Managers of Wealth Americas

BNY Mellon's fourth-quarter profit shows modest gain

BNY Mellon Corp said on Friday that its fourth-quarter profit rose slightly as investment services fees increased 5 percent amid a buoyant stock market.

Goldman Sachs Profit Falls, Results Beat View

Fourth Quarter Earnings Per Common Share Were $4.60

JPMorgan's bonus pot shrinks after billions in settlements

General expectations are that bonuses will be flat or down on a year ago, although a small coterie of top bankers will get rises of up to 15%, headhunters predict.

BNP Paribas Makes Collateral Services Appointment in North America

This newly created position extends BNP Paribas’ established European collateral franchise to North America, enabling USA and Canada based clients to access the bank’s services locally.

Hampered by Legal Costs, JPMorgan’s Profit Falls 7.3%

The results underscored how expensive it has been for the bank to obtain peace with Washington. All told, JPMorgan has paid roughly $20 billion over the last 12 months to resolve government investigations.

Credit Suisse to Limit Weekend Work for Junior Bankers

The long hours often worked by Wall Street’s youngest bankers, known as analysts, have come under intense scrutiny in recent years, as more college students choose Silicon Valley and elsewhere over traditional investment banking jobs.

Investment bank Moelis & Co is mulling a public offering

The firm was founded in March 2007, after Ken Moelis stepped down from his role as an investment banker at Swiss financial giant UBS.

U.S. Banks Continue European M&A Domination

U.S. investment banks are picking up where they left off in European mergers and acquisitions last year

Northwestern Mutual explores sale of Russell Investments

Northwestern Mutual Life Insurance is exploring a possible sale of its Russell Investments asset management business, which has $247 billion in assets under management, according to four people familiar with the situation.

Goldman Reshuffles an Investment Banking Group

Goldman Sachs is shaking up its technology, media and telecommunications investment banking group, according to internal memos.

Canaccord Genuity expands investment banking group with addition of Technology M&A Banker

Canaccord Genuity Inc. is pleased to announce that David Istock has joined Canaccord Genuity's Investment Banking team as a Managing Director, specializing in mergers and acquisitions in the technology sector.

An annus mirabilis for Chase's Jamie Dimon?

One of the big stories of 2013 was JPMorgan Chase's bundles of troubles with a slew of government agencies.

Thomas Chrystie, Creator of Cash Management Account, Dies at 80

He died on Dec. 24 at a care facility in Charleston, South Carolina, after suffering many years from Alzheimer’s disease

RBC Top Dealmaker for Third Year on Retailers

Bank of America Corp. Merrill Lynch unit rose to the second spot, its highest ranking since 2004.

Goldman again tops global M&A rankings, but Bank of America makes biggest jump

Goldman Sachs Group Inc. once again topped the global mergers-and acquisitions advisory rankings for 2013 in terms of both volume and revenue, but the real winner, arguably, was Bank of America Corp.

Jamie Dimon’s harried JPMorgan Chase pushes campaign for worker training

Jamie Dimon has no problem finding skilled workers to hire.

LPL Adds Owenby Jones Wealth Management To Its Platform

Joining with LPL as an independent firm will enable us to work much more closely with our clients, and to communicate with our clients as often and as fully as necessary. We are happy to have arrived at LPL and look forward to a long and satisfying relati

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