Managers of Wealth Americas

Goldman Sachs' most junior staff hate emails and phone calls

A recurring question in this survey since the tail end of the pandemic has asked these interns what their favourite form of communication is for work.

Citi's Vis Raghavan says he's "cheap" when he hires, implies Citi MDs are lazy. 24-year-old ex-banker's nightmare sleep schedule

Both agree that Raghavan is highly ambitious, that there are signs he's succeeding, and that Citi's incumbent bankers might find him a challenge

Cetera Partners With Small Business Investment Bank Cornerstone

The broker/dealer’s partnership with Cornerstone Business Services is intended to bolster its advisors' small business planning and sales acumen.

JPMorgan Leads Global Payments Market, Says Morgan Stanley After Executive Meeting

The affirmation comes after Morgan Stanley met with Umar Farooq

Bank of America to create up to 1,000 new jobs in Belfast

The news of Bank of America's investment marks the company's first-ever operation in Northern Ireland

Bank of America Upgrades Oracle (ORCL)’s Stock to Buy From Neutral

The analyst also highlighted that although the profitability of AI workloads is a key debate, it remains clear that Oracle Corporation continues to capture share in the large and rapidly growing market for AI infrastructure.

Bank of America to redeem €2 billion floating rate notes ahead of maturity

The redemption will take place on September 22, 2025, with noteholders receiving the Optional Redemption Amount of €1,000 per €1,000 calculation amount

JPMorgan Strategist Warns Fed Rate Cuts Won’t Revive U.S. Economy

Lower rates reduce income for savers and create uncertainty by hinting at more cuts ahead, prompting businesses and households to delay decisions instead of borrowing and spending.

Investment banks' graduate acceptance rates will soon hit 0.1%

New figures provided by banks to Financial News confirm the unfortunate trend.

The US investment bank I work for has become completely dysfunctional

I have also changed banks and learnt most are the same.

Goldman Sachs says we’re on the verge of a stablecoin gold rush worth trillions

U.S. Treasury Secretary Scott Bessent believes stablecoins will buoy the market for U.S. Treasuries, and the government will sell more short-term debt to meet that demand

Why Bank of New York Mellon is a Top Socially Responsible Dividend Stock

Environmental criteria include considerations like the environmental impact of the company's products and services,

Citigroup continues strategic investment banking talent raid on JPMorgan

Since Vis Raghavan took over the reins last year, several have jumped ship.

Akin Advises Mubadala Capital in Connection with its Acquisition of CI Financial

The C$12.1 billion transaction marks a milestone in the expansion of the Mubadala Capital platform’s expansion into private wealth management, positioning the firm at the forefront of the rapidly evolving sector.

How banks from Goldman to JPMorgan are defending against private equity poaching of junior bankers

The policies run the gamut.

Traders at Goldman Sachs, JPMorgan & Morgan Stanley are working harder for their bonuses

The filings reflect the volatility of the trading environment under Trump's on and off again tariffs.

BTG Pactual Acquires HSBC Uruguay in $175 Million Latin American Banking Shift

For BTG Pactual, this acquisition unlocks immediate access to 7% of Uruguay’s banking sector—including affluent clients and retail customers—while expanding its footprint beyond Brazil.

UBS Bullish on Bank of America (BAC) Despite Net Interest Income Miss

Due to a 24% outperformance in the equity capital markets, investment banking fees also beat Street predictions by a slight margin.

Goldman Sachs on the Prowl for Takeovers, Eyeing Up BNY Mellon, State Street and Other Institutions

BNY, formerly known as Bank of New York Mellon, is reportedly another target for Goldman.

Goldman to forgo second round of job cuts as outlook improves, FT reports

The bank's second-quarter profit exceeded Wall Street expectations, as turbulent markets raised revenue in its equities division to a record, and a pickup in dealmaking boosted investment banking.

Investment Banking