In|Vest 2018 Direct

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 here for full access to this and other In|Vest sessions.

Invest | Direct

Secondary markets

FHFA, Treasury amend GSE conservatorship agreements

The changes add some steps that would have to be taken before Fannie Mae and Freddie Mac could exit following statements from a Trump ally indicating plans for a near-term release.

By Bonnie Sinnock
Capital Markets Editor

January 2
Community banking

Patriot National recruits new president to assist with capital raise

The Stamford, Connecticut-based bank hired Steven Sugarman to be its president. The former bank CEO, who now heads one of the country's largest mission-based lenders, will help drive an effort to close a capital gap.

By John Reosti
Reporter

January 2
Climate change

Morgan Stanley is latest to leave climate-banking group

Bank of America, Citigroup, Wells Fargo and Goldman Sachs have also withdrawn from the Net-Zero Banking Alliance in the past month, as President-elect Donald Trump prepares to take office.

By Allissa Kline
Reporter

January 2
M&A

SouthState closes Texas acquisition, passing $50 billion of assets

The Florida company completed its purchase of Independent Bank, increasing its liability sensitivity and jumping to $65 billion in assets.

By Catherine Leffert
Reporter

January 2
Mathias Imbach

Mathias Imbach is the co-founder and group CEO of Sygnum. Prior to Sygnum, he was general manager at RNT Associates, where he led multiple venture capital and private equity investments and participated in blockchain and DLT-related equity deals globally. Mathias started his career at Bain & Company where he led advisory projects for private equity funds, family offices and technology companies. He holds a Ph.D. from the University of St. Gallen and a Master of Science from the London School of Economics, or LSE.

January 2
GSEs

Hedge fund billionaire certain of near-term GSE exit

Bill Ackman, founder of Pershing Square Capital Management, predicts Fannie Mae and Freddie Mac will be removed from conservatorship within the next two years.

By Maria Volkova
Reporter

January 2
Denise Tyson

Denise Tyson is the current founder and CEO of Schaefer City Technologies, an award-winning, innovative insurtech company delivering software solutions to help insurance and reinsurance companies and their defense counsel spot and avoid Nuclear Verdicts®. She holds extensive experience in the insurance industry, including insurtech start-ups, mergers/acquisitions, reorganizations, and financially challenging situations.

January 2
Artificial Intelligence

AI drives tech companies to take the nuclear option

Data center operators and users such as banks need to plan now for AI's growing power needs.

By Robin Arnfield

January 2
Fintech

Dave blasts DOJ over lawsuit but also plans changes to fee structure

After the U.S. government alleged that the cash-advance app doesn't make the cost of "tipping" clear to customers, the Los Angeles-based company said it would implement a new business model in early 2025.

By Catherine Leffert
Reporter

January 2
Samuel Tae

Samuel Tae is a principal at Ryan in the international tax group, specializing in global tax planning and structuring. He advises on both inbound and outbound tax matters and has extensive experience helping clients expand and optimize their global tax structures.

January 2