Managers of Wealth Americas

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

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.

Investment Banking