Managers of Wealth Americas

Encore Bancshares reports 4Q earnings

Encore Bancshares, Inc today reported fourth quarter 2011 net earnings of $2.1 million, or $0.17 per diluted common share and full-year net earnings of $7.2 million or $0.11 per diluted common share after deducting preferred dividends for each period.

Jefferies: the bank that (still) keeps on hiring

In 2009, Financial News gave the mid-market investment bank Jefferies Group the epithet of “the bank that keep on hiring”.

T. Rowe Price reports healthy 4Q results

Assets Under Management Ended 2011 at $489.5 Billion

Scotiabank Consolidates Global Wholesale Financial Services Brands

Scotiabank is one of the world's top 100 brands and one of the top 20 global financial services brands, according to the BrandZ Top 100 Most Valuable Global Brands 2011 report.

Signature Bank reports robust results

Net Income for the 2011 Fourth Quarter Reached a Record $40.0 Million, or $0.85 Diluted Earnings Per Share, An Increase of $9.6 Million, or 31.8 Percent, from $30.3 Million, or $0.72 Diluted Earnings Per Share Reported in the 2010 Fourth Quarter.

Goldman Urges Selling U.S. 10-Year Futures, Citing Industry

Investors should bet the 10-year note future drops to 126 and exit the trade if the price increases to 132, Francesco Garzarelli, co-head of fixed-income strategy in London, wrote in an e-mailed message today. T

State Street profit jumps absent charges

State Street is one of the country’s largest trust banks, acting as a custodian for investment firms’ securities and handling other back-office duties. The Boston bank has benefited from strong deposit growth, but like other lenders has had le

Bankers Upbeat On Private Equity For 2012

Thanks in part to new capital gains taxes and the sunset of the tax cuts enacted by former President George W. Bush in 2001 as well as the need among private equity investors to begin investing again after sitting out on deals in the wake of the global fi

Schwab 4Q profit rises 37pc

Charles Schwab Corp.'s fourth-quarter profit climbed 37% from a year ago period dented by legal settlements, as the discount brokerage's trading revenue was bolstered by its summer acquisition of optionsXpress.

Being international isn't sexy anymore for Citi

Citi's rivals JPMorgan Chase and Bank of America have Europe problems, too, but they also have U.S. branch networks about five times the size of Citi's. And bank business in the U.S., like the economy, is improving.

Big Four firm regains leadership position in 2011

PricewaterhouseCoopers Regains Leadership Position In 2011

RBC Direct Investing named 2011 Service Award Winner, earning #1 spot

For over a decade, DALBAR has conducted rigorous testing of service delivery and identified the firms that were found to lead their peers in client service after a full year of testing.

First Republic Bank reports record net income

Book Value Per Share Increases 17% in 2011

Morgan Stanley said to limit cash bonuses

Members of the company’s operating committee, led by Chief Executive Officer James Gorman, 53, won’t get any immediate cash, said the person, who declined to be identified because the plan hasn’t been made public. Mark Lake, a spokesman

Citigroup Q4 2011 net income declines

Citigroup 2011 full year net income was $11.3 billion on revenues of $78.4 billion, compared to net income of $10.6 billion on revenues of $86.6 billion for the full year 2010.

Top lender gets five weeks to find RBS buyers before bankers depart

RBS, the U.K.’s largest state-owned lender, last week said it will sell or close its unprofitable cash equities, mergers advisory and equity capital markets units.

RBC GAM launches new corporate class structure

Corporate class funds are tax-efficient investment solutions, ideal for non-registered plans. RBC Corporate Class Funds include a selection of fixed income and equity funds that provide investors with tax-free switching and rebalancing, reduced taxable di

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