Browsing: Wealth Management

Newsbytes

The FDIC board today approved a proposal to simplify the deposit insurance rules for deposits of trusts and mortgage servicing accounts. Comments on the proposal will be due 60 days after publication in the Federal Register, and the American Bankers Association will file a comment letter.

Newsbytes

In response to concerns raised by industry stakeholders including the American Bankers Association, the Department of Labor will revisit its recent final rules regarding environmental, social or governance investing and a fiduciary’s proxy voting activity under the Employee Retirement Income Security Act

Wealth Management

2020 summoned up all the resources a wealth adviser could provide. The investments banks made in client communications and digital transformation are likely to serve them well in 2021.

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