Managers of Wealth Americas

Goldman Plans Cuts in Commodities Trading as New CEO Digs In

Bank to pull back in metals trading with Chief Executive David Solomon looking for cost savings in other areas

Goldman Sachs may yank top executives’ bonuses over 1MDB scandal

Case has left the storied US banking giant with a black eye

Bonuses at US investment banks surge past European rivals

City investment bankers at Wall Street-headquartered companies are seeing their pay grow faster than peers at European banks

US bank BNY Mellon lays off 300 in India

It had laid off 700 people towards the end of 2017.

Barclays Named North America ABS House of the Year

The awards will be presented at the 2018 IFR Awards Dinner, taking place at Grosvenor House, London this evening.

Beware the Global Policy Panic: Saxo Q1 Outlook

Last year was spectacular, starting with peak euphoria and ending with violent December drama of a type not witnessed since 1931.

Citigroup is up first as big banks kick off fourth-quarter earnings season

Banks’ trading revenue is expected to be strong, but investment-banking fees may be lower, and trade and political tensions will have an effect

Wells Fargo proves that big fines for banks don't work

The matter worsens and becomes exploitative when bankers employ a hard-sell of subpar internal products and deceptive sales practices designed to achieve their sales targets.

MUFG Union buys investment bank with middle-market focus

“We are very pleased to welcome the Intrepid team,” said Tim Wennes, MUFG Union’s West Coast president.

MUFG Union Bank Completes the Acquisition of Intrepid Investment Bankers to Expand its Middle Market Banking Services

The Commercial Banking business at MUFG Union Bank serves middle market clients on the West Coast.

Bonus payments at US investment banks set to dwarf those at their European rivals once again

Jason Kennedy, of recruitment firm Kennedy Group, told the Daily Telegraph: ‘For years the Europeans have played in the second division while the Americans have been playing in the premier league.

US banks to cut London-EU commuting support for staff after Brexit

Thousands of bank staff to move from London to Dublin, Paris and Frankfurt in early 2019

Fed survey points to a scaling back of bets on emerging market gains

For most client types, survey respondents said between two-fifths and three-fifths held net-long positions on emerging market assets, meaning they were betting on increases in the values of the assets.

Bank of the Year: JP Morgan

For a time, it seemed as if Goldman (and Morgan Stanley) were on the right side of the argument; and that JP Morgan (and to an even greater extent Citigroup) were on the wrong side.

Why Goldman Sachs Shares Lost 15% in November

Shares of the investment bank continued to fall on concerns about the Malaysian banking scandal.

BNP Paribas Joins U.S. Alliance for Sustainable Finance as Founding Member

Formation of U.S-based alliance by Bloomberg will support global mobilization of private capital in response to climate change concerns

Morgan Stanley Agrees $1 Million Settlement Over Former Broker’s Trading

The alleged churning cost to the three clients — all of them over 60 years old — was $483,284 in total, and they were forced to postpone their retirement as a result, according to Abrahams.

British staff are being offered free sex changes by Goldman Sachs in bid to rid bank of 'old boys’ club’ atmosphere

Goldman Sachs bank offers free sex change surgery on work health insurance

HSBC in talks to return to Brazil

HSBC is speeding up negotiations to return to Brazil only three after the lender sold most of its operations in the country as Bolsonaro’s recent victory in the presidential election has triggered a rally in financial markets.

Goldman Sachs chips away at partnership gender gap

Latest promotions mean 83 of the roughly 500 partners at the US banking giant are women

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