Managers of Wealth Americas

Bank of America cuts 150 investment banker jobs. It’s the most recent round of layoffs

The layoffs come weeks after Bank of America cut staff in its investment banking

Bank of America just cut 100+ analysts & associates in its investment bank

There are complaints nonetheless.

Goldman Sachs has a small round of annual layoffs coming soon

By cutting staff in May, Goldman is reverting to a schedule that existed pre-COVID.

Canada's Scotiabank, BMO wait for clarity on tariffs to update outlook

The banks, Canada's third and fourth largest, put aside over C$1 billion in loan loss reserves in the first quarter

Jamie Dimon’s real problem with working from home at JPMorgan. Boutique bank hands juniors a bonus, plus a top-up

Then the 2022 deal boom happened, and top management decided that after consideration, the real reason everyone needed to be in the office was to help the younger staff learn their trade.

JPMorgan Chase CEO calls for Washington to rethink financial regulations

Recent actions included a halt to the agency’s activities and restrictions on its employees.

JP Morgan CEO derides in-office work pushback

Instead, Dimon demanded more efficiency and stressed that employees have a choice whether to work at JP Morgan.

BNY Sends Largest Instant Payment in U.S. History, $10 Million, Following Transaction Limit Increase

As businesses increasingly demand faster, more secure, and more transparent payment solutions, advancements in real-time payment capabilities are transforming how companies manage liquidity and streamline operations.

Santander, global leader in export finance for third year running

The Group held on to the number one spot with a total volume of USD 8.6 billion and an international market share of 10.5%.

Seven & i consortium said to tap Bank of America, Citi for financing

Thai conglomerate CP All – which holds the Thai franchise for 7-Eleven – is also weighing plans to take an equity stake in the management buyout

Orange County Bancorp, Inc. Announces Strategic Realignment of Internal Divisions to Enhance its Wealth Management Services

Wealth and asset management offerings rebranded as Orange Wealth Management

Goldman Sachs workers moan about meager bonuses

Solomon was also awarded an $80 million stock bonus to stay at the helm for another five years.

JPMorgan picks Reed to run government and healthcare businesses

The source said that renting space at the former Credit Suisse building at 1 Cabot Square is viewed as an interim solution

Goldman Sachs bonus complaints & BNP Paribas' bonus warning. Life of a Citadel PM

At Goldman Sachs, for example, profitability and revenues rose by 68% and 16% respectively in 2024, but spending on pay rose by 8%.

‘There are a lot of unhappy faces’: Banks’ bumper bonus round divides staff

Bankers are feeling short-changed despite a year of stellar profits

JPMorgan, Citi, Bank of America, Goldman Sachs, Wells Fargo and Morgan Stanley Reap $145,680,000,000 in Profit in One Year

Six of the largest banks in the US recorded exceptional returns in 2024, despite recession fears and geopolitical uncertainty.

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