Lead Editor: Sean McMahon

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SmartBrief brings you all the latest news from every corner of the financial services sector. When you need more intel about how market trends and policymakers are going to affect you and your business, SmartBrief has you covered.

Fitch is bearish on U.S. use of IFRS


  • Accounting Today

Fitch Ratings sees a reduced chance of U.S. adoption of International Financial Reporting Standards, even though the Financial Accounting Standards Board and the International Accounting Standards Boa… Read More

Phillips Edison keeps focus on single-asset deals


  • SNL Financial (free access for SmartBrief readers)

Phillips Edison is continuing its strategy of seeking out individual assets instead of large portfolios, said CEO Jeffrey Edison. Major portfolios usually come at a premium price and include negative … Read More

Bloomberg to expand derivatives footprint with acquisition


  • FOW magazine online

Bloomberg has acquired RTS Realtime Systems, a market-connectivity and trading-technology company. Bloomberg's acquisition will bolster its position in exchange-traded derivatives. Read More

Longevity annuities are a boon to many


  • Dallas Morning News (free content), The

In the wake of recent rule changes, longevity annuities are attracting more attention. "A 65-year-old married couple has a 60% chance that one spouse will live to age 90 and a 30% chance that one will… Read More

More N.J. homeowners get federal funding for elevations


  • Insurance Journal

The Federal Emergency Management Agency is providing an additional 132 New Jersey homeowners with grants to elevate their homes, Gov. Chris Christie said. About $12 million in federal funding for elev… Read More

BMO Harris says flat fee is working so far


  • Automotive News

Relationships with dealers have not suffered since BMO Harris Bank switched in April from the dealer reserve to a flat-fee compensation system, bank officials say. "[M]any of them have told us that th… Read More