Managers of Wealth Americas

Bank of America ‘willing to pay what it takes’ to hire best talent, CEO says

Bank of America’s minimum wage rose to $20 in March 2020 from $17 in 2019.

It's not just New York - HSBC traders are leaving in London too

Cheesman, who previously worked for Goldman Sachs and Barclays, left for crypto exchange FTX, where he'll reportedly be head of OTC institutional sales.

Private-equity backed Atlantic Nickel hires banks to explore options - sources

Nickel's usage is growing in lithium-ion batteries and the accelerated roll-out of electric vehicles is making certain types of the metal popular among investors, as it can be processed into battery precursor materials.

US and Europe split on bringing bankers back to the office

Transatlantic rift opens over speed at which employees should return to their desks

Goldman Sachs buys stake in Nordic IT company

Goldman Sachs has invested in Advania alongside Advania’s management, VIA equity, which first invested in the company in 2018, as well as various existing investors of the company.

TD Bank Group completes acquisition of Wells Fargo's Canadian Direct Equipment Finance Business

"Our combined teams will bring seasoned expertise in equipment leasing and finance to deliver the strong value of tailored financing and leasing options to customers across Canada."

It Ain’t Over ‘Til It’s Over

This first quarter earnings season, the S&P 500 with 302 of 500 companies having reported, has so far seen profits up 50.56% on the back of an 11.3% increase in revenues.

Barclays US and Amount launch white label BNPL suite

Barclays US is joining forces with fintech firm Amount to offer merchants a white label point-of-sale buy now, pay later financing service.

Nomura aims to rebuild US wholesale business after Archegos loss

"There is no major change to our overall strategy for our wholesale business," Okuda said.

KBW Announces 2021 Annual Bank Honor Roll Award Winners

16 U.S. Banking Institutions Recognized for Exceptional Track Record

Wells Fargo Awards Junior Bankers Special Bonuses Up to $20,000

“As such, we’ve decided to pay our analysts and associates a financial allowance.”

TD Hits 10 Million Mobile User Milestone

The Bank has focused on strategic technology investments to help make banking more convenient and accessible for its customers, whether they are banking through TD's digital channels, connecting over the phone or with their branch.

Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking

Users of the Zelle payments network, which the bank partly owns, grew to 13.5 million, now including small businesses.

FICC Sponsored Cleared Repo Now Available via BNY Mellon's LiquidityDirect

LiquidityDirect is that access point, and we are committed to connecting the dots for clients," Maganas concludes.

JPMorgan profits on capital markets in a cash-flush economy

Similarly, businesses got help from government programs and raised a significant amount of financing, Dimon said.

Wells Fargo Q1 Earnings Beat on Fee Income Growth

Results included the impact of $1.6 billion decline in allowance for credit losses, backed by an improving economic environment and lower net charge-offs

Americans unleashing pent-up savings could drive up inflation and rattle parts of the market, JPMorgan's chief strategist says

Pent-up savings worth around 8% of US GDP are set to be unleashed, Karen Ward said.

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