Managers of Wealth Americas

Banks’ profit picnic will attract ant invasion

JPMorgan, Bank of America, Wells Fargo and Citigroup all report fourth-quarter earnings on Friday.

Goldman Sachs to start cutting thousands of jobs midweek

Wall Street banks have suffered a major slowdown in corporate dealmaking activity as a result of volatile global financial markets.

Japan’s SMFG mulling to raise stake in Jefferies Financial Group

Ohta was quoted by the publication as saying: “I have a wish to move toward increasing our holdings.”

Big US banks to score first US$1 trillion of profit in a decade

Citigroup, Goldman Sachs and Morgan Stanley are not far behind – and together, the six are poised to make even more next year.

Barclays Names Team One as New Marketing Agency for its U.S. Consumer Business

Team One will begin working with Barclays immediately and its initial work is expected to debut in early 2023.

2023: Banks Prepare for Economic Crisis

Inflation in the United States reached 7.7% in November, four-tenths of a percentage point lower than in September, according to data published by the Bureau of Labor Statistics (BLS).

F.N.B. Corporation Continues to Expand Delivery Channel in North Carolina and South Carolina

Increases Total ATM Network by More than 30 Percent, Adding Significant Scale and Convenience for Customers

Wells Fargo Named a Global Best in Service Winner by Euromoney Magazine

The award, along with recent industry success, including being the top ACH originator for the 10th consecutive year, demonstrates Wells Fargo’s industry leadership in payments and cash management.

Excalibur Investment Banking Advises Long Point Capital on its Partnership with Allnorth

This is the foundation for our dynamic domestic and global operations

Citi Statement on 2021 Resolution Plan

The result of these efforts will be more streamlined systems that improve the quality of our data as well as the speed with which it can be accessed.

JPMorgan Chase is undeterred by political shifts in Latin America - report

For instance, Mexico, stands to benefit from nearshoring trends.

MVB Bank Named One of American Banker’s 2022 Best Banks to Work For

Purpose and Values Driven Culture Recognized Nationally

CIBC Mellon Wins Client Service for Custody Award at Asset Servicing Times Industry Excellence Awards 2022

The company was also shortlisted for "Americas Fund Administrator," and "Single Market Custodian."

Jefferies Poaches Restructuring Pair From Rothschild, Lazard

Jefferies is building up its restructuring business in the EMEA region as companies are expected to face rising interest rates and economic slowdowns.

Bank of America’s IT hiring activity declines 6.7% in October 2022

The company’s overall hiring activity declined by 16.36% in October 2022 when compared with September 2022.

Public banks should phase out fossil fuel finance more aggressively – AIIB

Policy reform will also be an important part in making public banks step up green finance.

JPMorgan’s investment bank boss: Deal slump is a chance to find senior talent

Rivals are cutting back, but Vis Raghavan says there's a

JPMorgan and Goldman Sachs in battle for British customer deposits

UK high street banks are fighting back against the Wall Street giants

Italy’s Generali Moves Ahead With Plan to Buy Guggenheim Asset Management

The company is weighing a full acquisition of Guggenheim’s asset management business, which could be valued at as much as $4 billion, several of the people said.

Margin growth supports Wall Street bank earnings

A strong quarter for trading helps offset plunge in investment banking, Moody’s says