Managers of Wealth Americas

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

Goldman Sachs, JPM, Morgan Stanley hiring from Credit Suisse

In June, David Krap, Credit Suisse's EMEA head of technology media and telecoms M&A went to JPMorgan.

Citigroup : Citi Named Best Investment Bank in Central America & Caribbean and Best Bank for Financing in Latin America

Citi Named Best Investment Bank in Central America & Caribbean and Best Bank for Financing in Latin America

Jefferies Dumps Last Vestiges of Leucadia’s Merchant Bank

Leucadia agreed in late 2012 to purchase Jefferies for $2.8 billion and install Jefferies management as its top executives.

Capital Clarity Celebrates Three Years of Excellence in Investment Banking

Capital Clarity combines the best of big bank and strategic experience with a bespoke, focused and agile boutique platform.

Citi makes strategic investment in Illuminate Financial

The deal makes Citi a limited partner in Illuminate Financial’s venture capital approach.

Emirates NBD Group and BNY Mellon announce strategic alliance to accelerate growth of UAE capital markets

Collaboration leverages BNY Mellon's global capabilities with Emirates NBD's regional expertise and deep footprint in the UAE market

Global investment banking fees fall 31% to three-year low

JP Morgan maintained the top spot for investment banking fees earned during the first half of 2022 with $3.8 billion

JPMorgan's senior rates traders keep leaving

Hallgrimsson, who was based in London, left the bank after nearly 20 years. It's understood that he quit for personal reasons.

Ex-Merrill Team With $453M AUM Moves To Raymond James

They are joined by client service associates Debbie Ardoin and Mackenzie Wright.

Morgan Stanley CEO sees 50% chance of U.S. recession

The benchmark S&P 500 looked set to confirm a bear market on Monday after falling more than 20% from its Jan. 3 record closing high due to growing investor fears of a potential recession.

BancTrust & Co. Investment Bank Announces Launch of U.S. Broker-Dealer Affiliate

London-based Emerging Markets Investment Bank Announces the Launch of its Broker-Dealer Affiliate in New York

Wells Fargo Announces Markets Leadership Team in the Corporate & Investment Bank

“We look forward to leveraging our competitive strengths to drive greater client relevance and increased market share by developing a more diversified set of products and capabilities across asset classes.”

Raymond James Adds $580M Team From Wells Fargo

The group of four advisors will run Raymond James & Associates’ first location in Monroeville, Pa.

Wells Fargo Reports First Quarter 2022 Financial Results

The company will host a live conference call on Thursday

Deutsche Bank and Commerzbank shares slide after investor sale

Deutsche Bank shares were down 8.8% and Commerzbank had lost 8% by mid-afternoon in Frankfurt.

Truist and the Braves Development Company announce new national headquarters for Truist Securities inside The Battery Atlanta

Announcement Renews and Expands Truist's Presence in Atlanta