Managers of Wealth Americas

Alan Greenspan Bravely Rushes To JPMorgan Chase's Defense, With A Bucket Of Nonsense

The same man who made it easier for those banks to shoot craps with their spare cash while also holding federally insured deposits. T

Fed's Dudley: U.S. banks in better crisis shape

This does not mean that the U.S. would be completely insulated from any type of crisis stemming from Europe, he noted, particularly if banks refuse to lend to each other out of a concern for counter-party risk, he said. If that happened, it would affect t

Facing Down the Bankers

But Mr. Kelleher does not work for banks. He works against them.

Stop big, bad U.S. banks before they lend again!

If only the Volcker rule had been in place. If only the Dodd-Frank law had an additional 1,000 pages of rules

Merchants Bank Recognized as One of the Top Performing Banks in America

No other Vermont-based or New-Hampshire-based banks were represented in the top 20 of either ranking.

JPMorgan Chase trading fiasco: What to do about big banks?

Investors filed two lawsuits against the firm, alleging that the firm took undue risks and made misreprentations to shareholders prior to last week, when the firm announced the losses.

Morgan Stanley Investors Back Pay Plan After Gorman’s Cut

Corporate Secretary Martin Cohen was interrupted in announcing the tally by about 20 protesters who engaged in an organized chant about executive pay and income inequality.

Traders Are Saying This Legendary Deutsche Bank Veteran Harpooned JP Morgan's 'London Whale'

But who was on the other side of that trade?

BofA Merrill Lynch Fund Manager Survey Finds Rising Investor Demand for Growth Stimulus

Investors are looking for greater stimulus as expectations of economic growth have fallen further and as concerns about inflation have eased significantly . Only a net 15 percent of the panel expects the global economy to strengthen in the year ahead, do

Morgan Stanley reportedly mulls Korean Savings buy

Operations at Korea Savings Bank were suspended by Seoul's financial regulators earlier this month due to its weak financial standing.

US Bank Hit By 'Embarrassing' $2bn Loss

Chief executive Jamie Dimon blamed "errors, sloppiness and bad judgement" for the embarrassing loss.

US banks face liquidity woes

Bernanke has tightened bank oversight and stepped up Fed research on financial risk in the aftermath of the 2008-2009 credit crisis, which plunged the US into the worst recession since the Great Depression and cost 8.8 million Americans their jobs.

Fed approves Chinese purchase of US lender

The Fed also approved an application by the Bank of China to set up a branch in Chicago and an application by the Agricultural Bank of China Limited to establish a branch in New York City.

Nomura Targets 100 Top Executives in Investment Banking

The unit expects to have about 100 managing and executive directors within three to five years, up from 38 now, James DeNaut, head of investment banking for the Americas, said in an interview in New York.

Bank of America Selects a Team at WPP as Its Branding and Advertising Agency

Bank of America has announced it has selected Team Bank of America at WPP as its global agency of record after an extensive review.

Bank takes famous name, poises for future

York, a career banker, helped organize the bank six years ago as Bank of North Las Vegas, when the region's economy was still robust and new-home developments were attracting residents and businesses to Las Vegas.

City National Bank to Acquire Rochdale Investment Management

Rochdale will be combined with City National Asset Management to create an $18 billion investment management firm called City National Rochdale Investment Management.

Signature Bank's first-quarter results reach new high

This increase is primarily due to growth in average interest-earning assets. Total assets reached $15.28 billion at March 31, 2012, an increase of $2.9 billion, or 23.4 percent, from $12.38 billion at March 31, 2011. Average assets for the 2012 first quar

JPMorgan poised to sell U.S. metal concentrate unit

JPMorgan Chase is close to selling its U.S. metal concentrates trading arm and could announce a deal as early as Monday, two sources who were informed of the deal told Reuters this week.

BNY Mellon overcomes outflows to see 3.8% asset rise

For the latest quarter, the company reported net outflows of $2 billion, with $7 billion of net inflows for its long-term strategies more than offset by $9 billion in money market outflows.