Remove companies first-citizens-bank-trust-company
article thumbnail

Silicon Valley Bank’s Failure: Lessons for Private Business Owners and Directors

Chris Mercer

This post was originally written for Mercer Capital’s Family Business Director Blog and offered advice to family business directors based on my observations following the failure of Silicon Valley Bank on March 10, 2023. This failure was followed by Signature Bank on March 12, 2023, and First Republic Bank on May 1, 2023.

Banking 98
article thumbnail

Investment Banking in Hong Kong: The Financial Center of the Future World Order?

Brian DeChesare

The first thing to understand about investment banking in Hong Kong is that it’s unlikely you’ll ever be able to work in investment banking in Hong Kong. In the 1990s and 2000s, bankers from other regions could transfer to HK or start their first jobs there without a strong connection to the region or Asian language skills.

Banking 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Private Equity in China: The Worst of Both Worlds?

Brian DeChesare

As with investment banking in Hong Kong , I can summarize private equity in China in one sentence: “If you’re not Chinese, don’t even think about it, and even if you are Chinese, it’s best if you have great connections within the CCP and want to stay in China long-term.” is better for domestic funds.

Equity 75
article thumbnail

Overview of U.S. taxes on foreign income for individuals

ThomsonReuters

citizens living abroad or earning income from foreign sources, questions often arise on how the U.S. citizens and residents who meet certain criteria. citizens and residents are generally required to report their worldwide income to the IRS. citizen or a U.S. citizen or a U.S. tax liability on that income.

article thumbnail

A Top DOJ Official Speaks on Corporate Enforcement and Compliance

Reynolds Holding

We believe in equality of all citizens, all people, all defendants under the law – and from Washington, D.C. First, the Market Integrity and Major Frauds (MIMF) Unit, one of my old homes in the section. “Where law ends, tyranny begins” is etched on the side of the Robert F. to California, no one is above the law.

article thumbnail

Debevoise & Plimpton Discusses the Myth of Artificial Intelligence Errors

Reynolds Holding

For valid legal, reputational, and technical reasons, many organizations and regulators do not fully trust machines to make these judgments by themselves. First, if the loan is rejected, there is no way to know whether it would have been paid off had it been granted, so the denial decision cannot be evaluated as right or wrong.

Banking 111