Managers of Wealth Americas

Wells Fargo selling majority stake in real estate banking giant

Wells Fargo will retain a minority ownership interest in Eastdil.

JPMorgan and BAML raise most money for ‘contentious’ companies

First study to look at banks’ underwriting work through an ethical lens finds Wall Street banks have the least scruples

Goldman sees growth in mass-affluent advising, corporate cash deposits

The firm has said it expects about $100 million in expense savings from using a home-grown product to manage its own cash.

China International Capital Expands U.S. Investment Banking Advisory Business

Mr. Ahmed received a Bachelor of Arts in Economics from Vassar College

William Blair Launches “THINKING”

Our Take on Trends that Matter

Bank of Montreal profit up 20 per cent, despite hit from severance costs

Those earnings were weighed down by job cuts, as BMO’s quarterly results included a $120-million pre-tax severance expense for its investment-banking unit.

After the bailout: Goldman Sachs wants to be America’s mass-market bank

The company is also reaching out to the working and saving masses through direct mail, print and video ads, and even billboards, reversing a long period in which, if you had to ask where Goldman Sachs was, you didn’t belong there.

Piper Jaffray Companies Announces Sale of Advisory Research, Inc.

Piper Jaffray has also entered into a letter of intent to sell the remaining Advisory Research business to a partner group led by Matthew Swaim

5 Major Investment Banks Fixed Forex Markets in Secret Chatrooms, Threatened Members

UBS is notably included in this new lawsuit.

Why Goldman Sachs should buy Deutsche Bank

US group wants growth in transaction banking and a German deal could help achieve that

World's Largest Banks 2019: U.S. Takes Aim At Chinese Dominance

Bank of America entered the top-five on the Forbes Global 2000 list, now sitting at #5 due to its strong financials and $272 billion market capitalization now put it just behind Agricultural Bank of China, which ranks #4.

What does a Goldman-owned United Capital mean for advisers?

BNY Mellon Asset Servicing Selected as the Custodian of Microsoft's Treasury Group

The win marks the first change in custodian for Microsoft in more than a decade, and will feature a cross-business solution that will help Microsoft to better manage and automate their portfolio processes

Brazil's BTG Pactual considers spinoff of EFG stake

The Swiss private bank currently drags profitability and makes it more difficult for investors to understand BTG’s business, Dantas added.

BNY Mellon and AcadiaSoft Team Up to Solve Last Piece of Collateral Puzzle

While already utilizing AcadiaSoft for margin messaging, BNY Mellon now becomes the first collateral outsource provider to support the IM calculation and reconciliation needs of clients that fall within the scope of the non-cleared margin rules.

As Goldman Chases Smaller Clients, Some Doubts and Early Wins

‘Don’t you have more important or bigger potential clients?’

Former $6 Billion Morgan Stanley Team Goes Independent

The new firm is partnering with the Dynasty Financial Partners wealth management network.

The Bancorp, Inc. Reports First Quarter 2019 Financial Results

Impact from all these initiatives should mostly be felt in increased revenue growth as expenses remain rigorously managed and reengineering has improved productivity and reduced unit costs in many areas.”

U.S. may mull cutting debt issuance: Bank of America Merrill Lynch

The issuance reductions could be up to $4 billion for each of these maturities, they said.

BNY Mellon profit falls 20 percent on lower fee revenue

Bank of New York Mellon Corp reported a 20 percent fall in quarterly profit on Wednesday, as the world's largest custodian bank's fee revenue declined.