Managers of Wealth Americas

Wells Fargo invests in six black-owned bank

These investments are designed to help the banks become stronger and more impactful to the minority communities they serve

BNY Mellon OMNI(SM) Selected by Gabelli Funds to Launch its New Actively Managed ETF

The fund incorporates a research-intensive process of both value focused social screens and a holistic ESG analysis to deliver returns in an environmentally accountable manner

TD Bank Group to release first quarter financial results

Financial results will be issued in a press release at approximately 6:30 a.m. ET.

M&T Bank and Wilmington Trust Announce Partnership with Schomburg Center for Black History Month

These free virtual events are open to the public and will feature live video and interactive Q&A sessions, each with a unique story, lesson, or performance.

Bank of America – Credit Investors Worldwide Are Piling Into U.S. Corporate Debt

Net dealer to affiliate volume is picking up again after a slump in late December.

Well Fargo Offers 100% Production Bonuses to Assuage ‘International’ Advisors–Sources

Wells will accelerate those brokers’ deferred compensation vesting schedules, forgive promissory note balances on their forgivable loans and delay distributing their accounts to other brokers for 30 days after their departure, they said.

Bank optimism growing

More broadly along these lines, the banks should also be viewed as a bellwether for the economy at large given that they represent the primary transmission mechanism between monetary policy and the business cycle.

What investors are watching for as UBS prepares to kick off Europe’s bank earnings

UBS will kickstart the earnings season for Europe’s major lenders on Jan. 26, having posted a 99% rise in net profit in the third quarter of 2020.

BNY Mellon 4Q Profit, Revenue Fall

Fee revenue fell to $3.12 billion from $3.97 billion, reflecting the gain on sale of an equity investment in the year-ago period.

Bank of America posts quarterly profit that exceeds analysts’ expectations but revenue falls short

Bank of America reported earnings per share of 59 cents, 4 cents better than the consensus estimate of analysts surveyed by Refinitiv.

Strong Investment Banking to Support BofA (BAC) Q4 Earnings

During the fourth quarter, the number of announced global M&As jumped.

Why the Bank of Canada could be among the first to raise interest rates

Central bank may be forced to confront inflationary pressures sooner than most of its peers

Wells Fargo posts rare rise in income

The company also booked $781m in restructuring charges as chief executive Charlie Scharf takes tough measures to shift fortunes at the bank that he joined in 2019.

Wells Fargo Reports Fourth Quarter 2020 Financial Results

The financial results are available online

TD Bank Group to acquire Wells Fargo's Canadian Direct Equipment Finance Business

Acquisition strengthens and expands TD Business Banking capabilities across Canada

Wells Fargo Launches Office of Consumer Practices

New group will drive consumer-centric approach across the bank

Jefferies IB strength sets up strong earnings season for Wall Street

The broker-dealer posted stellar investment banking and markets numbers for 2020 – and reckons this is just the start.

Top US banks set for $10bn round of buybacks

Wall St expected to near limits on repurchases as loan losses recede and capital markets soar

Wells Fargo to expand investment bank as CEO Scharf sets strategy

The push would take the fourth-largest US bank a step closer to emulating some of its biggest rivals

Wells Fargo Planning to Ramp Up Investment Banking Division

For the nine months ended Sept. 30, investment banking fees made up about 5.8% of Wells Fargo's total non-interest income.