James Gallagher is also on the Board of Directors for the EACCNY. NEW YORK – HSBC Bank USA today announced that James Gallagher has been appointed US Head of International Subsidiary Banking (ISB). In this role, he will focus on helping subsidiaries of international businesses expand in the US market. “We are thrilled that Jim will lead our ISB team in the US,” said Wyatt Crowell, Head of US Commercial Banking at HSBC. “Jim’s passion for people development and client growth...

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Decentralized finance (DeFi) is a term used to encompass a growing number of financial services provided on blockchain platforms (mainly Ethereum). The DeFi industry has been becoming increasingly attractive thanks to its appealing premise allowing transactions to be carried out between peers without financial intermediaries, such as banks. Instead, the transacting parties “trust” smart contracts, which are self-executing software codes performed on a public blockchain, and as such fully visible by anyone and transparent. The revolutionary potentialities are limitless...

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New legislation proposes to terminate the $7,000 credit per employee for the fourth quarter of 2021 for qualifying organizations. Key insights The Employee Retention Credit may terminate after September 30, 2021. Recovery startup businesses would still qualify to claim the credit for the fourth quarter of 2021. A second bill dealing with “human” infrastructure may reinstate the credit for the remainder of the year, but there is no guarantee. Update: This article was originally published on August 2, 2021. It was...

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The Biden administration will be easing travel restrictions on all fully vaccinated international travelers for air travel and land border crossings effective November 8, 2021. As previously confirmed with the Centers for Disease Control and Prevention (CDC), only the vaccines that are approved or authorized by the Food and Drug Administration or listed for emergency use by the World Health Organization will be accepted for air travel. Reports indicate that the administration anticipates the same will be true at...

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New York, October 1st, 2021 | Aimlon CPA P.C. unveils its new brand identity. Designed around strong human and professional brand values – technical expertise, professionalism, sincerity, transparency, approachability – it reinforces the Firm’s French and U.S. expertise in tax, audit, and accounting. The new brand identity and positioning reflect the Firm’s ability to support our clients to build and preserve wealth, and to grow their business sustainably. The A shape emblem, a clear symbol for the Aimlon CPA P.C. brand...

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New game-changing fintech firms and expanding team capabilities combine to keep USAM moving forward. NEW YORK – October 19, 2021 – USAM Group, the distinctive provider of sales, marketing, and advisory services to growth-stage financial technology innovators, is proud to announce the expansion of our client portfolio and our staff, to the benefit of fintech buyers and sellers alike. New Fintech Firms We’ve added 5 exceptional products that help financial institutions make money, save time, avoid risk – and even go greener!...

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