Managers of Wealth Americas

After Dropping Accounts, HSBC Adds $1 Billion to International Loan Program

Now HSBC plans to lend $1 billion in 2014 to small and midsize U.S. companies that do business internationally

T. Rowe Price Group Reports Fourth Quarter And Annual 2013 Results

T. Rowe Price Group, Inc. today reported its 2013 fourth quarter results, including net revenues of $929.8 million, net income of $287.7 million, and diluted earnings per common share of $1.06.

Ranking the M&A rainmakers for 2013

A handful of big-ticket transactions in the bank space propelled investment bankers from J.P. Morgan Securities LLC to the top of SNL's lead banker rankings in 2013.

JPMorgan to Credit Suisse Boost Startup Push in Deals Hunt: Tech

When SurveyMonkey Inc. Chief Executive Officer Dave Goldberg wanted to buy out investors from his Internet company and attract new ones who wouldn’t balk at his aim to stay private

Bahrain bank acquires $250m US property

Existing senior debt for the portfolio, which is insured by US Department of Housing and Urban Development was assumed during the transaction, with Macquarie Bank providing $71 million in mezzanine financing.

Suntory deal boosts Morgan Stanley-MUFG tie-up

The venture, spawned from MUFG's $9 billion investment in the Wall Street firm during the financial crisis, is a big winner from Suntory Holdings Ltd's $13.6 billion deal this week to buy U.S. whiskey maker Beam Inc

BofA Overtakes JPMorgan for Investment-Banking Fees

Bank of America Corp., the second-biggest U.S. lender, took in more investment-banking fees than larger rival JPMorgan Chase & Co. for the first time since acquiring Merrill Lynch & Co. during the financial crisis.

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