Dynasty accuses Merrill of ‘bad faith’ in fight over FINRA arbitration
Dynasty Financial Partners accused Merrill of acting in “bad faith” in a court filing Thursday in an escalating legal dispute over whether the RIA network agreed to FINRA arbitration tied to last year’s mammoth departure of the OpenArc advisory team. Processing Content In its filing in federal court in Georgia, Dynasty denied Merrill’s allegations that […]
What advisors should prioritize when evaluating tech purchases
Financial advisors considering options from the growing universe of technology vendors should start with outcomes, not features, and scrutinize how well new tools would integrate with their existing stack, industry executives said at the T3 Conference. Processing Content That was the focus of the “From Prospecting to Annual Review: How Al Is Transforming Wealth Management” […]
Banking Associate (40) – Chatham – Bilingual Spanish Preferred
Join the TD Bank Team as a Banking Associate in Chatham, New Jersey TD Bank is on the search for a skilled and customer-oriented individual to join their team as a Banking Associate. This opportunity is based in the charming town of Chatham, New Jersey, United States of America. Being part of TD Bank means […]
AI vs dirty money: Using open‑source intelligence to expose illicit financial flows
Unmasking Illicit Financial Flows: The Role of Open-Source Intelligence Illicit financial proceeds from criminal activities or evasive sanctions have the potential to stain every financial institution they touch. The failure of these organisations to identify and mitigate the risks posed by financial crimes can lead to severe penalties. In the UK, for example, the Financial […]
HSBC’s 20,000 potential AI job cuts could be duplicated at Goldman Sachs & Citi
HSBC Utilizing AI for Job Cuts – A Deep Dive HSBC, a global banking giant, has been no stranger to significant job cuts in recent years. From former CEO Stuart Gulliver’s plan to cut 50,000 jobs in 2015 to Noel Quinn’s announcement of 35,000 job cuts in 2020, the bank has been on a mission […]
Indie firms winning advisors but other firms can catch up
With tens of thousands of financial advisors on the move each year, every wealth management channel should take cues from the independent firms that are attracting them, a new study said. The Rise of Independent Firms in Wealth Management An estimated 25,443 advisors managing $3.06 trillion in client assets switched firms through recruiting and M&A […]
High LVR demand takes off with 5% scheme
The Surge in High LVR Borrowing and its Implications The landscape of Australian housing loans has seen a significant shift in recent years. One of the standout trends is the increase in high loan-to-valuation-ratio (LVR) borrowing, particularly since the inception of the Australian Government’s 5% Deposit Scheme in October 2025. This new development has sparked […]
Why Vast Bank is advancing on tokenized deposits
Vast Bank Prepares for Tokenized Deposit Launch Vast Bank, a progressive player in digital banking innovation, is set to launch a retail tokenized deposit offering this year. This is in line with the growing interest among banks in digital assets, while still maintaining the trust and stability inherent in traditional deposit systems. The move is […]
Michigan’s Independent ends M&A drought with in-state deal
Independent Bank Corp. Acquires In-State Competitor HCB Bancorp Independent Bank Corp., a Grand Rapids, Michigan-based company, has announced a $70.2 million deal to acquire HCB Bancorp, a $590 million-asset company based in Hastings, Michigan. This move marks a significant leap in Independent’s growth strategy, as it expands its footprint in the state and gains a […]
UBS’s “brief” tech outage may have lasted three hours and been caused by an oversight
UBS Technology Outage: What Really Happened? On Tuesday, UBS experienced a technology outage that impacted some of its trading business. The incident, as reported on Wednesday, was resolved within the day. All seems to be back to normal now, but the outage occurred during a challenging time amidst the volatility caused by the ongoing war […]