Managers of Wealth Americas

Webster 1Q earnings fall

Webster announced in December that it was taking over the leases of 14 branches in Boston and eastern Massachusetts that had been operating as Citibank locations.

Strong Banking and Lending Boost Raymond James’s Profit

The bank loan loss provision during the quarter was $9.6 million

TriState Capital Reports First Quarter 2016 Financial Results

Net income per diluted share was $0.21 in the first quarter of 2016, compared to $0.18 in the first quarter of 2015 and $0.20 in the fourth quarter of 2015.

BNY Mellon Reports First Quarter Earnings Of $804 Million

In challenging market conditions, we generated solid earnings growth as we executed on our strategic priorities.

Lazard LTD Reports First-Quarter 2016 Result

First quarter 2016 net income on a U.S. GAAP basis was $67 million, or $0.50 per share (diluted).

Signature Bank Reports 2016 First Quarter Results

The Bank’s efficiency ratio improved to 32.2 percent for the 2016 first quarter

Hancock reports first quarter 2016 financial results

The linked-quarter decline in earnings was mainly related to the previously announced increase in the loan loss provision.

SEI Investments Bottom Line Declines 8% In Q1

Our results for the first quarter reflect the growing adoption of our platform solutions across our target markets

Weak markets crimp wealth management profits at big US banks

Volatile financial markets took a bite out of earnings at big U.S. banks during the first quarter – not just in trading but wealth management, too.

Goldman Sachs revenue slumps to lowest in more than four years

Highlighting the challenges facing the bank, Goldman's return on average common equity - a measure of how well the bank uses shareholder money

Morgan Stanley's Wealth Management income drops

Wealth Management reported pre-tax income from continuing operations of $786 million compared with $855 million in the first quarter of last year.

By sitting on the sidelines in fintech, Canada risks losing golden reputation in banking

Over the past several days, the global leaders of finance descended upon San Francisco to attend LendIt, the world’s largest online lending conference.

Charles Schwab Profit Rises As Trading Revenue Climbs

Results generally in line with Wall Street expectations

World’s Largest Asset Manager BlackRock To Restructure

BlackRock Inc said on Thursday it will cut 400 jobs and take a US$76mil restructuring charge after posting a 20% drop in first-quarter profit amid a dramatic reversal in financial markets.

Bank of America profit drops 18 percent on weak trading unit

Shares of Bank of America Corp. slipped about 1 percent before the stock market opened Thursday.

Wells Fargo Profits Slide Amid Weakness In Loans To Energy Companies

Wells Fargo posted earnings that topped Wall Street's expectations, but the bank's profits fell due to weakness in loans borrowed by oil and energy companies

Citi’s Profit Drops Less Than Expected; Revenue Down 11%

Despite 27% drop in its bottom line, bank still beats analysts’ estimates

Pimco Assets Rose for First Time Since 2014 in First Quarter

The change reflects net flows, performance and currency fluctuations.

Bank of America hit by weak trading, provisions for energy loans

The profit was in line with the market's low expectations after what was widely seen as the grimmest first-quarter for the banking industry since the financial crisis.

Weak investment banking hits JPMorgan, but results beat estimates

JPMorgan is the first U.S. bank to report results for what is generally being seen as the banking industry's worst start to a new year since the 2007-2008 financial crisis.