Managers of Wealth Americas

Too Big to Pay Its Fair Share of Taxes?

Goldman Sachs’s latest financial report shows that the company avoided paying federal income taxes on almost half its United States profits in 2014

JP Morgan acknowledged that it can't afford to screw up anymore

JPMorgan has acknowledged that it simply can't afford to screw up anymore.

U.S. Money Managers Are Sending Cash Overseas

U.S. money managers are feeling the pull of foreign places.

RBS could write down value of US bank Citizens by some £4bn

RBS also plans to lower its stake in Citizens to about a third this year, which will mean Citizens being deconsolidated from the RBS Group.

Citi Announces $100 Billion, 10-Year Commitment to Finance Sustainable Growth

Citi has established new environmental footprint goals for 2020

BofA Board Cuts CEO Moynihan’s Pay 7.1% to $13 Million

Bank of America Corp. cut Chief Executive Officer Brian T. Moynihan’s pay 7.1 percent for last year to $13 million after profit dropped by more than half

JPMorgan Weighs Leaner Trading Units as Rules Hit Profitability

Global investment banks such as Credit Suisse Group AG and Morgan Stanley have scaled back fixed-income trading

Bank of America financed controversial trades using US banking unit

In 2014, Bank of America quietly began putting an end to the controversial practice of using funds from its government-backed unit to finance transactions

Greenhill Expands Capital Advisory Capabilities through Acquisition

Greenhill and Cogent are highly complementary businesses and were founded on similar business models.

Brady Dougan Holds Course at Credit Suisse Despite Tough Markets

The Credit Suisse CEO sticks to the One Bank strategy of investment banking and wealth management as new capital rules pose his toughest challenge yet.

JPMorgan Worker Choked Wife to Death Before Suicide, Police Say

A JPMorgan Chase & Co. employee strangled and stabbed his wife to death before turning the knife on himself

Goldman Sachs Gives Breakdown of Fixed-Income Trading Revenue

Goldman Sachs typically has only provided its total revenue from fixed-income trading

J.P. Morgan realigns executives to better integrate its businesses

Until last year, Mary Erdoes, CEO of J.P. Morgan Asset Management, oversaw the New York-based money manager's investment management operations

John Whitehead, former leader of Goldman Sachs, dies at 92

He was a chairman of the Federal Reserve Bank of New York and a member of the board of the New York Stock Exchange.

Investec and State Street commit to another 7 years

Investec Asset Management has extended its relationship with State Street corporation for another seven years

3 More Former J.P. Morgan Reps Suspended, Fined by FINRA

DeFilippis, however, grew concerned when the customer closed his securities account in October of 2013

U.S. investor Excellere Capital eyes Austrian "bad bank" Heta

It gave no financial details, but said its approach envisioned "no haircut for Heta debt holders"

HDFC Bank Raises $1.6 Billion From Share Sale

Indian Lender to Use Proceeds to Fund Growth and Bolster Reserves

Warren Buffett’s Broker to Retire From Citigroup

When Warren Buffett got a cell phone, the first call he made was to his stockbroker at Citigroup Inc.

BAML hires Pani for Mexico role

Bank of America Merrill Lynch has hired Enrique Pani as head of investment banking in Mexico.

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