Managers of Wealth Americas

Lazard’s Profit Rises 35%, Aided by Asset Management

Lazard said on Wednesday that its profits rose 35 percent in the fourth quarter

Oppenheimer Wins 2013 M&A Advisor Award

In winning this prestigious award, Oppenheimer was recognized for its work in helping Ahern to successfully navigate the Chapter 11 process to refinance its existing indebtedness and negate a competing plan of reorganization from its junior creditors, p

SocGen said planning to recruit in area as rivals retrench

It comes as competitors such as UBS, Credit Suisse, Barclays and Deutsche Bank are reducing staff and capital in their fixed income units in an effort to cope with falling revenues, stricter capital rules and a costly move towards electronic trading.

Wells Fargo director resigns for health reasons

The bank said in a regulatory filing that the resignation was not "a result of any disagreement with the company, the board or management."

Crédit Agricole Corporate and Investment Bank Joins Tradeweb

Today, Crédit Agricole CIB goes live as a market maker for US Treasuries on Tradeweb, a world leader in building and operating electronic over-the-counter marketplaces.

Stifel to acquire California-Based investment banking boutique

It is an impressive group, with an excellent reputation, in a market we are committed to serving," said Ronald J. Kruszewski, Chairman, President, and CEO of Stifel Financial Corp.

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.

Investment Banking