Managers of Wealth Americas

Stifel Announces Agreement to Acquire Legg Mason Investment Counsel

Stifel Financial Corp. today announced a definitive agreement to acquire Legg Mason Investment Counsel & Trust Co., N.A.from Legg Mason, Inc.

Cowen Group announces formation of real estate investment banking group

Cowen Group have announced the formation of a real estate investment banking group and the appointment of Conrad Vlak as Managing Director.

Financial services companies renew focus on talent management

The company is in the process of implementing a year-long rotational development program

Revealed: Brian Moynihan's Grand Plan For Bank Of America

Bank of America CEO, Brian Moynihan: "This is not about me"

Goldman has cut 10% of traders in its key trading business since 2010

Driving weak revenues in trading is paltry activity

BofA's investment bank aims to be more diversified, global

Focusing more on advising clients on mergers is already starting to pay off.

Citi warns trading revenue may fall 25%

Trading revenue could decline by about 20 per cent this quarter from a year earlier

Bank of New York Mellon to Log $100 Million After-Tax Charge in the Current Quarter

Charge Due to Administrative Errors Regarding Certain Funds the Bank Manages

Bank of America's slashes list of corporate, investment banking clients

Bank of America was tops in investment banking fees in 2013, at $6.4 billion, edging out JPMorgan Chase.

BNY Mellon's Innovation and Client Service Major Themes of Custody Risk Americas Awards

Company scores top honors for 2014's Most Innovative Project

Merrill and Wells Fargo Hammered in Broker Customer Satisfaction Survey

There is significant variation among the 11 firms included in the survey however.

Noyer Says BNP Paribas Didn't Break French, EU Rules -- Update

The possible large U.S. fine has alarmed French authorities but until now, officials have expressed those concerns privately.

Little Rock to bring investment banking to London

Stephens, a privately-held US financial services firm, is working to establish a London-based investment banking operation focusing on the mid-market, joining a number of companies with transatlantic expansion plans.

Goldman Sachs Notes Hedge Fund Difficulity

Many hedge funds missed the April bounce higher in stocks, suffered from poor returns dispersion

Ex-Goldman Partner’s Firm Says UBS Cuts Spoiled Partnership Plan

UBS has undertaken a “drastic downscaling and disposal of its investment banking arm

Siebert Financial Launches Investment Management Division

Siebert Financial today announced the formation of a new investment management division, Siebert Investment Advisors

American Banks Are Secretly Preparing for a Russian Takeover of Eastern Ukraine

This is why investors may find it notable that America's three biggest banks are aggressively scaling back

10 Biggest Banks’ Commodities Revenue Rises 26% Amid Pullback

Commodities revenue at the 10 largest investment banks rose to a two-year high in the first quarter even as companies from JPMorgan Chase & Co. to Barclays Plc shrank operations

RBC ranks among world’s strongest investment banks

RBC’s key credit strength is its leading market shares (20% plus)

BAML bankers weep over deferred bonuses

Citi’s is down 8%, Morgan Stanley’s is down 9% and JP Morgan’s is down 11%

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