Managers of Wealth Americas

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.

Ex-Merrill broker boss slams bank on client focus

When LaMothe abruptly left one of the highest-profile jobs on Wall Street last May, he cited personal reasons.

Moody’s may downgrade global banks including RBC

Moody’s said the challenges range from more fragile funding conditions and wider credit spreads, to increased regulatory burdens.

Capital One-ING deal gets U.S. approval

All five Fed governors voted in favor of the deal, the Fed said on Tuesday.

Asset management M&A edged up in 2011-report

The level of mergers-and-acquisitions activity in 2012 is likely to be little changed from last year as financial and political uncertainties persist, the report said.

Bank Of America VP Killed In Skiing Crash

A Boston Bank of America vice president was killed Saturday when he crashed into a tree while skiing at the Sugarbush resort in Vermont, according to the Burlington Free Press.

Hana Financial Group seeking to buy Korean American bank in U.S.

"We are ready to start talks with any banks," Yun added, declining to give further details.

Wells Fargo Named the USA's Most Valuable Banking Brand

Bank of America, Chase and Citi Bank rank in the Top 10 Banking brands globally.

Encore Bancshares reports 4Q earnings

Encore Bancshares, Inc today reported fourth quarter 2011 net earnings of $2.1 million, or $0.17 per diluted common share and full-year net earnings of $7.2 million or $0.11 per diluted common share after deducting preferred dividends for each period.

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