Managers of Wealth Americas

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

Exclusive: HSBC to axe senior managers in strategy shift - sources

While it was not clear how many jobs would go, the people said the planned move would mainly hit operations in London and to a lesser extent in Asia, which contributes nearly 90% of the bank's profits.

Morgan Stanley Investment Management launches Developing Opportunity Fund

The Fund invests primarily in companies with capitalisations within the range of companies included in the MSCI Emerging Markets Net Index.

Evercore Inc.: Taking Steps To Stay On Track

These lower numbers beat estimates however, so investors were not taken by surprise by the drop.

Goldman Sachs swims against tide in South Africa

GSIB is also listed on the currency markets of the Johannesburg Stock Exchange, the South African stock exchange.

Goldman Targets 20% Growth in U.S. Advisors

The investment bank lists 13 private wealth management offices in the U.S. and one in Brazil on its wealth unit’s website.

UBS to Hire 20 Managing Directors to Boost Investment Bank

New investment bank strategy is focused on four core areas

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.