Managers of Wealth Americas

Goldman Sachs is launching a bank account for ordinary people — not just the super rich

Banks' earnings are not doing well because of depressed global market activity and growth.

Morgan Stanley cools blockchain buzz

Morgan Stanley says blockchain changes financial services’ IT architecture and cuts costs, but it could also change accessible profit pools.

Nomura’s surviving bankers aren’t happy with bonus cut

In 2015, Nomura was No. 25 in Bloomberg’s M&A league tables for the 12 months ended March 31, with $82.7 billion in deals.

Better Buy: Wells Fargo & Company vs. JPMorgan Chase

Making sense of a tough investment choice between two of the best large banks in the U.S.

BofA Merrill Lynch boosts trade finance processing app

This allows clients to more easily identify and link documents that are required for auditing and transaction approval.

Barclays used blockchain tech to trade derivatives

In Barclays' trial, the bank created a smart contract, an electronic document whose fields could be pre-populated with certain values agreed by the ISDA.

Bny Mellon Opens New Pittsburgh Innovation Center

The Pittsburgh location is the company's sixth global innovation center, joining locations in Silicon Valley, Pune, Chennai, London and Jersey City

JPMorgan takes a passive stake in ETF provider

"This investment complements the growth of J.P. Morgan's own ETF line-up, with seven strategic beta ETFs launched and many more to come."

Jamie Dimon Just Keeps Making Money For JPMorgan Shareholders

JPM shares have been rallying in Wednesday’s trading on the back of first quarter earnings that, while down year-on-year, easily exceeded street consensus expectations.

Regulators Warn 5 Top Banks They Are Still Too Big to Fail

That suggests that if there were another crisis today, the government would need to prop up the largest banks if it wanted to avoid financial chaos.

Bny Mellon Statement on Resolution Plan Feedback

Bny Mellon acknowledges the regulators' feedback and is committed to addressing the issues raised within the required timeframe.

Investec Investment Banking names new hires to its closed-end funds team

He will be responsible for the production and distribution of the company's Investment Funds' news and research

Nomura to cut jobs in Americas and Europe

It is unclear how many jobs will be cut.

UPDATE 1-Brazil's Itaú eyeing Citigroup's Latin America assets

Itaú is aiming for its operations outside Brazil to account for almost 20 percent of its total revenue by the end of the decade, up from less than 15 percent now, as part of a strategy to diversify from the recession-stricken nation.

JPMorgan Chase 2015 Corporate Responsibility Report Showcases Efforts to Spur More Inclusive Economic Growth

Company’s global philanthropy investments are making tangible impact on individuals, businesses and communities around the world

CFI brings together banks and investors to direct $8 billion towards sustainable projects

The CFI was originally launched by Bank of America in 2014

Banking giants unite to catalyse $8bn sustainable investment drive

In a joint statement, the new CFI partners said the finance industry had a huge role to play to deliver on both the SDGs and the Paris Agreement.

Credit Suisse Said to Cut 9 From Brazil Fixed-Income Business

Credit Suisse, led by Chief Executive Officer Tidjane Thiam, posted its biggest quarterly loss in seven years in February and later said it’s accelerating plans to cut 4,000 jobs.

Wells Fargo to focus on eye scanning technology

The reality developed by Wells Fargo is more prosaic: a quick glance at a smartphone camera on a “selfie” setting.

Citigroup to do more lending in emerging markets

Corporate banking, which loans money to large companies and sells the wider investment bank’s products and services, has had a tough start to 2016 as client activity was stifled by bad markets, poor Chinese growth, low interest rates and low oil pri