Managers of Wealth Americas

Morgan Stanley to open office in Santiago

US investment banking firm Morgan Stanley plans to expand its Latin American operations with an office in Santiago,

Bank of America adds two board members

The additions bring the size of the bank's board to 15.

Morgan Stanley Revenue And Earnings Beat Expectations

Investment banking giant Morgan Stanley just released its Q2 financial results.

Former Merrill Lynch president Herbert Allison Jr dies: Bloomberg

He is a former Merrill Lynch & Co president who also oversaw the U.S.

BNY Mellon's assets inch up in quarter

Assets under management up 10% year-over-year

Boston Private Financial Q2 Profit Rises

Fee-Based Revenues Held Steady

American National Bankshares Reports Q2 2013 Earnings

The challenge in this ongoing low rateenvironment is to do that in a cost effective and yet competitive manner.

Goldman Beats Estimates on Investment Banking, Debt Gains

Goldman Sachs Group Inc. said earnings doubled, beating analysts’ estimates on a surge in underwriting revenue and gains from the firm’s own investments.

Citigroup 42% Profit Rise Tops Estimates

Chief Executive Officer Michael Corbat, 53, has fired thousands of workers and scaled back operations in some countries to cut costs since replacing Vikram Pandit, 56, in October.

Bank of America Merrill Lynch Named 2013 Best Global Small and Medium Size Enterprises Finance House

The awards were presented July 11 at a ceremony in London.

JP Morgan and Wells Fargo post big jump in profits

The US economy was showing "broad-based signs" of recovery, but consumers and small businesses remained cautious, he said.

Legg Mason Reports Assets Under Management For June 2013

Legg Mason has reported preliminary assets under management of $645 billion

Moelis reveals $35m cash pot for bankers

The firm is hamstrung in rewarding staff because their ownership stakes cannot be traded in secondary markets like equity.

Merrill Lynch makes big changes in managed account program

The renovation will "drastically" reduce paperwork, according to Merrill. Clients at most large brokerages now sign separate contracts for myriad accounts and receive performance reports as well as billing for each investment program.

Invescos June AUM Declines

The decrease was primarily due to unfavorable market returns, declines in money market AUM and negative long-term flows.

Investment Managers Bullish on Revenue & Hiring, Set to Ramp Up Spending in Technology, M&A Activity and Geographic Expansion

Despite lingering concerns over regulatory and political uncertainty, investment management executives indicate revenues and headcount are on the rise,

Investment Banking