Managers of Wealth Americas

JPMorgan Chase launches conservation impact investment initiative

The NatureVest programme will seek to harness the growing buzz around impact investment to promote a mainstream market

Lazard Reports First-Quarter 2014 Results

Net income per share, as adjusted, of $0.61 for the quarter ended March 31, 2014, compared to $0.28 for the 2013 first quarter

J.P. Morgan Launches Next Generation Target Date Compass Program

J. P. Morgan Asset Management is announcing a major upgrade to Target Date Compass, the groundbreaking tool that advisors use to help plan sponsors make informed target date fund selections.

Morgan Stanley plans consumer banking push

Its focus will be on lending to existing brokerage clients – particularly mortgages and loans secured against customers’ portfolios of stocks and bonds – but the bank has also examined other products as part of its shift into banking.

BNY Mellon Awarded Best ETF Service Provider In The Americas for Eighth Year in Row

BNY Mellon's Asset Servicing business supports institutional investors

Goldman Sachs' posts profits fall after European woes

Investment banking was strong

Morgan Stanley cuts perks

The severity of the pay cut varies

Broker-dealer LPL's Profit Misses Estimates as Costs Touch $1 Billion

The improvement in March helped LPL's headcount rise to 13,726 advisers from 13,377 a year earlier

JP Morgan wins $12bn Resolution mandate

JP Morgan Asset Management has won a $12 billion fixed-income mandate from Clive Cowdrey's Resolution Life.

CIBC Mellon named Canada's Custodian of the Year

Custody Risk's judging panel assessed Custodian of the Year nominees

VTB Capital considering cutting most of New York staff

VTB Capital’s press service in Moscow and the head of its U.S. business, Paul Swigart, declined to comment

CIBC joins private equity firms to explore potential US$3B buyout of asset manager Russell Investments

Shortlisted parties have been tentatively asked to submit offers for Russell Investments

Investment Banker’s wife arrested after their three disabled children are found dead at home

Her City banker husband Gary was flying home today

BNY Mellon reports profit in Q1

BNY Mellon Corp. swung to a profit in the first quarter

Morgan Stanley extends lead in equities trading

Morgan Stanley has stretched its lead in European equity trading to an unprecedented level, according to the latest data.

Just How Much Did the Big Bank CEOs Make in 2013?

Legislators have also attempted to rein in the industry

Morgan Stanley's Profit Rises

Morgan Stanley said first-quarter profit jumped 56% as strong results in the company's wealth management business were bolstered by an unexpected rise in fixed-income trading revenue.

UPDATE 2-Goldman Sachs profit falls 11 pct but beats estimates

Goldman said net income fell to $1.95 billion, or $4.02 per share, in the first three months of the year from $2.19 billion, or $4.29 per share, in the same period of 2013.

PNC Earnings Rise on Lower Expenses

PNC had a successful first quarter - our fourth straight quarter with net income of $1 billion or more

Bank of America forecasts increase in Middle East M&A deals

Bank of America, the second-largest US lender by assets, expects mergers and acquisitions in the Middle East to increase as cash-rich global companies target investments in the region.

Investment Banking