Managers of Wealth Americas

JPMorgan profit falls, but sees hope in economy

Chief Executive Jamie Dimon said the largest U.S. bank by assets was seeing signs of improvement in loan demand and credit quality as the economy recovers.

Emerging markets growth to weaken, says UBS

The Swiss investment bank still expects these countries to outperform industrialised nations but at a slower annualized real growth rate of 5% or less in the first half of 2012, compared with 7-8% at its peak and 5.5% last year, thanks to a moderation in

Bank of the West Opens HNW Client Center in Palo Alto

Similar offices have opened in Los Angeles, Denver and San Jose.

10 Resolutions Bank Marketers Can’t Ignore in 2012

The biggest impact of all of this noise was that attention was diverted from what should have been accomplished in 2011. As

U.S. demands names of Swiss bank staff: paper

Citing banking sources, the NZZ am Sonntag said Swiss banks had until January 23 to transfer documents to the U.S. Justice Department relating to their U.S. business since 2000.

Risk management top priority among corporate treasuries - study

SunGard has observed a transformation in treasury as the role of treasury professionals expand beyond cash management to these key areas. To help address these complex activities, SunGard provides technology that helps corporations manage risk, bank commu

StanChart sees 25-30% growth in pvt banking in 2012

The bank is looking at leveraging its corporate and SME (small and medium enterprise) clients to increase the private banking customer base.

Banks to continue strengthening in 2012, but sensitive to global economy - Fitch

The ratings agency expects moderate credit growth in the region in 2012, with those countries with a better economic outlook - particularly Panama, Costa Rica and Guatemala - expected to show the highest credit growth.

Our challenge for 2012: Get Americans working

For decades, the rich have claimed a far larger share of the nation’s bounty than the rest of us, and now we see the consequences.

Financials hold key to Wall Street revival

With healthy banks widely seen as essential to economic recovery, there is concern that US equities will struggle in 2012 unless financials break out of their deep slump.

French banks 'cutting US staff'

A French banker based in the United States told Les Echos that the layoffs had been "particularly brutal" in the past few weeks.

Goldman Sachs puts Hollywood holding up for sale

Sale of the company, which was first reported by the Financial Times, would include Canadian and other rights to a library of more than 11,000 films, as well as Canadian distribution rights for pics from Relativity, Lionsgate Entertainment, Focus Features

Top US lenders brace for new tax rules

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US regional banks struggling to achieve revenue growth

Last month Fitch Ratings said that U.S. government financial support for banks is declining, arguing that future bailouts will likely be restricted to just eight lenders it regards systematically important. Fitch believes the government currently has the

BofA Prepared for ‘Turbulent Times’

Bank of America Chief Executive Officer Brian T. Moynihan told employees in a year-end letter that he bolstered the firm against risk and will make more improvements in 2012.

Volatility creates long-term opportunities - HSBC Global Asset Management

In its global outlook for 2012, HSBC Global Asset Management argues that frequent rotations in sentiment in markets reflect the fact that officials have been applying a 'band-aid' approach to addressing fundamental problems

John Thiel: Calming the Merrill Lynch herd

Like all wealth managers, Mr. Thiel and his legions of advisers have their hands full keeping clients calm in a nerve-racking market.

Major US banks rank as best employers for gays, lesbians

Financial firms outperformed most other industries in adopting and enforcing non-discrimination policies, offering health insurance for same-sex partners and recruiting and retaining lesbian, gay, bisexual and transgender employees, according to the repo

Market appetite for yield returning - survey

iquidity is key, and remains the biggest concern in treasury departments

Golden handcuffs at Merrill Lynch loosening

The impact of the change on adviser headcount likely won’t be clear until Merrill releases headcount figures in its first quarter results next year.

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