Managers of Wealth Americas

BNY Mellon Investment Management Announces Mellon as New Name of U.S. Investment Manager

The firm was formed in 2018 to combine the active equity strategies of The Boston Company; the active fixed income strategies of Standish Mellon

Boutique Banks Will Score as Sky Saga Nears Its End

PJT to get part of Sky’s 61.5 million pounds in potential fees

Goldman Sachs passes Citigroup in investment bank rankings

Rebound fuelled by revenue from fixed income and banking

TD Only Canadian Bank Listed on the Dow Jones Sustainability World Index

This accomplishment acknowledges the efforts of its over 85,000 employees globally that help make TD a leader in sustainability.

JP Morgan says trading revenues for this quarter will be down 'about mid-single digits'

The news from J.P. Morgan, the world's biggest Wall Street firm by revenue, is likely to be seen as a bearish signal for the performance of other investment banks in the third quarter.

Citigroup late in the game to merge key investment bank units

Wall Street’s other banks have long run their advisory and capital markets businesses as one unit

Bank of America cryptocurrency storage patent

While the bank is yet to make any comment on it, the patent envisions a future where cryptocurrencies are a common means of payment - and people are trusting third-party services such as banks to keep their cryptocurrencies.

Merrill Loses Advisors Collectively Managing $470M

Michael Kernicky and his two sons, Michael J. Kernicky and John Kernicky have joined Janney’s Media, Pa., office as the Kernicky Group, Janney says.

BMO Capital Markets Announces New U.S. Power, Utilities and Infrastructure Investment and Corporate Banking Group

Hires three managing directors in the U.S.

Goldman Faces Losses on Venezuelan Bond Deal That Drew Criticism

Venezuela bond declines underscore the risk Goldman and its clients took on with an opportunistic investment in a country facing challenges

Houlihan Lokey Launches Syndicated Leveraged Finance Platform

Houlihan Lokey, through this platform, will participate in both committed and best efforts transactions across a broad range of financings

Euromoney names the world’s best banks in its 2018 Awards for Excellence

Bank of America and Citi win top prizes; Credit Suisse’s Tidjane Thiam is named Banker of the Year; Asian banks make their mark in global awards.

Tiger Global Management builds $1bn stake in Japan's SoftBank

The Tiger Global Investments hedge fund and the Global Long Opportunities fund built the stake over the past few months.

Deutsche Bank fails Fed stress test while 3 US lenders stumble

The Fed also placed conditions on three banks that passed the test.

Goldman, Citi hunker down as trade war hits emerging markets

Investors are increasingly paying heed as the US prepares for a trade war

Nomura Is Said to Cut 28 Global Markets Jobs in U.S.

Nomura plans to work on reducing costs abroad while investing in profitable areas, co-Chief Operating Officer Toshio Morita said at an annual shareholder meeting in Tokyo on Friday.

Easy transatlantic pickings come to end for US banks

An FT analysis on how investment banks have fared in the decade since Lehman failed showed the top five European investment banks suffered a 5 per cent fall in sales and trading revenues and a 53 per cent fall in group-wide net income.

Paul Tudor Jones, Goldman Sachs launch ETF focused on ESG investing

Environmental, social and governance issues, or ESG, is a hot topic in asset management, with an increasing number of institutional investors like pension funds and endowments keen to burnish their credentials as conscientious long-term investors.

New MUFG unit's goal: Get more tech clients

Davidson, who has been with MUFG since 2012, will be responsible for growing a global team of bankers that focus on deepening existing relationships and increasing the group’s roster of technology clients

BofA said to tap brakes on risk, spurring banker departures

The firm has become more selective when asked to advise potentially thorny deals, and it's easing off certain overseas markets, they said.

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