200% rise in Americans renouncing US citizenship
‘We can expect the rates to drop off a cliff’
US
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US targets wealthy tax evaders using Panama law firm
10 institutions including Wells Fargo Bank, BofA, HSBC and Citibank to receive summonses
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SEC cracks down on firms over regulatory breaches
US watchdog fines 27 firms nearly $1m for failing to meet requirements
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Vanguard acquires US wealthtech business
To offer direct indexing capabilities to financial advisers
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Can the US still deliver meaningful returns?
Rising inflation and interest rates are keeping investors on the fence
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Serving US expats is a ‘difficult area for advisers’
‘There is a huge amount of nervousness in UK businesses’ to take them on as clients
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Robinhood fined $70m for ‘systemic failures’
Millions of customers received ‘false or misleading information’, the US regulator said
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Julius Baer reaches $80m US settlement over Fifa case
Bank ‘pursued the profit it could make laundering corrupt funds’
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Global life insurer admits it helped US citizens hide $1.45bn
Company and its subsidiaries concealed the money in offshore insurance policies
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Investors still clinging to their US ‘security blankets’
Despite data showing an outflow of £1.6bn from US equities in Q1
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Global financial advice firm secures federal approval from SEC
In addition to the US, it has offices in the UAE, Switzerland and the UK
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US visa services firm hires senior director for India
She will shift the firm’s focus to include advising high net worth families