Managers of Wealth Americas

BofA Prepared for ‘Turbulent Times’

Bank of America Chief Executive Officer Brian T. Moynihan told employees in a year-end letter that he bolstered the firm against risk and will make more improvements in 2012.

Volatility creates long-term opportunities - HSBC Global Asset Management

In its global outlook for 2012, HSBC Global Asset Management argues that frequent rotations in sentiment in markets reflect the fact that officials have been applying a 'band-aid' approach to addressing fundamental problems

John Thiel: Calming the Merrill Lynch herd

Like all wealth managers, Mr. Thiel and his legions of advisers have their hands full keeping clients calm in a nerve-racking market.

Major US banks rank as best employers for gays, lesbians

Financial firms outperformed most other industries in adopting and enforcing non-discrimination policies, offering health insurance for same-sex partners and recruiting and retaining lesbian, gay, bisexual and transgender employees, according to the repo

Market appetite for yield returning - survey

iquidity is key, and remains the biggest concern in treasury departments

Golden handcuffs at Merrill Lynch loosening

The impact of the change on adviser headcount likely won’t be clear until Merrill releases headcount figures in its first quarter results next year.

US group launches investment banking advisory boutique

The firm's partners have a proven track record of delivering tailored and creative advice to clients over the course of multi-year engagements.

The Greatest Hoax in the History of Money: The Fed, The Banks, and All Those Lies

No, scratch that. It was the greatest hoax in the history of money. And it was built on lies. How many? Let us count the ways.

Playing Financials For Another 'Lehman Moment'

Once Bank of America crosses the $5 mark, investors will no longer be able to buy it on margin. Several big hedge funds hold huge positions in these firms, especially B of A, and it could just get to the point where they say enough is enough. $5 could be

S&P cutsratings for most top U.S. banks

BofA and Wells Fargo fall 1 notch after ratings agency overhauls criteria.

BofA signs up for $1bn solar project

SolarStrong makes affordable solar power projects available for privatized military housing communities nationwide, expected to be largest residential solar project in American history

Surprise! Guess Where the World’s Most Profitable Banking Center Is…

If you haven’t noticed, most banks hardly lend against anything that isn’t guaranteed by the government anymore.

31 banks on Fed's watch list

The 31 banks on the list have Tier 1 common risk-based ratios ranging from 6.89% at M&T Bank Corp., according to the company’s third-quarter earnings release, to 15.96% at State Street Corp, SNL Financial reports.

BNY Mellon to change US funds ‎

The decision to make the change has been taken by BNY Mellon Fund Managers Limited following a change to Newton Investment Management Limited's investment team.

Major PE firm completes mgmt buyout of HSBC unit

Fulcrum intends to continue the legacy of profitable investments, which began with HSBC Capital (Canada) Inc.

Major US banks look to new profit-making channels as client backlash continues

Banks began instituting monthly fees in response to last year's Dodd-Frank legislation that limited the amount of money banks could charge merchants for individual transactions.

What would happen if an asteroid hit U.S. banks?

This dire picture is what the Federal Reserve wants U.S. banks to imagine when they test their balance sheets for resiliency against a major economic shock.

World Bank urges financial sector to create jobs

The seminar aims at discussing the findings of the September-issued World Bank report entitled “Financial Access and Stability: A roadmap for the Middle East and North Africa” which provides an analytical view of the financial sector across t

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