Managers of Wealth Americas

Margin growth supports Wall Street bank earnings

A strong quarter for trading helps offset plunge in investment banking, Moody’s says

Goldman to fold major business units into three main divisions in sweeping reorganisation

The reorganisation could be announced within days, people familiar with the matter said

Goldman plans major overhaul to combine key units -source

The combined investment banking and trading group will be overseen by Dan Dees and Jim Esposito

TD Named Best Consumer Digital Bank in North America for Second Consecutive Year by Global Finance

TD continues to leverage its innovation capabilities to better support customers with new tools and more personalized digital experiences as evident with recent industry reports.

Goldman Sachs’ Custody Unit Signs $1B Breakaway Team from Merrill

Goldman Sachs jumped into the RIA custody business when it purchased Folio Financial in September 2020, but the unit has been relatively quiet the last two years.

Scotiabank named Investment Bank of the Year for the Americas by The Banker

Prestigious recognition adds to Scotiabank's strong award-winning year

Scotiabank named Investment Bank of the Year for the Americas by The Banker

Prestigious recognition adds to Scotiabank's strong award-winning year

RBC cuts 10 investment banking jobs in U.S., spokesperson says

RBC's U.S. business includes retail banking, capital markets, wealth management and treasury services and wealth management.

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.

Investment Banking