11/11/2012
No increase in banker bonuses this year
That’s because there’s much less investment-banking business being done today, at least compared with the halcyon days of Wall Street just before the market meltdown of 2008.
Investment Banking
11/08/2012
Morgan Stanley Reassures Its Bankers
Morgan Stanley gathered its new team of investment-banking leaders in New York this week.
11/05/2012
Stifel Financial to buy fellow investment bank
The transaction is valued in excess of $575 million
11/01/2012
Mercer Reports 2012 Third Quarter Results
For the third quarter of 2012, we had a net loss of €9.7 million
10/31/2012
Wells expands in investment banking as others retreat
As banks across Wall Street retreat from the trading business, Wells Fargo & Co is expanding.
10/25/2012
S May Reduce Kengeter’s Role in Investment Bank Shakeup
Additional job cuts are also on the way, including about 400 staff, or 10 percent of the investment bank’s front-office employees in Europe, people familiar with the matter said last week.
10/24/2012
T. Rowe Price profit rises 33%
T. Rowe's assets under management totaled $574.4 billion as of the end of September
10/24/2012
Ameriprise 3Q profit shrinks nearly in half
Ameriprise Financial Inc. said Wednesday its third-quarter net income dropped nearly in half
10/23/2012
UBS ready to take axe to investment bank
Executives of the bank were locked in a board meeting in New York on Tuesday to thrash out details of the plan.
10/22/2012
Goldman Sachs 'muppet' trader says unsophisticated clients targeted
'Getting an unsophisticated client was the golden prize,' Greg Smith tells CBS News' 60 Minutes
10/18/2012
Morgan Stanley brokerage shows improvement
Morgan Stanley's wealth management business posted a stronger profit margin in the third quarter
10/16/2012
Bank of America ekes out a profit as crisis-era costs drag
The third quarter of 2012 was negatively impacted by $1.9 billion of debit
10/15/2012
Charles Schwab Profit Rises 12%
The company's earnings met Wall Street forecasts.
10/15/2012
Goldman Sachs swings to profit
The firm ranked first in worldwide equity and equity-related offerings and common stock offerings for the year-to-date.
10/14/2012
JPMorgan deploys new trading model
The January switch and the timing of the firm’s disclosures are the focus of an inquiry by the Securities and Exchange Commission as the US examines how long executives knew about the CIO’s swelling bets and losses.
10/04/2012
The Woman Who Took the Fall for JPMorgan Chase
He looked out into the audience, where Ina Drew, the 54-year-old chief investment officer, was sitting at one of the tables. “Ina,” he said, singling her out, “is bold.”
10/03/2012
Moelis & Company Acquires Freeport Financial Partners
The acquisition expands Moelis & Company's asset management platform and enables Freeport to benefit from the added resources and global reach of a larger organization.
09/24/2012
Morgan Stanley Smith Barney Becomes Morgan Stanley Wealth Management
It's the end of an era and the beginning of a new one as Morgan Stanley announced Tuesday that its U.S. wealth management business, Morgan Stanley Smith Barney, has changed its name to Morgan Stanley Wealth Management.
09/19/2012
Bank of America Ramps Up Job Cuts
The reductions for the final six months of the year, outlined in a document given to top management, are part of a larger effort to retool Bank of America into a leaner and more focused enterprise.
08/27/2012
5 U.S. Banks That Made the World’s 50 Safest Banks List
The highest ranking U.S. bank came in 29th on the report