Managers of Wealth Americas

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

Stifel completes European acquisition

The German bank also adds "significant capital raising capabilities" to Stifel’s equity issuance business.

Bank of America Merrill Lynch incorporates 40 new model portfolios

They are available across investor profiles and tax approaches.

U.S. banks' Brexit offices are ready in Paris and Frankfurt, but they're not hiring

Only JPMorgan and Citi don't seem to have shiny new premises in the French and German financial centres, although both are said to be looking for somewhere in Paris (presumably with a degree of desperation at this stage).

BNY Mellon Investment Management "Fixed income. Not fixed thinking" National Research Study Finds Majority of Americans Surveyed Do Not Understand Fixed Income

Only 8% Accurately Define Fixed Income Investments; Nearly Half Have No Fixed Income Investments

Macquarie Investment Management Completes Acquisition of Assets Related to First Investors Funds Managed by Foresters Financial

In addition to the acquisition, Macquarie Investment Management will manage a portion of Foresters’ US general account to support its life insurance business.

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