10/10/2013
Wells Fargo Quarterly Earnings Jump 13%
Wells Fargo reported a new record in profits
Investment Banking
10/09/2013
Legg Mason Reports Assets Under Management For September 2013
Legg Mason, Inc reported preliminary assets under management of $656 billion as of September 30, 2013.
10/08/2013
Scotiabank Seeks to Boost Thailand Unit Profit Share by 38%
Scotiabank seeks to increase return on equity from its Thanachart Bank unit to the “mid-teens” in three to five years from about 11 percent to 12 percent now, he said.
10/08/2013
Invesco Announces September AUM
Invesco today reported preliminary month-end assets under management (AUM) of $745.5 billion, an increase of 3.6% month over month.
10/07/2013
J.P. Morgan Is No. 1 in U.S. Equity Research, Institutional Investor Survey Finds
It leads the All-America Research Team, Institutional Investor's annual ranking of the nation's best sell-side analysts as determined by the world's leading money managers.
10/02/2013
JPMorgan Chase & Co Continues to Lead in Deposit Growth
JPMorgan Chase & Co has always been listed as the number one large U.S bank in terms of despot growth
10/02/2013
J.P. Morgan's Dimon No Longer Chairman at Bank Unit
James Dimon has relinquished his chairmanship of J.P. Morgan Chase JPM & Co.'s main banking subsidiary
10/01/2013
Leone Asset Management Signs MOU to Acquire Guinea Investment Bank
Leone Asset Management, Inc., announced it has signed an MOU to acquire the equity and managerial control of The Guinea Investment Bank
10/01/2013
Global investment banking fees up 3 percent in first nine months
Fees earned for global investment banking services rose 3 percent in the first nine months of 2013 from a year ago
09/29/2013
Bank of America: Legalized Pot Revenues Are OK
This may seem like a no-brainer, since the business will no longer be illegal
09/15/2013
JPMAM Aims To Raise £100m For Launch of Senior Loans Trust
J.P. Morgan Asset Management is seeking to raise £100m for the launch of an as-yet-unnamed trust investing in senior structured loans.
09/10/2013
Legg Mason assets under management dip in August
August total AUM declined from July primarily due to unfavorable markets and outflows in both equity and fixed income
09/08/2013
Emerging market M&A volume at record low in first half of 2013 - survey
U.S. companies are exhibiting higher levels of confidence domestically and we're starting to see this translate into increased acquisition activity in emerging markets.
09/04/2013
David Brenneman, Morgan Stanley Equity Risk Manager, Dies at 37
He raised hundreds of thousands of dollars toward sarcoma research
09/04/2013
Wells Fargo Deploys Standards Across Global Operations
Wells Fargo takes a different approach to global operations from many of the other banks participating at the SWIFT Sibos conference in Dubai this month.
09/02/2013
Bank of America Exiting China Bank Stake
Bank of America is the last of the major American banks that are selling out of the big Chinese banks they bought into before those banks went public in Hong Kong
08/27/2013
Investment bank UBS adding 1,000 jobs in Nashville to create back office support hub
UBS already employs more than 200 people in two Nashville locations, providing operations support and wealth management services.
08/26/2013
Citigroup, J.P.Morgan snare $764 million of California GOs
Citigroup won the bid on $249.2 million of California's new-money general purpose GO bonds, according to market sources.
08/25/2013
JP Morgan to curtail business relationship with overseas banks
Global financial service institution JP Morgan Chase & Co is mulling to trim down its business dealings with the banks, operating outside US, to avoid risk resulting from regulatory probes.
08/24/2013
Goldman Places Four on Leave After Options Error, FT Reports
The newspaper cited a person familiar with the events and didn’t disclose the names of the four employees