sponsor-returns-since-3q-2016 In a reversal from 4Q 2017, corporate and health care plans underperformed, with quarterly returns of -478bp, and -432bp respectively. Investment Banking AllianceBernstein to bring 1,000 jobs to Nashville, boost city's financial stature News Aggregation Team Thursday, May 03, 2018 1:00 am http://ambankers.net/article/37401/alliancebernstein-to-bring-1000-jobs-to-nashville-boost-cityamp039s-financial-stature “This is literally the global headquarters of a major financial firm that is coming to Nashville. We are incredibly grateful you have chosen us." Investment Banking BofA not pushing for investment banking in China News Aggregation Team Friday, April 27, 2018 1:00 am http://ambankers.net/article/37320/bofa-not-pushing-for-investment-banking-in-china China plans to allow foreign firms to take majority stakes in securities JVs this year. Investment Banking Deutsche Bank calls time on Wall Street in retreat to Europe News Aggregation Team Friday, April 27, 2018 1:00 am http://ambankers.net/article/37336/deutsche-bank-calls-time-on-wall-street-in-retreat-to-europe Other European banks have also tried and failed over the years, often hiring bankers at great cost or buying smaller Wall Street players in the hope of gaining critical mass. Investment Banking Deutsche Bank profit tumbles 79% amid big overhaul News Aggregation Team Thursday, April 26, 2018 1:00 am http://ambankers.net/article/37309/deutsche-bank-profit-tumbles-79-amid-big-overhaul The bank's companywide revenues declined 5% to EUR7 billion in the quarter. Investment Banking Chase to open hundreds of offices in U.S. even as rivals abandon bank branches News Aggregation Team Sunday, April 22, 2018 1:00 am http://ambankers.net/article/37257/chase-to-open-hundreds-of-offices-in-us-even-as-rivals-abandon-bank-branches The new branches will mean households and businesses in the region can tap Chase for mortgages and small-business loans, establishing a regional lending footprint that the company estimates will reach $4 billion by 2023. Investment Banking Vatican warns of 'profoundly amoral culture' in global finance News Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37593/vatican-warns-of-amp039profoundly-amoral-cultureamp039-in-global-finance That is why the Church sets before the world the ideal of a ‘civilization of love’. Comment, Analysis & Research Steve Eisman: beware Canada’s property bubble News Aggregation Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37594/steve-eisman-beware-canadaamprsquos-property-bubble “There’s a housing bubble in Canada, which is starting to break.” As a result, he is shorting several Canadian financial stocks. Comment, Analysis & Research Less Than 1/4 of Americans Plan to Use Professional Help for Inheritance News Aggregation Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37600/less-than-14-of-americans-plan-to-use-professional-help-for-inheritance The challenge is to do a better job of educating their customers on wealth and retirement topics. Comment, Analysis & Research What Aging HNW Clients Mean for Wealth Management News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37576/what-aging-hnw-clients-mean-for-wealth-management By 2026 more than half of the country’s millionaires will be over 65 Comment, Analysis & Research The SEC created a fake ICO website to show just how easy it is to scam investors News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37581/the-sec-created-a-fake-ico-website-to-show-just-how-easy-it-is-to-scam-investors When users press the “Buy Coins Now” button, they are instead directed to page at another SEC site -- this one with investor education tools and tips. Comment, Analysis & Research Revealed: The world's largest banks by assets News Aggregation Team Thursday, May 17, 2018 1:00 am http://ambankers.net/article/37582/revealed-the-worldamp039s-largest-banks-by-assets This is up $1.727 trillion since last year’s ranking, with half of this growth due to a strengthening yuan against the US dollar. Comment, Analysis & Research UAE ‘as competitive’ for international wealth as the US News Aggregation Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37554/uae-amplsquoas-competitiveamprsquo-for-international-wealth-as-the-us Deloitte compares the centres based on business environment, provider capability, stability, and tax and regulation. Comment, Analysis & Research As Digitization Raises the Stakes, Investment Banks Must Raise Their Games News Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37566/as-digitization-raises-the-stakes-investment-banks-must-raise-their-games Despite Recent Revenue Uptick, Continuing Migration to Digital Services and Business Models Is Pressuring Banks to Be More Client Centric, Attract Fresh Talent, and Become More Agile, Says Report by The Boston Consulting Group Comment, Analysis & Research The Wealth-X Billionaire Census 2018 News Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37560/the-wealth-x-billionaire-census-2018 The report attributes this significant increase in wealth to a synchronized upturn in the world economy and climbing equity markets. Comment, Analysis & Research Five Predictions On The Future Of Wealth Management News Aggregation Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37563/five-predictions-on-the-future-of-wealth-management From robo-advisors and the digital transformation to shifting demographics within advisories themselves, here are five of the biggest changes that we see on the horizon for wealth managers across the board. Comment, Analysis & Research Andersen Global Continues Expansion in Canada News Team Friday, May 18, 2018 1:00 am http://ambankers.net/article/37588/andersen-global-continues-expansion-in-canada The firm also provides U.S. Federal and state and Canadian tax return preparation services for individuals and businesses. Tax Trump Tax Overhaul Doubles Estate-Tax Exemption for Super-Rich News Aggregation Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37561/trump-tax-overhaul-doubles-estate-tax-exemption-for-super-rich Dynasty trusts let the richest Americans protect and preserve wealth for generations, while minimizing tax bills. Tax Post Tax Act Planning Key For HNW Clients After A Spouse’s Death News Aggregation Team Monday, May 14, 2018 1:00 am http://ambankers.net/article/37529/post-tax-act-planning-key-for-hnw-clients-after-a-spouseamprsquos-death The new tax law does create estate planning opportunities to trim other taxes. Tax New Tax Law Means More Money, More Problems for T&E Lawyers News Aggregation Team Thursday, May 10, 2018 1:00 am http://ambankers.net/article/37490/new-tax-law-means-more-money-more-problems-for-tampampe-lawyers Trusts and estate lawyers are facing high-class problems, EP Wealth Advisors names a new CEO and 280 CapMarkets launches 280 BestX document support. Tax A Toronto realtor has been named in whistleblower's list of secret Swiss bank clients News Aggregation Team Wednesday, May 09, 2018 1:00 am http://ambankers.net/article/37460/a-toronto-realtor-has-been-named-in-whistlebloweramp039s-list-of-secret-swiss-bank-clients Stankovic's name was revealed as part of a large cache of private financial data copied by an employee of HSBC Private Bank in Switzerland and seized by French police Tax Crowe Horwath International announces global rebrand of all member firms News Team Wednesday, May 09, 2018 1:00 am http://ambankers.net/article/37476/crowe-horwath-international-announces-global-rebrand-of-all-member-firms Crowe will thrive in a rapidly changing world through our clear strategic vision, new common brand and the commitment of our members. Tax What’s Next for U.S. Taxpayers with Undisclosed Foreign Assets? News Aggregation Team Thursday, May 03, 2018 1:00 am http://ambankers.net/article/37403/whatamprsquos-next-for-us-taxpayers-with-undisclosed-foreign-assets There are still many clients who are not aware of their disclosure and reporting obligations. Tax The Right Trust Can Yield Tax Advantages For Wealthy Clients News Aggregation Team Tuesday, May 01, 2018 1:00 am http://ambankers.net/article/37372/the-right-trust-can-yield-tax-advantages-for-wealthy-clients The possible benefit of a non-grantor trusts “is new, complicated and very different. Tax British lawyer found guilty in $14m US tax saga News Aggregation Team Wednesday, April 25, 2018 1:00 am http://ambankers.net/article/37285/british-lawyer-found-guilty-in-14m-us-tax-saga A British lawyer has been convicted of helping a wealthy family hide millions in Swiss bank accounts. Tax A hedge-fund manager owes $1 billion in taxes after a loophole catastrophically closed News Aggregation Team Friday, April 13, 2018 1:00 am http://ambankers.net/article/37163/a-hedge-fund-manager-owes-1-billion-in-taxes-after-a-loophole-catastrophically-closed John Paulson will have to pay $1 billion in taxes this year because of a tax loophole that is now closed. Tax The best of the best: RBI 2018 Global Awards winners revealed News Aggregation Team Wednesday, May 16, 2018 1:00 am http://ambankers.net/article/37556/the-best-of-the-best-rbi-2018-global-awards-winners-revealed It was a good night for Emirates NBD with three awards and for Royal Bank of Canada with two wins. Retail Banking Stifel buys The Business Bank of St. Louis News Team Friday, May 11, 2018 1:00 am http://ambankers.net/article/37513/stifel-buys-the-business-bank-of-st-louis The Business Bank of St. Louis was founded in 2002 and operates a full-service banking facility from a single location in Clayton, Missouri. Retail Banking First Foundation Launches Corporate Banking Offering News Team Wednesday, March 21, 2018 12:00 am http://ambankers.net/article/36809/first-foundation-launches-corporate-banking-offering Firm Strengthens Its Commercial Banking Solution by Launching Dedicated Offering and Making Strategic Appointments and Promotions Retail Banking F.N.B. Corporation Again Recognized by Greenwich Associates for Excellence in Banking News Team Wednesday, February 21, 2018 12:00 am http://ambankers.net/article/36450/fnb-corporation-again-recognized-by-greenwich-associates-for-excellence-in-banking Greenwich Associates is a leading global provider of market intelligence and advisory services to the ļ¬nancial services industry. Retail Banking Bank of Hawaii posts 4Q profit News Team Monday, January 22, 2018 12:00 am http://ambankers.net/article/36100/bank-of-hawaii-posts-4q-profit 2017 Earnings Reaches Record of $4.33 Per Diluted Share Retail Banking San Francisco advances toward launching a public bank News Aggregation Team Sunday, December 03, 2017 12:00 am http://ambankers.net/article/35583/san-francisco-advances-toward-launching-a-public-bank Public banks are also gaining traction in the era of legalized recreational cannabis. Retail Banking CIBC fourth-quarter earnings beat expectations as TD’s results fall short News Aggregation Team Thursday, November 30, 2017 12:00 am http://ambankers.net/article/35574/cibc-fourth-quarter-earnings-beat-expectations-as-tdamprsquos-results-fall-short CIBC reported its quarterly profit got a 25-per-cent bump thanks to ‘strong performance’ in the U.S. after CIBC’s purchase of PrivateBancorp. Retail Banking BNP Paribas targets US M&A growth with cross-selling pact News Aggregation Team Monday, November 27, 2017 12:00 am http://ambankers.net/article/35532/bnp-paribas-targets-us-mampampa-growth-with-cross-selling-pact Bank hopes closer ties between its commercial and investment banking teams in North America can generate 4% revenue growth by 2020 Retail Banking Compass House honors HSBC Bank with its Corporate Champion Award News Aggregation Team Monday, November 20, 2017 12:00 am http://ambankers.net/article/35464/compass-house-honors-hsbc-bank-with-its-corporate-champion-award Who led the company’s volunteer efforts Retail Banking RBC To Launch Its Own Robo-Adviser Business News Aggregation Team Wednesday, November 15, 2017 12:00 am http://ambankers.net/article/35417/rbc-to-launch-its-own-robo-adviser-business RBC Knows That A Growing Number Of Canadians Are Looking For A Digital Investing Solution Retail Banking Pritzker Group Plans to Raise a $1.5 Billion Private-Equity Fund News Aggregation Team Wednesday, October 25, 2017 1:00 am http://ambankers.net/article/35118/pritzker-group-plans-to-raise-a-15-billion-private-equity-fund The duo have already invited other wealthy families to co-invest in private-equity deals New Products & Services Ex-HMC Portfolio Manager Fellas Said To Be Launching Crypto-Focused Hedge Fund News Aggregation Team Friday, August 18, 2017 1:00 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 1:00 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 1:00 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 1:00 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 1:00 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 1:00 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 1:00 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 Fiera Capital reports first quarter 2018 results News Team Friday, May 11, 2018 1:00 am http://ambankers.net/article/37522/fiera-capital-reports-first-quarter-2018-results Revenues for the first quarter decreased by $22.0 million, or 16%, compared to $142.0 million from the previous quarter. Company Results Rumors on TheStreet: Goldman Sachs CEO Hints at a Sales Breakout News Aggregation Team Wednesday, May 09, 2018 1:00 am http://ambankers.net/article/37462/rumors-on-thestreet-goldman-sachs-ceo-hints-at-a-sales-breakout Sales at Goldman Sachs could be poised to get stronger, suggests one well-known banking analyst. Company Results LPL Retains 59 Percent of NPH Advisors, $75 Billion of AUM News Aggregation Team Friday, May 04, 2018 1:00 am http://ambankers.net/article/37430/lpl-retains-59-percent-of-nph-advisors-75-billion-of-aum The firm was not able to transfer over a minimum of 72 percent in advisor production from NPH, so it won’t have to shell out a contingent payment. Company Results Rokos Overtakes Howard as Billionaire's Clients Pull Money News Aggregation Team Wednesday, May 02, 2018 1:00 am http://ambankers.net/article/37396/rokos-overtakes-howard-as-billionaireamp039s-clients-pull-money Brevan Howard’s AUM have dropped more than 75% from their peak Company Results Stifel reports 'strongest first quarter performance' in company history News Aggregation Team Monday, April 30, 2018 1:00 am http://ambankers.net/article/37360/stifel-reports-amp039strongest-first-quarter-performanceamp039-in-company-history Brokerage revenue climbed nearly 10 percent year-over-year to $264 million, while investment banking revenue grew 39 percent to $176.4 million. Company Results Sun Life Plots Private Debt Growth Via Acquisition This Year News Team Thursday, April 26, 2018 1:00 am http://ambankers.net/article/37308/sun-life-plots-private-debt-growth-via-acquisition-this-year Canadian insurer investment arm plans a number of acquisitions Company Results Lazard Ltd Reports First-Quarter 2018 Results News Team Thursday, April 26, 2018 1:00 am http://ambankers.net/article/37315/lazard-ltd-reports-first-quarter-2018-results First-quarter 2018 net income on a U.S. GAAP basis was $160 million, or $1.21 per share (diluted). Company Results Global Investor Confidence Rose in April by 3.0 points to 114.5 News Aggregation Team Wednesday, April 25, 2018 1:00 am http://ambankers.net/article/37292/global-investor-confidence-rose-in-april-by-30-points-to-1145 It measures investor confidence or risk appetite quantitatively by analyzing the actual buying and selling patterns of institutional investors. Company Results Addepar Surpasses $1 Trillion in Assets on Its Platform News Team Wednesday, April 25, 2018 1:00 am http://ambankers.net/article/37301/addepar-surpasses-1-trillion-in-assets-on-its-platform Addepar Doubles Assets in 18 Months and Doubles Down on Expansion Plans Company Results Wealth management profits jump 40% at U.S. Bank News Aggregation Team Thursday, April 19, 2018 1:00 am http://ambankers.net/article/37230/wealth-management-profits-jump-40-at-us-bank U.S. Bank's wealth management and investment services are delivered through five distinct businesses, including U.S. Bancorp Wealth Management. Company Results