The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

SEC Chair Gensler Offered to Serve as Binance Advisor in 2019, Lawyers Claim

SEC Chair Gary Gensler offered his services as an advisor to Binance in 2019, according to the crypto exchange’s lawyers.

Binance Money Trail Reveals $70 Billion Flowing Through Silvergate, Signature

Crypto exchange Binance and related entities shuttled some $70 billion through accounts at now-defunct Silvergate Bank and Signature Bank.

Is Eurozone In a Recession? Depends on Your Definition of a Recession

Important group of European countries experienced two quarters in a row of shrinking economic output, meeting a rule-of-thumb definition.

JPMorgan Grows Even Bigger as US Bank Giants Soak Up Assets

Goliaths of US banking are getting even bigger after a series of regional lender failures funneled assets into giants such as JPMorgan Chase & Co.

Druckenmiller Warns There are ‘More Shoes to Drop’

Billionaire investor Stanley Druckenmiller warns there are ‘more shoes to drop’ and says Silicon Valley Bank was ‘probably the tip of the iceberg’.