Managers of Wealth Americas

Citi profit drops as costs rise for employee severance, deposit insurance

The result is a cleaner, simpler management structure that fully aligns to and facilitates our strategy.

Wall Street Banks Regaining Share of Financing Deals

Investment banking fees garnered by banks covered by analysts at Morgan Stanley are expected to rise 19% in the first quarter compared to a year earlier, those analysts said, per the report.

The highest paying investment banks in the world, ranked

Goldman Sachs, which paid average salaries of $200k and average bonuses of $199k for 2023, was the highest paying bank we polled.

BofA’s people were twice as happy with their pay as UBS’ last year

Respondents happiest with their pay last year worked for Santander.

The biggest multistrategy hedge funds now employ nearly 16,000 people

In the past year, Millennium has added 260 net new investment staff

JPMorgan sets up a dedicated sports investment banking team, memo shows

Dealmaking in the sports industry remained robust last year despite global mergers and acquisitions (M&A) volumes hitting a decade-low.

The wisdom of Goldman Sachs' understated partner

When he spoke in Hampstead about the launch of his new book a few weeks previously, he invited his children and the juniors on his team.

Goldman Sachs, JPMorgan, Morgan Stanley, Citi and BofA: top salaries & bonuses in London

These figures are made public in Europe and the UK as part of the European Union's pay transparency requirements.

BNY Mellon’s Pershing on Ashton Thomas and the future

Exclusive insight into BNY Mellon's Pershing and its plans.

BofA joins rivals in predicting stronger investment banking revenue

The BofA markets division is expected to have a robust performance fuelled by equities trading in the first quarter

Citigroup CEO sees rising fees in investment banking, weaker markets revenue

"It's not rocket science," Fraser said. "Stick to the plan, head down, and just relentlessly execute."

Goldman Sachs wants a new investment banking analyst. 900 people have applied

The deluge comes as Big Four firms are cutting advisory staff and as banks like Barclays and Jefferies and Rothschild have been cutting juniors.

Cross River draws Morgan Stanley, SVB vets to lead investment banking launch

Henry Pinnell and Benjamin Samuels will lead an effort that includes advising clients on mergers and acquisitions, capital markets transactions and other corporate finance matters, the bank said.

Citigroup's "big beasts" could be awkward for their new JPMorgan boss. The horrors of gardening leave

Citi's new hire has a history of treading on toes, often with good reason.

Citigroup's surprise layoff suggests the perils of being promoted.

The extraction of Conor Davis, one of Citi's most senior salespeople, therefore looks like a surprise.

National Bank of Canada profit beats on trading strength

Fee-based revenue from the company's wealth management unit also rose 8% to C$375 million.

Cambridge Wilkinson Investment Bank Closes $145MM Leverage Facility for Private Non-Bank Real Estate Lender

This is a recurring theme that bodes well for the investors that we work with who are hungry for private credit opportunities, in particular.

Citi’s last bonus announcement shows Goldman’s largesse. How to make $600m without doing anything

And the letters are, in turn, often surprisingly far away from the amount of money which ever ends up in someone’s bank account.

Santander is still sweeping up ex-Credit Suisse people, and more

It’s in Madrid, of all places in the world – and Santander is mostly a retail bank, anyway.

Natixis Corporate & Investment Banking joins United Airlines as corporate partner

Natixis CIB joins a group of 22 investors consisting of industry leaders across the aviation value chain