Avoid pitfalls with generation-skipping and dynasty trusts
For wealthy families looking to reduce potential estate taxes or protect assets for future generations, irrevocable “dynasty” or “generation-skipping” trusts can be valuable tools. However, creating and managing these trusts requires extensive intergenerational communication and flexible drafting to account for potential changes in state or federal tax laws. Dawn Jinsky, a certified financial planner and […]
ACCC hire Nalebuff to nail Mastercard
A Look into the Mastercard Trial in Sydney: Featuring Professor Barry Nalebuff The upcoming trial against Mastercard in the Federal Court in Sydney is gaining worldwide attention. Renowned economist and business theorist, Professor Barry Nalebuff, is set to appear as a witness. This particular trial is centered on the alleged anti-competitive practices of Mastercard during […]
Coinbase re-launches direct deposit option
Coinbase Reinstates Direct Deposit Services Recently, Coinbase, a leading cryptocurrency exchange, has officially re-launched its direct deposit service. This move comes approximately 18 months after the popular digital currency platform discontinued its previous paycheck deposit service in late 2024. The reintroduction of this service suggests that Coinbase is actively exploring avenues to diversify its revenue […]
The fraud hiding in plain sight at the application stage
In 2025, the National Fraud Database recorded an unprecedented 444,000 fraud cases. This staggering figure represents the highest annual total ever reported by Cifas, highlighting the enormity of the challenge faced by the industry. The UK’s Fraud Strategy 2026–29 acknowledges the scale of this problem, focusing primarily on the most visible threats such as unauthorised […]
Goldman chief of staff to leave bank in June
Russell Horwitz, Goldman Sachs Chief of Staff, to Depart at the End of June Russell Horwitz, the Chief of Staff at Goldman Sachs, is set to leave his position at the end of June, as announced in a memo seen by Banking Dive. A Long-Standing Career at Goldman Sachs Horwitz has had a remarkable career […]
Zip buy ZIP trade mark
Zip Co Secures Trademark Rights for ‘ZIP’ In a significant turn of events, Zip Co has successfully acquired the trademark ‘ZIP’ from Firstmac. This development comes after a lengthy legal battle and a recent appeal failure in the High Court. The acquisition not only saves Zip Co from potential embarrassment but also from the necessity […]
Clients put advisors on notice about sneaky AI use
The rise of artificial intelligence (AI) in financial planning is a trend that is gaining momentum, with more AI tools becoming available to advisors. However, a recent survey revealed that transparency is crucial when it comes to using AI in client interactions. According to the Janus Henderson 2026 Investor Survey on Perspectives on AI, 79% […]
Why JPMorgan Payments thinks like a fintech
JPMorgan Payments: The Fintech-Thinker in the World of Traditional Banking As the largest credit card issuer and merchant acquirer in the United States, JPMorgan Payments handles an impressive volume of transactions, processing about $12 trillion in payments daily. Despite its colossal size and traditional banking roots, the institution is making significant strides to emulate the […]
How one family has kept an NYC thrift on an even keel
Maspeth Federal Savings – A Testament to Generational Leadership Maspeth Federal Savings, a depositor-owned thrift in Queens, New York, has continuously demonstrated a steadfast commitment to its roots, even under the evolving dynamics of the banking industry. A second-generation family leadership upholds the bank’s core values and mutual status, leading to remarkable success and unbroken […]
Badly behaving London bankers can no longer resign immediately and get a new job
Banks in London Facing New Regulations on Misconduct Reporting Banks in London may not be the raucous places they once were, but not are they completely devoid of poor behaviour. When poor behaviour occurs and is reported, it’s standard practice for an HR department to embark upon an investigation. It’s then common for the offender […]