Managers of Wealth Americas

Nomura Completes Acquisition of Greentech Capital Advisors, Rebranded as Nomura Greentech

This transaction reinforces Nomura’s commitment toward delivering unique value to its global client base

Jefferies Group CFO Dies Due To Coronavirus Complications

For over a dozen years, Peg has been our CFO and partner, and helped us build Jefferies from less than half its current size

‘No layoffs’ — Bank of America CEO doesn’t want workers worrying about jobs during coronavirus crisis

Bank of America CEO Brian Moynihan said his bank’s 200,000-plus employees won’t have to worry about layoffs this year.

JPMorgan’s Equity Derivatives Haul Soars to $1.5 Billion

Unit’s traders keep showing up to field intense market swings

Now is the time for investment banks to reinvent themselves

Report says that the coronavirus outbreak should focus transformation of the sector

World’s five largest banks see investment banking revenue slide to $26.1bn

The banks take the role of underwriter, making sure that bonds or stocks are competitively priced and sold.

JPMorgan Plans Firm-Wide Hiring Freeze Amid Virus Uncertainty

JPMorgan, the biggest U.S. bank, also delayed bringing new recruits into the bank until April 20, but will pay new hires from their original start dates, another person said.

Bank of America allows trading from home after staff backlash

Lender forced to overturn ban and join US rivals in permitting remote execution of trades

Goldman injects $1 billion into own money-market funds after heavy withdrawals

SEC rules dictate that funds have to keep at least 30% of their portfolios in securities that can be converted to cash in five business days so they can meet investor redemptions.

Wells Fargo pays new CEO $34.3 million in 2019 compensation

Scharf was hired as Wells Fargo’s third chief executive since October 2016.

Coronavirus recession tipped to transform investing

A COVID-19 recession is likely to fundamentally shift how we live, do business and invest.

Who should be nervous about Goldman Sachs becoming more bank-like? 'Everyone'

At the investor day, management unveiled plans to roll out Marcus-branded wealth management services later in 2020 and checking accounts in 2021.

After 52 Years at Merrill, Duo Producing $7.5 Million Goes Indie with RayJay

Goetzman, whose father worked at Merrill for nearly 40 years before he retired in 2000, has been listed as a top 1,200 advisor in the nation by Barron’s magazine every year since 2010.

BEE through Sovereign Wealth Fund would be more equitable

From an outsider’s point of view the deal is very risky, given South Sudan’s history, but sources indicate that that the upside could be huge.

JPMorgan, Goldman Expand Trading Lead as Europe Retreats

Goldman’s share of the $48 billion pool of revenue generated from investors’ bets on stocks and related derivatives surged by 1.5 percentage points, the biggest gain by far in a market that shrank 10%.

Will Goldman’s New Mandate Create A Board Diversity Movement?

While board diversification for IPOs will most certainly be an expectation in the near future, leadership teams at-large should consider setting the same standard.

Morgan Stanley is buying E-Trade for $13 billion

Trading has become a commodity business because of popular trading apps like Robinhood, which recently raised money in a funding round that valued the company at $7.6 billion.

Bank of America Concerned About “Double Bubble”

The fact that Bank of America has come out and said that they are worried about a bubble being created that may burst with both stocks and bonds is pretty curious, as at first glance you wouldn’t think either is suspect, at least if you understand a

Barclays the latest bank to lower Brazil GDP forecasts

Central bank president Roberto Campos Neto said last week that economists reckon the hit to 2020 growth from the coronavirus could be up to 0.4 percentage point.

Wells Fargo among corporates selling bonds

San Francisco-based lender raises a billion Canadial dollars’ worth of seven-year bonds

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