Managers of Wealth Americas

BofA promotes more teamwork between advisers, bankers

That opportunity is really one of the profound opportunities we have as an organization

What’s the going rate for interns on Wall Street and in the City of London this year?

The bad news is that intern compensation has remained static for several years

Morgan Stanley emails exposed in bid battle

Publication of the emails is embarrassing for the bank

How the world of Goldman Sachs, Morgan Stanley & other big investment banks is changing

The world of Goldman Sachs, Morgan Stanley and the rest of the investment banks is being remade, squeezed by new regulations and record low volatility in the markets.

JPMorgan CFO Says Investment Bank May Need Job Cuts

JPMorgan warned investors last month that second-quarter fixed-income and equities trading would probably drop about 20 percent from a year earlier amid low volatility across asset classes.

Morgan Stanley Sees Itself as Two Firms in One

The more risk-averse Morgan Stanley that has emerged since the financial crisis may tell a tale of two Wall Streets.

Wells Fargo set to launch self-cleared prime brokerage

As established prime brokers struggle with new capital and liquidity pressures, Wells Fargo says it has a chance to grow

IPO Preview: Eight Offerings on Tap for Week of June 9

The company plans to sell 11.1 million shares in a price range of $8 to $10

Sumitomo Mitsui Would Consider BNP Paribas’s U.S. Unit

Sumitomo Mitsui and larger rival Mitsubishi UFJ Financial Group Inc. are watching to see if BNP Paribas will sell the BancWest Corp. unit, the Sunday Times reported June 1 without saying how it obtained the information.

McNeal, JPMorgan Banker Who Joined Black Wave, Dies at 60

McNeal began his working life as a project engineer

Stifel Announces Agreement to Acquire Legg Mason Investment Counsel

Stifel Financial Corp. today announced a definitive agreement to acquire Legg Mason Investment Counsel & Trust Co., N.A.from Legg Mason, Inc.

Cowen Group announces formation of real estate investment banking group

Cowen Group have announced the formation of a real estate investment banking group and the appointment of Conrad Vlak as Managing Director.

Financial services companies renew focus on talent management

The company is in the process of implementing a year-long rotational development program

Revealed: Brian Moynihan's Grand Plan For Bank Of America

Bank of America CEO, Brian Moynihan: "This is not about me"

Goldman has cut 10% of traders in its key trading business since 2010

Driving weak revenues in trading is paltry activity

BofA's investment bank aims to be more diversified, global

Focusing more on advising clients on mergers is already starting to pay off.

Citi warns trading revenue may fall 25%

Trading revenue could decline by about 20 per cent this quarter from a year earlier

Bank of New York Mellon to Log $100 Million After-Tax Charge in the Current Quarter

Charge Due to Administrative Errors Regarding Certain Funds the Bank Manages

Bank of America's slashes list of corporate, investment banking clients

Bank of America was tops in investment banking fees in 2013, at $6.4 billion, edging out JPMorgan Chase.

BNY Mellon's Innovation and Client Service Major Themes of Custody Risk Americas Awards

Company scores top honors for 2014's Most Innovative Project

Investment Banking