Managers of Wealth Americas

Goldman Sachs top M&A adviser by deal value in first half of 2020

JP Morgan, Morgan Stanley, Bank of America and Citi rounded off the top five advisers by deal value, GlobalData says

Sumitomo Mitsui Trust Asset Management opens New York office

In addition to offering Japanese market opportunities to U.S. investors, the New York office will conduct research on external products for Japanese investors.

BBVA USA opens 15 de novo branches with updated banking model

Sparks said BBVA understands that banking happens 24/7, and the new branch model helps blend the bank's digital capabilities with face-to-face interactions.

BNY Mellon Investment Management and Wilshire Associates Launch Transformative Advisor-Focused Custom Target Date Platform

Platform Democratizes Access to Custom Target Date Solutions Previously Only Available to the Largest Multi-billion Dollar Plans

Credential phishing attack impersonates Bank of America

The phishing email leads recipients to a phony BOA landing page in an attempt to steal their banking credentials, according to Armorblox.

BofA: Managers ‘nowhere near’ bullish on economy

The fund manager survey forecasts 10-year annualized equity returns to be just 3.4%.

Goldman Sachs outlines plans for US employees' return to the office

Investment bank will welcome back an initial group to the NYC, Jersey City, Dallas, Salt Lake City offices starting June 22.

JPMorgan’s Traders Race Ahead in the Pandemic

Other trading firms are doing well too, although not as handsomely as Pinto’s employer.

Oppenheimer & Co to acquire Brandis Tallman

Oppenheimer & Co is to acquire San Francisco-based Brandis Tallman, an investment bank specialising in the underwriting and placement of municipal debt for California issuers.

Scotiabank profit drops 41.5% on higher loan losses

Canada's third-biggest lender said net income attributable to common shareholders fell

Goldman Sachs to Expand Its Cash Management Business

The investment bank plans to launch the service in the United Kingdom in September, and the rest of Europe by end of the year.

JPMorgan to grow analyst team in China

In Q2 2020, JPMorgan Asset Management successfully obtained an agreement to gain full ownership of China International Fund Management, which was the firm’s China joint venture with Shanghai International Trust Co.

Bank of America, Citi, Chase, and Wells Fargo have shifted employees to deal with defaulted loans

As initial loan deferrals approach their expiration dates, banks will need the extra workforce to assess next steps.

Deutsche Bank NY managing directors are regrouping at PJT Partners

Brand has been with PJT since 2016; Barot joined in 2017.

M&T Bank Corporation Announces First Quarter Results

Effective January 1, 2020, M&T adopted amended accounting guidance for the measurement of credit losses on financial instruments.

BNY Mellon Reports First Quarter 2020 Earning Of $944 Million Or $1.05 Per Common Share

Our fee revenue increased 10 percent as we experienced elevated transaction volumes and heightened volatility in March.

Investment bank consolidation seen likely amid virus fallout

Analysis in the report shows that even in a "rapid rebound" recession, lasting up to six months, there could be a 100 per cent decline in earnings this year.

World’s Best Investment Banks 2020: Global Winners

Economic expansion in 2019 provided solid growth for investment banks, but the COVID-19 epidemic suggests contraction ahead.

Boeing hires Lazard, Evercore to assess government aid or private loans: source

Boeing has noted that typically 70% of its revenue flows to its 17,000 suppliers and has told lawmakers that without significant assistance the entire U.S. aviation manufacturing sector could collapse.

TD Bank Group Announces Election of Directors

Each of the following 13 nominees proposed by management was elected

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