06/10/2013
AllianceBernstein Announces May 31, 2013 Assets Under Management
Firmwide net flows were again positive, with net inflows to the Institutions and Retail channels partially offset by net outflows from Private Client.
Investment Banking
06/09/2013
Deloitte Buys Assets of a Boutique Bank
Some 70 professionals from McColl Partners, an advisory-focused investment bank, will join Deloitte Corporate Finance, a subsidiary.
06/05/2013
Bank of America Merrill Lynch Receives Multiple Industry Awards for Trade and Supply Chain Finance
Bank of America Merrill Lynch’s strong performance in global trade and supply chain finance has been recognized throughout the industry
06/03/2013
Gleacher ends investment banking business
Gleacher will cut about 20 jobs as part of the move, which is effective immediately and eliminates the company's primary business.
05/28/2013
Morgan Stanley Said to Seek Up to $3 Billion for Property Fund
The firm is seeking a large contribution from China Investment Corp., which owns 6.4 percent of New York-based Morgan Stanley, said one of the people, who spoke on condition of anonymity because the fundraising is private.
05/27/2013
Morgan Stanley Said to Move Asia Hedge-Fund Event to U.S.
The response reflects international concern about the new virus
05/27/2013
Credit Suisse's Asset Management Business Named CLO Manager of the Year by Creditflux
This is the third year Credit Suisse's Asset Management business has received accolades from Creditflux, garnering awards for "Best seasoned US CLO"
05/23/2013
J.P. Morgan Redeploys Staff
Hundreds Are Reassigned to Help With Task of Resolving Regulatory Problems
05/22/2013
Dimon’s Departed Allies Now Hiring J.P. Morgan Executives
Jamie Dimon’s former lieutenants are poaching from him.
05/21/2013
Morgan Stanley Said to Seek $4 Billion for Infrastructure
The New York-based bank plans to officially start raising money in the coming weeks
05/20/2013
Management gets its way at J.P. Morgan annual meeting
There were five management proposals and four shareholder proposals
05/19/2013
JP Morgan's Jamie Dimon in shareholder revolt over role
Although the result of the vote is non-binding, meaning Mr Dimon could continue as before, reports have suggested that he may resign if the votes are not in his favour.
05/14/2013
Morgan Stanley Shareholders Approve Pay After Bonus Cut
They also elected the bank’s 14 board members.
05/12/2013
It's Official (Sort of): JPMorgan Is World's Biggest Bank
It's the world's largest bank by total assets
05/12/2013
Lazard Capital Markets Weighs Sale Among Strategic Options
May seek a partner to inject capital or could sell a minority stake
05/08/2013
AllianceBernstein Announces April 30, 2013 Assets Under Management
Factors that could cause actual results to differ materially from future results expressed
05/04/2013
JPMorgan Investors Urged to Split Chairman Role
JPMorgan Chase & Co. (JPM) should name an independent chairman and oust three directors, a shareholder advisory firm said, boosting pressure on the bank to overhaul its corporate governance after a $6.2 billion trading loss.
04/26/2013
Lazard Ltd Reports First-Quarter 2013 Results
First-quarter 2013 charge of $26 million related to previously announced cost saving initiatives; additional savings are expected
04/18/2013
Jefferies International Swings to a Loss as Staff Costs Bite
The European arm of U.S. investment bank recorded a £25.4 million ($38.8 million) loss in the year to November 30 2012
04/14/2013
Citigroup first-quarter profit rises 31 percent
Revenues of $20.5 Billion