Managers of Wealth Americas

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.

Strong Investment Banking Results Drive Record Earnings for Jefferies

Debt underwriting more than doubled in 4Q20 yoy, while advisory revenues were up 83.0%, also above market averages.

Fortunes swell for investment bank chiefs in tumultuous year

Holdings boosted by activity surge while heads of lenders with retail operations suffer losses

Exclusive Financial Advisor to Falcon Investment Advisors

Oppenheimer & Co. Inc. Acted as Exclusive Financial Advisor to Falcon Investment Advisors on its Sale to Onex Corp.

what Wall Street investment banks expect by 2021

No American investment bank expects the S & P500 to fall in 2021. In the midst of the exit from the economic crisis that the coronavirus generated, the projections of investment banks for American stocks range from modest to others that are really ver

US investment bank Jefferies chooses KB over Mirae Asset

In addition, they plan to host various events for their clients, such as conferences overseas and non-deal roadshows.

Jamie Dimon signals strong end to year on Wall Street

JPMorgan chief says trading and investment banking revenues are up about 20% in fourth quarter