Managers of Wealth Americas

Wall Street banks are paying their CEOs like it’s 2006 again

The payouts reflect a banner year for the industry, with the nation’s top financial firms posting their biggest annual earnings since 2021

Morning Coffee: When David Solomon really likes you at Goldman Sachs. Dangerous teams in hedge funds

Anyone who works with David knows his respect for women, and his long record of creating an inclusive and supportive environment for women.

Morgan Stanley reinstates Michael Grimes as investment banking chair

He had spent more than three decades at Morgan Stanley before his government stint and was one of Wall Street’s most prominent bankers in the technology sector.

J.P. Morgan takes top spot in Crisil Coalition Greenwich Digital Transformation Benchmark

For the fifth consecutive year, Coalition Greenwich recognized J.P. Morgan Payments as No. 1 across several categories in its most recent Digital Transformation Benchmarking Study.

Boutique bank Perella Weinberg slashed average pay by $350k+

Average pay, assuming 700 employees, went from $1.1m to $765k, a decrease of some $350k - per person.

Bank of America bonuses are out. They may be moderately good

Pre-Christmas, BofA people told us they were expecting a wild 59% increase in their bonuses. This seems unlikely.

Vis Raghavan's latest ex-JPMorgan hire isn't like the others. Davos is making CEOs nervous about saying the wrong thing

Like many of Raghavan's recent hires, he's previously worked at JPMorgan; unlike many, he’s gone from banking, to industry and then back again.

Jim Cramer on Goldman and Other Major Banks: “It Takes a Lot to Get These Stocks Out of Their Tailspin”

The Goldman Sachs Group, Inc. provides financial services, including investment banking, asset and wealth management, and banking solutions.

US banks are big on Asia hiring in 2026

At Morgan Stanley, overall revenues in Asia grew by 50% over the last two years, as non-US revenues grew to 25% of the bank's total income.

Banking recruitment's same sorry story: more candidates; fewer jobs

M&A revenues soared in the fourth quarter of 2026 and are expected to keep on growing.

JPMorgan's new team has the hottest investment banking graduate jobs. Interviews at a London trading firm are all about subtext

The Wall Street Journal reported on Friday that the bank will be building out a 'Private Capital Advisory and Solutions' team, known in some banks as PCA units.

Bank of America CEO says he hired 2,000 recent Gen Z grads from 200,000 applications, and many are scared about the future

We want to drive more growth.

Citi to take US$1.1 bil loss on Russian business unit sale

Citigroup had been scaling back its business in the country even before Russian President Vladimir Putin invaded Ukraine in 2022.

JPMorgan Chase considers foray into institutional crypto trading

This makes the introduction of an institutional trading desk for crypto an expensive risk.

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