In|Vest 2018: Innovations & Digital Transformations in Wealth brings together the entire wealth management industry – including leaders in retail financial services, advisors and investors, insurers and asset managers, solution providers and consultants. Held in New York on July 10 and 11, 2018, the gathering facilitates honest discussion of the most important issues confronting the wealth management industry as digital transformation comes up against the reality of market execution. Interested in seeing more? Click
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Bank of America's second-quarter profit soared after its core Wall Street businesses exceeded analysts' expectations.
July 18
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For large banks, the agencies wanted to go above the global standards for residential mortgages, as well as some business loans, to avoid giving those lenders a competitive advantage over smaller peers, according to another person familiar with the proposal.
July 18
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The Wildflower Foundation is seeking to raise $10 million for its Sunlight Loan Fund, which supports teachers who want to provide broader access to Montessori education. U.S. Bank recently closed on the inaugural commitment to the fund.
July 17
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The companies are both tapping the U.S. investment-grade primary market, kicking off a potential deluge of fresh bank bonds in the wake of second-quarter earnings.
July 17
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Bill Loftus is a founding partner of Coastal Bridge Advisors. With a career spanning over 30 years, he has held senior executive positions at Merrill Lynch and Smith Barney as well at Coastal Bridge, which he co-founded in 2008.
His passions are financial education and philanthropy. He has been featured on Fox Business Channel and the Dow Jones Advisor Show.
July 17
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In a data breach at OpenAI, some ChatGPT users were able to see other users' financial data. In other cases, users have invoked their dead grandmothers to access information that should have been sealed off.
July 17
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Fatima Koning, Chief Commercial Officer at workspace provider IWG, is a proud champion for the hybrid model, and has helped firms around the world to embed it successfully.
July 17
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Scully, who founded and then eventually sold Howard Bank, will help the Rockville, Maryland-based Capital expand its footprint in the Washington, D.C., metro area.
July 17
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The group of banks would pay $68 million to settle the lawsuit, which originally estimated damages at $340 million.
July 17
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Republicans have urged the Supreme Court to gut the Consumer Financial Protection Bureau by tying its funding to appropriations. But regulatory experts say that a ruling against the CFPB would threaten the funding of other similarly structured agencies including the Federal Reserve Board, the Farm Credit System and other regulators that are funded through fees or assessments.
July 17
