In a significant move, the U.S. Securities and Exchange Commission (SEC) charged twelve high-profile financial firms, including industry titans such as Blackstone, Charles Schwab, and Apollo Capital Management, for failing to maintain records of employees' communications on both personal and
January 14, 2025The collapse of Dixon Advisory has sent shockwaves through Australia's financial advisory industry, leaving numerous clients in financial distress and raising serious questions about the regulatory framework governing wealth management practices. The Senate economics references committee’s i
January 14, 2025The United States job market is showing remarkable resilience as the economy heads into 2025. Despite high-interest rates, there is a palpable sense of optimism, particularly within the wealth management sector. This article delves into the recent employment trends, market reactions, and the
January 13, 2025In an era where the importance of privacy cannot be overstated, ensuring the protection of user data in the wealth management sector has become paramount. Hubbis, dedicated to providing high-quality and personalized financial services, stands out with its robust strategies to safeguard user
January 10, 2025In a move to enhance its open banking capabilities, Regions Bank has selected Axway’s Amplify Open Banking solution, targeting improvements in consumer banking, corporate banking, and wealth management services. Open banking facilitates secure sharing of clients' financial data between f
January 8, 2025Bank of America Corporation (NYSE: BAC), one of the world's largest and most influential financial institutions, must navigate a complex and increasingly uncertain financial landscape. With over $3 trillion in assets and a market capitalization of $354 billion, the bank commands significant
January 8, 2025