Managers of Wealth Americas

The Top 50 Investment Banking Firm Rankings for 2020

On Tuesday, January 28, Vault.com released its annual Banking 50, a ranking of the best investment banking firms to work for in North America.

IBERIABANK Corporation Reports Fourth Quarter Results

Our employees remain fully engaged and committed to creating a top tier regional banking institution.

This year's bonus round: initial reactions

Banks never comment on actual bonuses, so bonus reports are necessarily subjective and incomplete.

Goldman Sachs opens bank branch in South Africa

It will offer fixed-income products, including foreign exchange and South African government securities, to corporate and institutional investors, and has executed its first transactions with clients.

CEO says Bank of America aims to 'double' its U.S. consumer market share: FT

With deposits growing above the industry rate, a low risk loan portfolio and a strong balance sheet with billions in excess liquidity, the pieces were in place for the bank to continue taking market share, he told the FT.

Morgan Stanley to recruit dozens for Asia wealth operations

The move is said to mainly affect the bank’s technology and operations divisions.

Fourth Quarter and Full Year 2019 Results and Key Metrics

These results include a net benefit of approximately $0.25 per share in the current quarter related to discrete tax items, recorded in Corporate / Other6.

Raymond James and Stifel in Talks with Wirehouse FAs Disgruntled with Comp Changes

In the last few weeks of 2019, Morgan Stanley, UBS and Wells Fargo announced changes to their comp structures for this year, each designed to incentivize their advisors to grow their assets. But the changes weren’t received well by many.

Wells Fargo Reports Fourth Quarter 2019 Financial Results

The Company will host a live conference call on Tuesday

Goldman Sachs is reorganizing its businesses to highlight its transformation into a digital bank

The changes, just before the bank’s fourth-quarter earnings report next week as well as its first-ever investor day later this month, should allow investors a cleaner look at how Goldman lines up with competitors.

Citi's investment arm to hire 2,500 coders

JP Morgan is on track to spend $11bn on technology this year, while Bank of America has said it spends about $10bn on tech.

Mergers & Acquisition Magazine Names Mary Josephs Named One of the Most Influential Women in Mid-Market M&A

This year the publication selected 42 women who are outstanding dealmakers inside and outside of their firms.

Goldman Sachs' investment banking hiring plan for 2020

CMG, which is run globally by David Friedland, is therefore a move by Goldman to boost revenues outside its traditional large-cap M&A franchise where it is perennially ranked number one and sees less scope for growth.

Goldman and JPMorgan tweak repo operations to limit Basel impact

Banks crucial to short-term lending market find fresh ways to trade it

Merrill Lynch’s Andy Sieg Sees Further 20% Rise in Stock Market

There’s an upside scenario that could see the market up 20% from these levels.”

Deutsche Bank-Cerberus Advisory Agreement Set to End

Cerberus has been a paid adviser and a top shareholder of the German lender

Top Investment Bank Slashes 1,500 Jobs

The decision to scale back was made when the bank saw its stock price surge 25% higher this year and reported strong earnings and corporate growth.

US investment bank Stifel announces opening of Israel office

The Israel office, Raymond said, will enable Stifel to provide improved service and execution to clients operating in Israel or active in the Israeli market.

Absa will be ‘globally scalable’ with US presence

Russon adds that Absa wants to be a “key enabler” of Africa’s success

European banks slash $280bn from main US businesses

Deutsche Bank leads trend of moving assets into lightly policed branches