Managers of Wealth Americas

Exclusive: JPMorgan to hire about 2,000 engineers even as economy softens

The roles will be across the bank, including in general software engineering, data science, cybersecurity and cloud computing, among other areas.

Goldman Sachs' bankers get their marching orders as Wall Street starts to purge under-performers

Layoffs are hitting Goldman Sachs in a sign of the pain inflicted by a slowing economy.

Advisor Overseeing $4.5B Ditches Merrill for Independence

Ash Chopra has launched Syon Capital in San Francisco.

Bank of America Always Expected a Big Year From Its Loan Business. Now, It Might Be Even Better

The Fed has not only raised rates, but it's raised them aggressively, much more so than anyone would have likely imagined when the year began.

Citrix debt deal prices with large losses for banks

Bank of America, Credit Suisse and Goldman Sachs lose $500 million on debt for Citrix buyout in a troubling sign for private equity dealmaking.

Goldman Sachs is firing in places it was hiring only last year.

The latest news story, relating to “at least 25 investment bankers in Asia” gives us a few clues, but still leaves the big underlying question unanswered.

TD Securities invests in Canada's largest ever private conservation project, announces formation of ESG Solutions' Carbon Advisory Practice

$10 million investment in Nature Conservancy of Canada's work will help conserve more than 350,000 acres of Boreal forest and builds on TD's leading role in the carbon markets

JPMorgan and Goldman are still top dogs in investment banking but business shrinks significantly in 2022

Investment bank revenue shrinks in 2022 as M&A activity takes up a bigger piece of the smaller pie

Bank of America to offer paid sabbaticals starting next year

Employees who have served 15 years at the bank can take four weeks, with an extra week for 20-year vets, and a sixth for those with 30.

JPMorgan warns of up to 50% drop in investment banking fees

Gloomy outlook underscores Wall Street anxiety over global economy and debt markets

Bank of America enlists thousands of employees for wealth lending groupBank of America enlists thousands of employees for wealth lending group

The new organization will underwrite wealthy clients' margin loans, securities lending, mortgages and vehicle loans.

Bank of America targets Miami with "zero down" mortgage program

BofA also has a separate but similar program, launched in 2019, that offers down payment grants in 69 markets across the country.

Standard Chartered Leaders Recognized on 2022 Heroes Women Role Model Lists by INvolve

Six colleagues celebrated for championing women in business and driving gender diversity in the workplace

BofA to Unveil Formalized Work-from-Home Policies

BlackRock, meanwhile, has already ordered all its employees to be at the office at least three days a week.

The JPMorgan bankers trying to stop big cuts at Credit Suisse. Terror on the trading floor as Bloombergs are at risk

But there is also apparently a strong faction, led by former JPMorgan star Blythe Masters, prepared to make the case that it’s a bit more complicated than that.

Bank of America invests more in its digital channels

Bank of America spends USD 11 billion on technology every year, including USD 3.6 billion set aside for new initiatives.

Citigroup says it will close Russian consumer business

Citi joins other major Wall Street players which have also shut or announced plans to close operations in Russia, in line with sanctions imposed by Western countries.

Here's what Goldman, J.P. Morgan, BAML and Morgan Stanley pay in the U.S.

That will mean lower bonuses for 2022, but all have hiked salaries considerably for junior talent, which continues to be in demand.

Amundi US Expands ESG Offerings with Amundi US Equity ESG Improvers SMA

This ESG Improvers strategy may appeal to US investors looking for a core ESG holding with the potential to participate in the upside of companies that are expanding their focus on ESG.

TD to Expand its U.S. Investment Banking Business and Capabilities with Acquisition of Cowen Inc.

Acquisition will create an integrated North American dealer, significantly accelerating TD Securities' U.S. growth strategy