Managers of Wealth Americas

Citi second-quarter profit falls, old assets sting

Citi Holdings' losses widened to $920 million in the second quarter from $661 million in the same period a year earlier.

FN100 methodology: Investment banking

In previous years, the investment banking category has included the heads of the corporate and investment banking arms of European banks, mainly because their group chief executives were included under the ‘chief executives’ category.

All eyes on JPMorgan as banks report earnings

JPMorgan Chase revealed a $2 billion trading loss, triggering an investigation by the government and hearings in Congress. Then the large banks were implicated in a global dust-up over interest rate manipulation.

The Real Loss For Jamie Dimon And JPMorgan Chase: Their Integrity

The disaster that has emanated from JPMorgan’s chief investment office continues to grow.

Cambria's Bank of America branch to close in November

Inquiries by The Tribune determined that there are five employees at the bank, all of whom expect to be transferred to other Bank of America locations within San Luis Obispo County.

Bank of America Merrill Lynch Named Best Global Equity House

Wins Five Additional Awards in Annual Competition

China Banks Coming to America

With the finalization of the deal, ICBC gained the license to conduct retail banking in the United States and expanded its organization and business network in the country, ICBC Chairman Jiang Jianqing said at a ceremony marking the completion of the tran

Most Women In Hedge Funds Feel Disadvantaged

More than eight in 10 women in the hedge fund and private equity industries feel their gender has affected their likelihood of having a successful career, Financial News reports.

"The unacceptable face of banking": The lavish lifestyle of banker Bob and how he made his millions

In a good year, the outgoing chief executive – who resigned Tuesday- could be paid up to £20million – about 1,000 times more than a teller in a high street Barclays.

Top global banks have 'living wills' if they fail: Ten facts

If regulators find that the resolution plans are not credible, they could force the banks to sell off business lines and restructure to become less complex.

Global investment banking fee income falls 25%

The fees totalled nearly $14 billion in the second quarter, down from more than $18 billion in the first quarter of 2012. Year to date, fees have totalled $32 billion, down 25 percent from the same period in 2011.

Global investment banking fee income fell 25 percent in Q2

The fees totaled nearly $14 billion in the second quarter, down from more than $18 billion in the first quarter of 2012. Year to date, fees have totaled $32 billion, down 25 percent from the same period in 2011.

JPMorgan Trading Loss May Reach $9 Billion

Losses on JPMorgan Chase’s bungled trade could total as much as $9 billion, far exceeding earlier public estimates, according to people who have been briefed on the situation.

Deutsche Bank to push U.S. investment bank

Deutsche Bank will focus on expanding its investment bank in the United States and on overhauling the asset and wealth management division, new co-chief executives Anshu Jain and Juergen Fitschen told Manager Magazin in an interview.

Bosses Rein In Banker Who Golfs With Obama

One of the biggest banks in the world wants the president's favorite banker muzzled. One of the biggest banks in the world wants the president's favorite banker muzzled.

US politicians attack 'London loophole' as JP Morgan boss explains $2bn loss

Giving evidence to US lawmakers yesterday[Tuesday], Mr Dimon said JP Morgan’s CIO [Chief Investment Office] operation “could have been in London or somewhere else” as he defended the bank’s British operations.

HSBC Starts Yuan Bond Fund for U.S. as Dim Sum Market Expands

It will be managed by HSBC Global Asset Management’s Hong Kong-based fixed-income team, it said.

Jamie Dimon blames JP Morgan losses on top executives in Senate testimony

Appearing before banking committee, JP Morgan boss is critical of legislation that would curb some types of hedging in US

Smith Barney Name to Join Wall Street's Dustbin ‎

The name change, to Morgan Stanley Wealth Management, has been the subject of speculation for more than a year, but Morgan Stanley Chief Executive James Gorman for the first time confirmed the branding plan in a public setting.

Wells Fargo Named Best U.S. Trade Bank

The Trade Finance Awards for Excellence are considered the most comprehensive poll of the global trade finance market, revealing which institutions lead by market sector and on a country-by-country basis.

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