Managers of Wealth Americas

JPMorgan's Jamie Dimon asks if US Senator understands global banking system

Dimon, who runs the largest US bank by assets, said he would meet with Warren any time she wants.

Dimon unsure Warren 'understands' global banking

Warren, a Senate Banking Committee member, has long struck a combative tone with America’s big banks.

Investcorp Plots Hedge Fund, Real Estate Push as Founder Retires

Investcorp Bank BSC, the Bahrain money manager whose founder is stepping down after three decades, is planning to rebuild its hedge-fund business and move back into European real estate.

JP Morgan bids to sink Worldpay float plans

JP MORGAN is plotting an audacious £6bn bid for Worldpay that would scupper the British payment processor’s plans for this year’s biggest float in London

Citi withdraws from metals financing in China after suspected fraud

The complex court case was one of a web of legal actions filed in the wake of a probe launched in May 2014

What Goldman, JPM, CS, BAML and Barclays have done to cut working hours

Junior bankers’ working hours are back in the news following the tragic death of two young analysts.

GE said to hire banks to start sale on US$20b assets

GE has engaged Deutsche Bank AG to find a buyer for the railcar lessor

Barclays banker's 10 crazy commandments for summer interns

Rule 5: "Never take your jacket off at work. This is investment banking, ladies and gentlemen."

Reform Ex-IM Bank, Don't Aboish It

There’s a clear lack of public knowledge about what the institution actually does.

Jamie Dimon Is Now a Billionaire, and He Got There in an Unusual Way

Dimon’s fortune derives from a $485 million stake in New York-based JPMorgan, where he’s been chief executive officer since the end of 2005, and an investment portfolio seeded by proceeds from Citigroup stock sales.

‘Wolf of Wall Street’-style coke party at jumper’s luxury apartment: cops

Evidence of an epic, cocaine-fueled party straight out “The Wolf of Wall Street” has been discovered inside the million-dollar apartment of an investment banker who plunged to his death

Citigroup Likely to Close Banamex USA

Citigroup is expected to shut down unit that has been battered by accusations of weak money-laundering controls

Ex-Lehman CEO: 'Why don't you bite me?'

It's unclear what exactly that means, but it is clear that Fuld has something of a sense of humor.

JPMorgan Said to Plan Thousands of Job Cuts to Trim Expenses

The New York-based bank may cut more than 5,000 workers by next year, the Wall Street Journal reported Thursday, citing people familiar with the matter.

S. Parker Gilbert, Who Led Morgan Stanley, Dies at 81

He was 81 and for years had been suffering from chronic obstructive pulmonary disease, said his son Parker.

Evercore Announces acquisition of Frankfurt-based investment banking advisory boutique

Its client base includes international investment firms such as Cerberus and Blackstone, as well as leading German corporates and family offices.

Goldman Sachs Group Inc, Morgan Stanley And Bank of America Corp Top Bank Bonus Chart

Directors at Goldman Sachs paid the most bonuses this year

TD Bank to Buy Nordstrom U.S. Credit-Card Portfolio

Retailer’s existing portfolio totals about $2.2 billion in receivables

Brazil Examines HSBC Clients Who Put $5.4 Billion in Switzerland

The Receita Federal tax agency found Brazilians stockpiled those funds in 1,702 accounts at the end of 2006 after it reviewed data obtained through an agreement with French authorities

Chicago says banks will give it a pass on penalties after cut to junk

Chicago’s loss of its investment-grade rating gave banks the right to require the city to repay debt early

Investment Banking