The UAE could come out very strongly from this
Is Dubai Still a Safe Haven for Portfolio Managers? Recent events in Dubai have raised concerns about the safety of the city as a haven for portfolio managers fleeing high taxes in Europe. However, despite the social media buzz and footage of drone attacks at Dubai airport, residents and portfolio managers in the city remain […]
6 trust drafting pitfalls advisors need to know
Understanding Trustee Responsibilities When it comes to estate planning, choosing a trustee is a critical decision that can impact the long-term success of managing assets and avoiding family conflicts. According to experts like Stein, some individuals may feel overwhelmed by the risks and responsibilities associated with being a trustee. This includes tasks such as asset […]
JPMorgan invests for new age of competition amid AI fears
In an investor presentation on Monday night, Jamie Dimon, the CEO of JPMorgan Chase, revealed that the bank plans to ramp up its investments by $9 billion this year, largely in artificial intelligence and other technological advances. This move comes as a response to the increasingly competitive banking environment, which the CEO described as the […]
Edward Jones gets FDIC’s nod for ILC charter
The Rise of Industrial Loan Companies: Edward Jones Receives FDIC Approval After a nearly six-year journey, investment firm Edward Jones has finally received approval from the Federal Deposit Insurance Corp. for an industrial loan company charter. This milestone marks a significant moment in the company’s evolution, as it paves the way for Edward Jones to […]
$1B AUM team hops from Merrill to Janney
Janney Montgomery Scott Welcomes New Team from Merrill Janney Montgomery Scott is excited to announce the addition of the Warren-Fantano Wealth Management team to their roster. This four-person team, previously from Merrill, is bringing their expertise and client assets to Janney’s new office in Middletown, Delaware, as well as an existing office in Lewes, Delaware. […]
Institutional crypto adoption remains flat in 2025: GlobalData
Stable Interest in Institutional Crypto Adoption Despite Stablecoin Boom The interest in operational crypto adoption by institutions remained unchanged between the first and second half of 2025, despite the significant growth in the use of stablecoins. A sentiment poll conducted globally revealed that just over 40% of insiders within the financial services (FS) industry have […]
How fintech SMB lenders are responding to tariff changes
Fintech Lenders Gear Up for Tariff Impacts on Small and Medium Businesses With the recent changes in the U.S. tariff policy, fintech lenders that serve small and medium-sized businesses (SMBs) are once again bracing for the impact. The U.S. is a significant market for many fintech lenders, including the Irish firm Wayflyer, which primarily services […]
Middle Eastern central banks respond to Iran crisis
Central Banks in the Middle East React to Iran Crisis The escalating conflict in Iran, following a joint missile attack by US and Israeli forces on February 28, has prompted swift reaction from central banks in the Middle East. The attack led to the death of Iran’s supreme leader, Ali Khamenei, and provoked a retaliatory […]
Is Block the first domino for AI-spurred layoffs? | PaymentsSource
Payment Companies and the Impact of AI Payment companies, including payment facilitators like Block, Adyen, Stripe, and PayPal, are facing significant challenges when it comes to customer support, disputes, and charge-backs. These issues account for almost a quarter of their costs and have traditionally required a labor-intensive approach. However, with the help of artificial intelligence […]
Raymond James has ‘zero cross-selling’ requirements: CEO
Raymond James: A Different Approach to Cross-Selling Unlike at other firms, cross-selling bank offerings like loans to wealth management clients isn’t mandatory at Raymond James, says CEO Paul Shoukry. Speaking Monday at Raymond James’ annual institutional investor conference, held this year in Orlando, Florida, Shoukry said Raymond James advisors often collaborate with the firm’s asset […]