08/26/2014
A defining quality of Harold F. Tiernan, a retired banking executive, was his perseverance in the face of adversity, his sister recalled Monday, including the devastating quickness of the illness that took his life on Sunday.
08/21/2014
Montag, a former Goldman Sachs Group Inc. GS executive, joined Bank of America when it bought Merrill Lynch in 2009
08/21/2014
The company will select up to 20 start-ups that develop products for payments, fraud and operations.
08/20/2014
Scandals and instances of fund mismanagement call for an overhaul in client ties
08/19/2014
Eyeing better times ahead, New York's finance industry gets set to roll the dice.
08/13/2014
Almost 100,000 brokers – or about one-third of the industry – are expected to reach retirement age over the next ten years
08/12/2014
The advisory firm will manage the portfolio being sold as well as the investments being retained by JPMorgan Chase.
08/11/2014
It is understood that the units have been priced at $1.25 each.
08/11/2014
With 23 acquisitions over the previous 10 years, UMBF also boasts an expanding physical footprint for its banking division
08/06/2014
The three-day summit, which has drawn heads of state and ministers from across the African continent, is designed to advance shared priorities
08/06/2014
For the three months ended June 30, 2014, the Company reported non-GAAP net income from continuing operations of $51.3 million, or $0.68 per diluted common share. These non-GAAP results exclude merger-related expenses associated with the Company's re
08/05/2014
UBS will be the managing member and it will utilize the services of Infrastructure Asset Management
08/05/2014
Competition among leading banks calls for open thinking.
08/05/2014
As a result of the transaction close, Matthew Stadtmauer, formerly President of Pine Grove has become President of FRM.
08/05/2014
Goldman also is pulling the firm's own cash out of its largest internal hedge fund
08/03/2014
Many renowned bankers and traders have chosen the same path in recent months, leaving Wall Street for hedge funds or to build ventures of their own.
07/31/2014
The Survey identifies excellence as perceived by prime broker clients, primarily hedge funds, banks and asset managers, in twelve core service categories. In each case two providers were identified for inclusion in the Roll of Honor.
07/31/2014
The largest global investment banks face further cost reductions, like the job cuts JPMorgan Chase & Co. began this month, after a drop in first-half expenses failed to match a decline in revenue.
07/30/2014
Investment banking firm Cantor Fitzgerald’s wealth advisory affiliate has agreed to buy Yardley-based investment advisor Capital Planning Advisory Group.
07/29/2014
Morgan Stanley’s move is intended to aid younger employees with their cash flow amid higher bonus deferrals since the financial crisis