Managers of Wealth Americas

What are central banks and why are they so important?

Central banks do all of this independently of the political group in power in any given country, as they aim to ensure the stability of the financial system.

QE infinity set the stage for ‘funky businesses out of the Bahamas’: Mussie Kidane

The Pictet North American Advisors chief investment officer said that 2022 had been a radical rupture from the previous era.

Should UK philanthropy follow the US model?

But experts say there is work to be done to turn this burst in charitable giving spurred by the pandemic, into a sustained culture of philanthropy in the UK.

Elon Musk has suffered the 'biggest loss of wealth in modern history' this year

The 51-year-old had faced problems with Tesla due to China's severe lockdown restrictions, their biggest market outside of the US, as per the Sydney Morning Herald.

Goldman Sachs CEO expects layoffs in first half of January: report

Goldman reintroduced performance reviews in 2022, after suspending them during the pandemic.

Credit Market Cracks Widen as Distressed Debt Nears $650 Billion

The strains in the credit market are largely linked to aggressive rate increases by the Federal Reserve and central banks around the world.

NFP: Hiring to remain a still strong 205K – Wells Fargo

Making matters worse, new labor supply that might help put water on the fire was again not forthcoming; the labor force participation rate fell by a tenth of a percent and is now below where it was in January.

Brazil creates less formal jobs than expected in November

The labor market strength helped Brazil's economy perform better than expected at the beginning of the year.

How To Become An Investment Banker

Investment bankers work in finance, making connections between companies that are looking to raise funding and the investors who possess capital.

For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust

There were fewer mergers and public listings this year, shrinking investment banking revenue.

The Best ForbesWomen Stories Of 2022

The central story of 2022 was, ultimately, the story of what it means to identify as female in a complicated, exhilarating, infuriating world. It was a story of victories gained, like when the U.S.

Guggenheim Partners CIO unexpectedly passes away

Yahoo Finance Live anchors discuss reports that Guggenheim Partners CIO Scott Minerd has passed away.

The future of Private Banking in 2023

Private banking and wealth management firms are braced for one of the biggest disruptions the sector has ever faced.

Following The Tech Sector, Layoff Contagion Hits Wall Street: Goldman Sachs Plans To Downsize 4,000 White Collar Workers

There is a fear that some low performers will get “donuts,” the cold term for not receiving any bonus payout.

Where Next for the US Dollar?

The greenback has had another strong year, but there are a turning point has been reached.

How the pandemic tipped the balance for women in wealth

Following challenges from COVID-19 disruption, Edward Jones is opening doors for women advisors to thrive and succeed

Private equity fundraising to dip 22.5% in 2022, Preqin says

Preqin forecasts global private equity fundraising will fall by 2.7% in 2023.

Where Citi sees potential for project finance growth in Latin America

O'Czerny: Our scope of action in the area of infrastructure here at Citi is linked to both greenfield and brownfield projects.

6 Wirehouse Comp Trends to Watch in 2023

Two of the three experts we spoke to predicted we would see a continued focus on both advisor team-based compensation and encouragement of fee-based revenue versus transactional revenue.

Best Idea: Advisors Should Detail Improvements To Team, Practice

It is a one-page letter that mentions everything we did that year. It is not to brag or anything.

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