Managers of Wealth Americas

Evercore’s Core Value

Investment banking can be a volatile segment of the economy, especially when the stock market is in a state of turbulence itself.

Barclays Announces Changes to Its Benchmark Fixed Income Indices

Minimum credit rating for Barclays’ flagship WGILB and EGILB indices to be lowered to Baa3/BBB- from A3/A-

Moynihan‘s Appointment Leaves Investors Irate

Bank of America Corp’s (BAC) investors were reportedly left upset after Brian Moynihan, the company’s chief executive, was also appointed chairman.

Inside Wall Street's New Tug of War

The financial crisis did curious things to Wall Street. Firms were gone overnight, once-powerful CEOs were never heard from again, and a whole new regime of power reorganized itself from the chaos.

BNY Mellon China JV gets regulator approval for exit of U.S. partner

Joint ventures between Chinese financial services firms and foreign counterparts have run into trouble recently, with defaults mounting among local partners amid a slowing economy.

Credit Suisse Launches Entrepreneurs Circle To Support African-American Entrepreneurs

The bank has selected 12 members to start the program, which will offer access to bank loans, members of the investment bank’s staff, and an ability to share tips and tactics for growing their business ventures among the membership.

76 Million Households Affected in JPMorgan Chase Bank Breach

JPMorgan Chase has not said how many individual customers or accounts were affected, instead using the number of households, according to The Huffington Post.

Goldman curbs bankers' compensation even as revenue surges

The amount of money it has set aside for compensation is more or less unchanged, as is the average compensation per employee, at around $320,000 for the first nine months of the year.

Goldman curbs bankers' compensation even as revenue surges

Top Goldman Sachs Group Inc executives are determined to keep compensation costs under control.

JPMorgan sets aside $1bn as penalties loom

Tom Braithwaite and Camilla Hall in New York and Daniel Schäfer in London

Bankers’ bonuses unlikely to boom

Investment banking executives and recruiters say bonuses for 2014 are shaping up to be in line with or slightly better than last year, dampening expectations of a return to big paydays despite a jump in local capital markets and merger activity.

Morgan Stanley Bankers Poised for Biggest Bonus Bump

JPMorgan’s fixed-income trading revenue fell 14 percent to $10.6 billion in the first nine months of 2014, the steepest drop among the five largest Wall Street banks, according to data compiled by Bloomberg for the first half and analyst estimates f

Has Goldman Sachs run out of moves?

An analysis of its recent performance reveals that Goldman is nowhere near the champion of old.

French banks see opportunity in the US

We will continue to grow where we are already strong, such as in equity derivatives, but also re-expand our footprint not just in Europe but also the US and Asia

Mizuho Said to Selling $1 Billion in Buyout Fund Stakes

Mizuho decided to sell the stakes because of the Volcker Rule

Is JPMorgan Chase One of the Best Companies in America?

JPMorgan Chase is America's biggest bank with more than $2.5 trillion in assets on its balance sheet.

Lazard Asset Management Launches Two Open-End Mutual Funds

Lazard Asset Management LLC today announced the launch of two open-end equity funds, expanding LAM’s international and global fund offerings.

ING Name Vanishes From U.S.

ING Financial’s broker/dealer and remaining businesses all rebrand under Voya Financial

How Goldman Sachs and McKinsey keep a steady flow of Ivy League recruits

It’s easy to imagine that the well-trodden path from the Ivy League to Wall Street has always existed.

How to get paid more for managing money and still give investors what they want

The requisite tax was payable even if the manager did not even take the money out of the fund.

Investment Banking