Berger Financial Group, a Minnesota-based registered investment advisor with more than $3 billion in assets under management, has sold a majority stake to the Bahrain-based alternative investment giant Investcorp, in a move that will establish a beachhead for further acquisitions, the firms announced. Berger, founded in 1981, has grown both organically and through acquisitions to…
The film and TV catalog contains soundtracks from iconic movies and television shows such as the Spider-Man franchise, the Men in Black franchise, and LEGO Ninjago The transaction is expected to close in the fourth quarter of 2026 Anthem Entertainment is a global music rights management and publishing company based in Toronto and Nashville Influence…
Whether driven by retirements or re-configuration, the insurance industry is scrambling for tech talent. This article appears in the July/August issue of Global Finance Magazine. Caught between a wave of retirements and a weak talent pipeline short on tech-savvy candidates, the insurance industry faces a talent shortage that could affect its ability to address cyber…
RBC Capital Markets will pay $275,000 to settle FINRA charges that anti-money laundering procedures in its wealth management division could have missed suspicious transactions. According to the FINRA letter of acceptance, waiver and consent signed last week, the issues arose during a cycle exam by the brokerage self-regulatory organization. The lapses in question allegedly took…
Markets should be ‘on alert for a hike in September, particularly with war clouds pushing up energy prices again,’ one economist says
On July 24, 2026, China’s Ministry of Finance and State Taxation Administration issued landmark announcements that establish a comprehensive framework for imposing China’s individual income tax at a 20% rate on residents of China who transfer or have transferred property to or who receive distributions from offshore trusts (the New Rules). The issuance of the…
Carlos Aguilar Moncayo/Shutterstock Of all the spider species found in the U.S., black widows arguably illicit the most fear among both arachnophobes and non-arachnophobes alike. While they typically avoid humans, they can bite upon contact and release toxic venom. Just as brown recluse spider webs look different, black widows…
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Annie Messer The Pension Resource Institute LLC, an ERISA compliance and practice management firm, announced Tuesday the appointment of Annie Messer as its new president. Messer joined PRI in 2023 after 14 years leading retirement and fiduciary initiatives at Cambridge Investment Research. She most recently served as PRI’s president of member relations. Want the latest…
Watch out for these 4 major financial pitfalls.