Managers of Wealth Americas

State Street reports 39% surge in Q1 2025 profit

The company has reported $3.28bn in revenue in Q1 2025, a 5% increase from $3.13bn in Q1 2024.

Top 10 biggest US banks by assets: Data drop

Cincinnati-headquartered U.S. Bank ranks fifth with $662.9 billion in consolidated assets.

Goldman Sachs Reports 2025 First Quarter Earnings Per Common Share of $14.12 and Annualized Return on Common Equity of 16.9%

Diluted earnings per common share (EPS) was $14.12 and annualized return on average common shareholders’ equity (ROE) was 16.9% for the first quarter of 2025.

Bank of America boosts profit on trading gains, interest income

Equities trading jumped 17% to a record $2.2 billion, while fixed income, currencies and commodities trading revenue jumped 5% to $3.5 billion, propelling its markets revenue to the highest in more than a decade.

Wells Fargo Expands Technology Banking Team Amid Tech Sector Growth

The growth of the Technology Banking team, which is part of Wells Fargo Commercial Banking’s Specialized Industries group, is being driven by the U.S. tech sector’s growth

BNY Reports First Quarter 2025 Results

Management will host a conference call and simultaneous live audio webcast at 11:00 a.m. ET today.

Goldman Sachs raises odds of US recession to 45%, second hike in a week

That, though, is higher than Wells Fargo Investment Institute's (WFII) 1% growth forecast, while J.P.Morgan estimates a 0.3% contraction, on a quarterly basis.

Goldman raises odds of US recession to 35%

Trump said on Sunday his reciprocal tariffs, to be announced this week, would include all countries and not a more limited number, rattling financial markets globally over fears of an economic slowdown.

Is The Bank of New York Mellon (BK) Among The Best Bank Stocks To Buy According To Billionaires?

Rising unemployment, weaker business investment, and high consumer debt, which now stands at a record $17.7 trillion, could put additional pressure on the financial system.

Morgan Stanley Investment Management Provides $125 Million Debt Financing to FreshBooks

This investment will refinance existing debt and is expected to fuel the company’s continued growth.

FNEX Launches Alternatives Marketplace for Wealth Managers

The FNEX Alternatives Market offers an expansive range of high-quality investments

Macquarie warns of bear market as US spending collapses

A key indicator for the outlook of the sharemarket – is getting battered by Trump’s sweeping tariffs

Bank of America cuts 150 investment banker jobs. It’s the most recent round of layoffs

The layoffs come weeks after Bank of America cut staff in its investment banking

Bank of America just cut 100+ analysts & associates in its investment bank

There are complaints nonetheless.

Goldman Sachs has a small round of annual layoffs coming soon

By cutting staff in May, Goldman is reverting to a schedule that existed pre-COVID.

Canada's Scotiabank, BMO wait for clarity on tariffs to update outlook

The banks, Canada's third and fourth largest, put aside over C$1 billion in loan loss reserves in the first quarter

Jamie Dimon’s real problem with working from home at JPMorgan. Boutique bank hands juniors a bonus, plus a top-up

Then the 2022 deal boom happened, and top management decided that after consideration, the real reason everyone needed to be in the office was to help the younger staff learn their trade.

JPMorgan Chase CEO calls for Washington to rethink financial regulations

Recent actions included a halt to the agency’s activities and restrictions on its employees.

JP Morgan CEO derides in-office work pushback

Instead, Dimon demanded more efficiency and stressed that employees have a choice whether to work at JP Morgan.

BNY Sends Largest Instant Payment in U.S. History, $10 Million, Following Transaction Limit Increase

As businesses increasingly demand faster, more secure, and more transparent payment solutions, advancements in real-time payment capabilities are transforming how companies manage liquidity and streamline operations.

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