Managers of Wealth Americas

Morgan Stanley CEO says no Wall Street brain drain

The news of the low year-end pay, at least by Wall Street standards, has sparked griping that being an investment banker is not worth it anymore. Some have said it was a big ego blow.

Revealed: Toxic bank Goldman Sachs' web of global pals

It wiped more than $2billion – almost £1.3billion – off the Wall Street giant’s share value yesterday.

Goldman top brass takes another knock

Every time Goldman Sachs Grou President Gary Cohn sticks his chin out, he seems to take another hit.

JPMorgan staff told go easy on Goldman's Muppetgate

It's not the way we do business," Dimon said in the memo, a copy of which was seen by Reuters.

Jeremy Hill of JPMorgan in New York Dies at 43

A New Zealand native who lived in Manhattan, he served on the board of the SAMFund, a Boston-based nonprofit organization that provides grants to help young adults transition to life after cancer.

An Ex-Morgan Stanley Managing Director's Novel Was Just Nominated For A Super Prestigious Prize

Aifric Campbell's On The Floor tells the story of a young woman who rises to the top of the world of high finance only to be dragged under by debilitating insomnia, alcoholism and ruined relationships.

Wells Fargo plans to expand internationally

The bank, long known for its U.S. focus, will open corporate banking services in Britain, Germany, China, Singapore and Australia, according to the Financial Times as reported by Reuters.

JPMorgan Chase to build up to 200 branches in Florida

Since it’s the largest bank in the United States based on its $2.3 trillion in total assets, a lot of observers were watching and listening closely to what Chief Executive Officer Jamie Dimon and other executives had to say.

JPMorgan targets record annual profits, again

That time likely to be in two to three years once the housing market improves and the legal issues linked to mortgages are resolved.

LPL scores former Merrill exec as CMO

Khoury brings years of experience developing and promoting the biggest brands in the financial services industry. At Merrill, she was senior vice president, strategic marketing and oversaw a 90-member team that developed award-winning marketing and brand

Bank of America Merrill Lynch Scoops Six Top Awards

The award for Best Global Debt Bank was given to BofA Merrill due to the success that the debt platform has experienced over the past year.

HSBC Bank Canada fourth quarter 2011 results

The abbreviations 'C$m' and 'C$bn' represent millions and billions of Canadian dollars, respectively.

Emerging Markets Bear Burden Of Higher Capital Requirements

Doubts about the impact of heightened capital requirements and other banking regulations on profits, combined with uncertainty about risks related to the euro-zone's debt problems, have prompted banks to consolidate their balance sheets and cut back

For Former Lehman CEO, Life on Wall Street is Tough

The problem for Fuld centered on regulators continued questioning of how much business he was generating at the firm and Fuld’s inability to obtain brokerage licenses from state regulators, according to people with direct knowledge of the matter.

BofA to accelerate growth efforts in China

China may become Bank of America's largest revenue and profit contributor in Asia Pacific in two years, according to Huang, who declined to say where the business ranks now.

Citi boosts ABS buying through asset management arm

JPMorgan‘s decision to essentially underwrite the return of the European asset-backed securities (ABS) market after 2007 is one of the most contrarian and successful investment strategies the market has witnessed.

'No improvement in BRICs capacity to withstand shocks from global risks despite economic growth'

The findings of the Global Risks Atlas 2012, released by risk analysis firm Maplecroft, indicate that strong economic performance in the BRICs has not translated into improved societal resilience or governance, which constrain a country’s ability to

Macquarie Pushes Harder into Asia, Americas

The partnership includes investment banking services such as inbound and outbound M&A as well as equity capital markets transactions. In securities, the agreement provides for exclusive cooperation in institutional equity sales, co-branded research to

MORGAN STANLEY: This Much Cross-Asset Optimism Is Usually A Bad Sign

CFTC data shows that there are currently net speculative long positions in the Nasdaq, US treasuries and oil. Since 1999 the average 6m performance of MSCI Europe post such an occurrence is -6.6% and the probability of a rising market is just 19%.

Goldman Sachs caught in a Sharia Catch-22

Why? Because Middle East petrodollar funding must be used to strengthen Middle East petrodollar goals.

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