Managers of Wealth Americas

SVB agrees to sell its investment banking division

The deal comes after the Federal Deposit Insurance Corporation took over Silicon Valley Bank in March

Goldman cutting more than 30 Asia investment banking jobs

The reduction in regional jobs, most of which are in the global banking & markets division, started on Wednesday, said the sources.

US bank shares rise on inflation data, positive Wells Fargo comments

JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Citigroup and Bank of America advanced between 1% and 2%.

Bank of America execs blew $93.6 billion. Here’s how they did it.

It’s time for companies and analysts to stop calling stock buybacks a ‘return of capital’ to shareholders

Barclays warns former staff in bid to stem investment bank exodus

Departure of about 30 bankers in US risks undermining UK lender’s Wall Street ambitions

BNY Mellon Launches Direct Indexing Solution for Financial Advisors

Institutional-quality investment solution available on BNY Mellon Pershing X's new Wove platform provides low-cost portfolio customization and tax optimization benefits

Goldman Sachs president Waldron says Wall Street bank is ‘running tighter’ amid lay-offs

The Wall Street bank is embarking on its third round of job cuts within a year

Why Goldman Sachs needs to cut MDs (and partners)

Both they and partners at the firm tend to pile up due to a rule relating to restricted stock vesting that was introduced in 2008.

JPMorgan’s guide to how an investment bank works now

JPMorgan’s payments team, meanwhile, is silently in the background facilitating all of the above-mentioned economic activity

Citi to Pursue Initial Public Offering of Its Consumer, Small Business and Middle Market Banking Operations in Mexico

Citi To Resume Share Buybacks This Quarter

Jamie Dimon says it’s ‘unlikely’ that JPMorgan Chase will acquire another struggling bank

The turmoil in mid-sized banks sparked by the Silicon Valley Bank collapse in March shows that merely meeting regulatory requirements isn’t enough, Dimon added.

Raymond James bolsters Consumer & Retail Investment Banking practice with senior banker hire

Goldstein arrives with more than 18 years of experience in investment banking and mergers and acquisitions advisory services.

TD Bank and First Horizon decide to end their merger deal

The payment is in addition to the $25m fee reimbursement payable to First Horizon under the merger agreement.

Jefferies and SMBC Expand and Strengthen Strategic Alliance, Broadening Joint Business Efforts and Increasing SMBC’s Equity Ownership in Jefferies

Jefferies and SMBC Group’s Strategic Alliance Expands to Additional Businesses, Including a Full Suite of Capabilities for U.S. Investment Grade Companies, to Further Enhance Investment Banking Services to Our Broad Client Base

Investment Banking