Managers of Wealth Americas

Bank of America Merrill Lynch is firing traders

The job cuts have already taken place in Asia, and are working their way across timezones to Europe and now the US, according to people familiar with the matter.

Ex-Goldman Banker to Malaysia Fund Subpoenaed in U.S. Probe

From Malaysia to Switzerland to the U.S. investigators have been trying to trace whether money might have flowed out of the fund and illegally into personal accounts.

Royal Bank of Scotland Loses Finra Arbitration Over Firing

The panel, in the decision last month, also ordered the bank to retract his termination and expunge his regulatory record of defamatory comments.

Barclays' parting shot

The London bank said yesterday that it would sell down its 62% stake in Johannesburg-based Barclays Africa over the next two to three years.

Debt backlog clogs M&A deal machine

To fund these deals banks make so-called bridge loans for a short period

Bank of America Corp: More Job Cuts to Follow

Bank of America reported record profits last year since the financial crisis in 2008.

UBS Expects 250-300BN Euro of Distressed Credit in Current Cycle

Still, European banks' exposure to distressed debt is comparative lower than those of their US counterparts.

Morgan Stanley investment management announces new leadership roles

David Heaton was named the new chief financial officer for investment management as well as head of strategy.

Recruiting Roundup: Wells Fargo Gains Two Advisors From Rivals

Northern Trust expands Houston wealth management team; Raymond James adds affiliate

UBS, others reach $103 million muni bond rigging settlements

Several banks have during that time also agreed to pay more than $740 million, led by JPMorgan's $228 million

JPMorgan’s top banker: Brexit “really bad” in short-term

It may be good or bad in the long term, but in the short term the amount of uncertainty will be really bad for everyone.

Investment bank William Blair making first move into Ohio

The move into Ohio comes after William Blair entered markets in Texas and Michigan in 2014.

Toronto-Dominion Bank CEO Bharat Masrani paid $9.38 million in first year as top executive

Masrani got $8.55 million — or $7.59 million after a pension adjustment — in the previous fiscal year, when he was chief operating officer

Credit Suisse to fast-track top junior bankers to retain talent: sources

The investment bank told analysts on Thursday that it would make changes to its promotion cycle in Europe, the Middle East and Africa

Investment banks hand out 25% pay rises to recruit more MBAs

Is all this money encouraging MBAs into investment banking?

At Goldman Sachs, Ted Cruz’s Wife Heidi Worked In ‘Wealth Management,’ Not ‘Helping Lift People Out Of Poverty’

Heidi has a real heart here in America for helping lift people out of poverty.

BNY Mellon Appointed Trustee, Registrar and Paying Agent on $47 Billion Anheuser-Busch InBev Debt

It represents the largest issuance serviced by BNY Mellon's Corporate Trust business and one of the largest ever by a global corporation.

Goldman Sachs Group Inc Committed to Capital Market Business

Goldman Sachs has significant operating leverage in a challenging revenue environment; remains committed to manage costs

Thomson Reuters ranks M&A International sixth for M&A deals

M&A International, established in 1985, offers the global resources of more than 650 professionals from boutique M&A firms situated in major financial markets around the world. Capital Alliance Corp. has been a member of MAI since 1986.

Goldman Staff Said to Depart on Guidelines Breach in Mideast M&A

Goldman Sachs set up a business-standards committee in 2010 that has emphasized the need for employees to be transparent with clients on the firm’s role and potential conflicts of interest on transactions.

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