Managers of Wealth Americas

Morgan Stanley CEO to Take Pay Cut

Mr. Gorman's total pay isn't expected to fall sharply

Bank of America Forms Global Advisory Council

Bank of America today announced the formation of the Bank of America Global Advisory Council with the appointment of 13 internationally recognized business, academic and public policy leaders.

Houlihan Lokey Further Strengthens Tax and Financial Reporting Valuation Services

He joins from Ceteris, where he was a managing director leading tax valuation engagements for the firm’s U.S. multinational clients.

Lazard Appoints Senior Advisor

He was formerly President and Chief Executive Officer of Nomura's Global Wholesale Division and Chairman and Chief Executive Officer of Lehman Brothers Asia.

TD Ameritrade Q1 profit falls, even as assets soar

Ameritrade, the biggest online broker by customer trading volume, reported its fiscal first-quarter profit.

Cantor Fitzgerald's Investment Banking Push Goes Awry

Kantor had stepped up his hiring in prior months, and the bankers discussed the renewed push into underwriting and merger advice

Bank of America profits fall after bad debt charges

Bank of America and Citigroup's results come a day after rivals Goldman Sachs and JP Morgan both reported sharp rises in profits on the back of strong performances by their investment banking arms.

Bank of America Cuts 14,600 Employees in 2012 to Reduce Costs

The quarter’s decline in headcount was the highest in a year.

BNY Mellon’s profit climbs 23 per cent

“Expect the stock to be a bit soft post the recent run.”

Goldman Sachs’ earnings surge as investment banking revenues jump, aided by bond rally

The bank’s debt underwriting business profited from a rally in bonds and a surge in demand for debt securities.

Citi Falls Short on Earnings; Blames New Regulations

Fourth Quarter Results Included $1.3 Billion of Legal and Related Expenses

JMP Group boosts Investment Banking Division

Prior to joining JMP Securities, he was a senior banker in the technology, media and telecommunications investment banking group at UBS

JPMorgan Beats on Earnings

JPMorgan Chase & Co. today reported net income for the fourth-quarter of 2012 of $5.7 billion, compared with net income of $3.7 billion in the fourth quarter of 2011

Morgan Stanley Said to Plan 1600 Investment-Banking Job Cuts

The layoffs will focus more on senior employees, with half of the cuts coming in the U.S. and half internationally, this person said.

Morgan Stanley Discloses Payouts to Senior Deal Maker

The deal maker will receive an accelerated payout from an executive retirement program

Morgan Stanley Wealth Management Launches LGBT Initiative

A new client educational resource - LGBT On Your Terms - is available to help same-sex couples understand the factors that are likely to affect their family's finances and long-term plans.

Boston Private Bank & Trust To Sell Three Offices To Sterling Financial

Transaction expands and enhances Sterling Bank's presence in the Seattle market

Jefferies Reports Fourth Quarter and 2012 Fiscal Year Financial Results

"2013 will mark the beginning of a new era for Jefferies."

Axis Capital ties up with Baird

The alliance between Baird and Axis Capital is on an exclusive basis.

Morgan Stanley Names Merger-Advisory Chiefs for U.S., Europe

Morgan Stanley has ranked first or second in advising on mergers and acquisitions each year since 2008.