Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth
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HSBC hopes to leapfrog rivals with new China partnership | Reuters

HSBC hopes to leapfrog rivals with new China partnership | Reuters | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
HSBC is seeking to overtake Western rivals in the race for a slice of China's $4 trillion onshore bond market thanks to an investment banking partnership with a state-owned investor it
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UBS Adds Israel Wealth Bankers as Tech Boom Breeds Millionaires

UBS Adds Israel Wealth Bankers as Tech Boom Breeds Millionaires | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
UBS Group AG is adding staff to its wealth-management business in Israel as a boom in the country’s technology industry turns a growing number of entrepreneurs into millionaires.
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U.S. Probes Treasuries Niche That Some Investors Claim Is Rigged

U.S. Probes Treasuries Niche That Some Investors Claim Is Rigged | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
U.S. officials investigating the $12.8 trillion market for U.S.
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Banking Giants Learn Cost of Preventing Another Lehman Moment

Banking Giants Learn Cost of Preventing Another Lehman Moment | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
Banking behemoths led by HSBC Holdings Plc and JPMorgan Chase & Co. now know the cost they’ll have to shoulder so the global financial system doesn’t have another Lehman moment.
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Advisers ready for Life Insurance Framework

Advisers ready for Life Insurance Framework | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
Just under two-thirds of risk advisers consider themselves prepared for next year’s Life Insurance Framework (LIF) changes.
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Billionaire investors focused on THIS: Wealth manager

Ultra high net worth investors are making long-term bets on novel cancer therapies, UBS Wealth Management's Simon Smiles said Wednesday.
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Mario Gabelli: Why I bought more shares of THIS

Billionaire value investor Mario Gabelli revealed on CNBC's "Fast Money: Halftime Report" that he recently bought about 300 additional shares of Netflix.
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The year's hottest sector shows no sign of slowing

Consumer discretionary has significantly outperformed every other S&P sector this year. Will these hot stocks continue the winning streak?
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Altman: Bond activity is no sign of upward economy

Strength in the corporate bond market last month is not necessarily a sign the economy will improve significantly, Roger Altman said Monday.
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Misbehaving banks have now paid $200B+ in fines

Misbehaving banks have now paid $200B+ in fines | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
Regulators have been out for blood against banks for conduct both before the crisis and since.
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Advisers who up the ante with tech have bigger books of business

Advisers who up the ante with tech have bigger books of business | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
Those who embrace change and use online tools engage more with clients.
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What financial advisors look for in an advisor

What financial advisors look for in an advisor | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
Need a financial advisor? CNBC queried several industry pros on the most important qualities to seek when choosing a financial professional.
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Deutsche Bank Said to Near $200 Million Sanctions Settlement

Deutsche Bank AG is close to settling a regulatory probe into alleged violations of U.S. sanctions laws, probably paying about $200 million, according to a person briefed on the matter.
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HSBC Too Big to Stay in the UK?

LONDON-- As HSBC Holdings PLC's board weighs whether to quit London, it faces one key question: Is the bank too big to stay? Earlier this year HSBC's.
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Barclays names Jes Staley as new chief executive - BBC News

Barclays names Jes Staley as new chief executive - BBC News | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
Barclays confirms that former JP Morgan banker James
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Are You Digitally Distracted?

Financial Advisor Magazine created exclusively for advisors by highly experienced editorial and publishing teams.
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Resolving Client Disputes

Resolving Client Disputes | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
Financial Advisor Magazine created exclusively for advisors by highly experienced editorial and publishing teams.
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Life Insurers Admit To Offering 'Kickbacks,' Says Elizabeth Warren

U.S. Senator Elizabeth Warren launched an investigation into 15 major annuity providers amid concerns about the incentives offered to brokers selling retirement products.
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The Guy Plaguing Private Equity on Tax Now Targets Capital Gains

Victor Fleischer, a law professor known for the crusade to end a tax break on carried interest, suggests Congress do away with the favorable tax rate for capital gains altogether.
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Lazard profit beats forecast after busy quarter for M&A - Yahoo Finance

From Yahoo Finance: Lazard Ltd, a financial advisory and asset management firm, reported a better-than-expected profit and record quarterly operating revenue after advising on several billion-dollar deals.
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How Berkshire Hathaway Escaped Warren Buffett Stock Picks This Week - 24/7 Wall St.

Source: White House Photo by Pete SouzaInvestors still love to watch every single move of Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A).
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Bank of America's Comeback Continues -- The Motley Fool

For the first time since the financial crisis, Bank of America has reported solid profits for four consecutive quarters.
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JPMorgan just scored a big win over Silicon Valley in its new Starbucks deal - Quartz

In his annual letter to shareholders in April, JPMorgan CEO Jamie Dimon warned that "Silicon Valley is coming" for the banking industry, specifically cited the lending and payments industry as two areas where his bank was seeing increasing...
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Blythe Masters on blockchain - Business Insider

Blythe Masters on blockchain - Business Insider | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
Blythe Masters thinks Wall Street banks will eventually accept blockchain technology, even if it takes five or 10 years.
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Deutsche Bank transfers $6-billion to a client by mistake: report - The Globe and Mail

Deutsche Bank transfers $6-billion to a client by mistake: report - The Globe and Mail | Wealth Advisors Report - Accumulating, Preserving, and Transitioning Wealth | Scoop.it
Erroneously paid the funds to a U.S. hedge fund client after a junior trader processed the wrong figure
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Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.