Banking Fiduciary

Latest News for: Banking fiduciary

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Who’s Responsible When Private Fund Investors Lose Out? Not Custodian Banks, Banking Group Says

Caixin Online 19 Mar 2019

A government-backed banking association has issued guidelines that exempt banks entrusted with looking after the assets of private funds from the responsibility of seeking redress from fund managers who end up owing money to their investors ... Its legal advisor said in a July article that custodian banks should not be held accountable as co-trustees....

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Eastern Bank Corporation Announces Record 2018 Financial Results

The Record 18 Mar 2019

BOSTON, March 18, 2019 /PRNewswire/ -- Eastern Bank, America's oldest and largest mutual bank, today announced record financial performance in 2018, following record financial performance in 2017 ... "Eastern once again posted record earnings in 2018," said Bob Rivers, Chair and CEO of Eastern Bank ... SOURCE Eastern Bank....

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Wilmington Trust Approved for Payment Institution License by Central Bank of France, Opens Paris Office

Daily Freeman 14 Mar 2019

Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Wilmington Trust Company, operating in Delaware only, Wilmington Trust, N.A., M&T Bank and certain other affiliates, provide various fiduciary and non-fiduciary services, including trustee, custodial, agency, investment management and other services....

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Essex Savings Bank names new addition

The Bulletin 14 Mar 2019

Essex Savings Bank announced the addition of James "Jim" Parker as a vice president and trust officer.Prior to joining Essex Trust, Parker was a senior fiduciary advisory specialist with anational bank. In that role, he was responsible for managing complex trust relationshipsincluding the management of several large private foundations ... ....

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Barron's Ranks Paul Pagnato #2 in Virginia on 2019 Top 1,200 Financial Advisors List

The Record 14 Mar 2019

"Through a fusion of family office services and True Fiduciary� standards, we are proud to help streamline the lives of entrepreneurs, CEOs, founders, and families." ... Family Office Fusion combines investment, planning, tax, legal, private banking, family coaching and lifestyle services for the ultra-high-net-worth....

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Doris P. Meister Recognized by Crain's New York Business as One of the "Most Notable ...

Daily Freeman 13 Mar 2019

Wilmington Trust's Wealth Advisory offers a wide array of personal trust, financial planning, fiduciary, asset management, private banking and family office services designed to help high-net-worth individuals and families grow, preserve, and transfer wealth....

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Doris P. Meister Recognized by Crain's New York Business as One of the "Most Notable Women in Banking and Finance"

Market Watch 13 Mar 2019

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Anonymity on the Blockchain: How to Control Your Digital Footprint

The Bitcoin News 13 Mar 2019

The difference between fiduciary (central-bank currencies) money and crypto is the lack of a centralised authority in the latter ... Bank of America for example protects data in 3 key ways, including authentication, encryption, and data integrity....

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Christie Joins Great Bay Services board of trustees

Fosters 12 Mar 2019

... Maine, said a spokesman.Christie is a vice president and relationship manager in the Wealth Management Division at Bangor Savings Bank in Portsmouth, focusing on trust administration and fiduciary law.“I wanted to give back to our community and joining the board is one ......

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Ex director of World Quant joins LATOKEN

Bitcoin Garden 12 Mar 2019

Previously Leonid Merkin used to be the head of World Quant’s office in Russia having 5 billions dollars in terms of fiduciary management. He also was Managing Director in Alfa-Bank, where he was leading HFT and Quantitative Analytics department; Global Head of Interest Rates ......

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Market Maker Sues Lawyer Over $4 Million BTC Transaction Gone Awry

Bitcoin 09 Mar 2019

The plaintiff is asking for injunctive relief, and accuses McDonald and McDonald Law of breaching fiduciary duty and fraud. GSR is also suing Wells Fargo, the bank providing the account into which the funds were deposited, for “aiding and abetting fraud.”....

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Plimoth Investment Advisors announces promotions

The Herald News 08 Mar 2019

PAWTUCKET, R.I ... G. Prue has been promoted to first vice president, head of fiduciary services and administration. Prue has more than 30 years of experience in banking, ... ....

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Northwestern Mutual Announces Sponsorship Of Milwaukee School Of Engineering To Enhance University's Computational Science Program

Market Watch 08 Mar 2019

... registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance)....