Managers of Wealth Americas

Washington Trust Announces Record Earnings for Fourth Quarte

Washington Trust has announced fourth quarter 2012 net income of $9.0 million, or $0.55 per diluted share.

Ameriprise 4th-Quarter Profit Up 65% on Advice, Wealth-Management Strength

Operating earnings topped analyst expectations

Evercore Swings to 4th-Quarter Profit as Investment Banking Revenue Surges

Evercore, founded by former Deputy U.S. Treasury Secretary Roger Altman

Investment banking revenue helps return Piper Jaffray to a profit in the 4th quarter

The Minneapolis-based firm reported Wednesday that its net income hit $10.2 million in the quarter ending Dec. 31

Bank of America CEO tells employees to give customers better service

Bank of America posted the lowest score among four large U.S. banks in a report last month by the American Customer Satisfaction Index.

Eric Gleacher To Leave Gleacher & Company

Gleacher & Company, Inc. announced today that Eric J. Gleacher has resigned as Chairman of the Company’s Board of Directors

Bank of America Shifts PR Duties to Burson-Marsteller

Omnicom's Emanate has had the lion's share of the business

JPMorgan Chase Rejects Shareholder Breakup Proposal

JPMorgan Chase (JPM) is pushing back against a shareholder proposal to let investors vote on whether the bank should consider taking itself apart.

National Bank of Malawi selects Misys Global Risk for Basel II compliance

The product will give the bank better insight into its liquidity and improve its cost/income ratio overall.

Morgan Stanley CEO to Take Pay Cut

Mr. Gorman's total pay isn't expected to fall sharply

Bank of America Forms Global Advisory Council

Bank of America today announced the formation of the Bank of America Global Advisory Council with the appointment of 13 internationally recognized business, academic and public policy leaders.

Houlihan Lokey Further Strengthens Tax and Financial Reporting Valuation Services

He joins from Ceteris, where he was a managing director leading tax valuation engagements for the firm’s U.S. multinational clients.

Lazard Appoints Senior Advisor

He was formerly President and Chief Executive Officer of Nomura's Global Wholesale Division and Chairman and Chief Executive Officer of Lehman Brothers Asia.

TD Ameritrade Q1 profit falls, even as assets soar

Ameritrade, the biggest online broker by customer trading volume, reported its fiscal first-quarter profit.

Cantor Fitzgerald's Investment Banking Push Goes Awry

Kantor had stepped up his hiring in prior months, and the bankers discussed the renewed push into underwriting and merger advice

Bank of America profits fall after bad debt charges

Bank of America and Citigroup's results come a day after rivals Goldman Sachs and JP Morgan both reported sharp rises in profits on the back of strong performances by their investment banking arms.

Bank of America Cuts 14,600 Employees in 2012 to Reduce Costs

The quarter’s decline in headcount was the highest in a year.

BNY Mellon’s profit climbs 23 per cent

“Expect the stock to be a bit soft post the recent run.”

Goldman Sachs’ earnings surge as investment banking revenues jump, aided by bond rally

The bank’s debt underwriting business profited from a rally in bonds and a surge in demand for debt securities.

Citi Falls Short on Earnings; Blames New Regulations

Fourth Quarter Results Included $1.3 Billion of Legal and Related Expenses