Managers of Wealth Americas

UBS poaches Bank of Montreal oil banking team

The moves come amid plummeting oil prices that have prompted banks to try to lure talented energy bankers with deep technical expertise.

BNY Mellon Wins EMEA Finance 2014 Achievement Award for 'Best Depositary Receipt Bank'

Depositary receipts market leader has won the award seven of the last eight years

Claes Dahlbäck Will Not Stand for Re-Election to the Board of Directors of Goldman Sachs

The Board of Directors of The Goldman Sachs Group, Inc. GS, -1.42% today announced that Claes Dahlbäck will not stand for re-election at the Company’s 2015 Annual Meeting of Shareholders

Hedge fund calls for Webster Bank spinoff

A hedge fund with a significant stake in Webster Bank has sent a letter to the bank’s parent company suggesting it spin off its health care savings account business to boost the company’s share price

Bank of America Merrill Lynch are Hiring for Tech Roles

The company are particularly interested in those who have career development in mind

Barclays’ investment bank is far bigger in New York than London.

Yesterday’s 2014 Barclays remuneration report revealed that 54% of Barclays’ millionaires are situated in the US

Citi to Sell OneMain Financial

Citigroup today announced that it has reached a definitive agreement to sell OneMain Financial Holdings, Inc. to Springleaf Holdings (NYSE: LEAF) for a purchase price of $4.25 billion

Citi to sell OneMain to Springleaf for $4.25 billion

The sale of OneMain, which Citigroup has been seeking to hive off since 2011, is a major step in the No. 3 U.S. bank's plan to sell unwanted assets and focus on wealthier clients.

Iberiabank Completes Acquisition of Florida Bank Group

The Tampa Bay market offers tremendous opportunities to expand our high-quality client base and branch footprint.

Deutsche Bank bets big on U.S. for investment bank growth

Its target is to gain a presence in investment banking which is nearly as dominant.

JPMorgan to streamline branch network, large deposits and technology and operations

The branch closures would also reduce the number of tellers as more consumers are doing banking through ATMs or through digital channels like online banking.

Too Big to Pay Its Fair Share of Taxes?

Goldman Sachs’s latest financial report shows that the company avoided paying federal income taxes on almost half its United States profits in 2014

JP Morgan acknowledged that it can't afford to screw up anymore

JPMorgan has acknowledged that it simply can't afford to screw up anymore.

U.S. Money Managers Are Sending Cash Overseas

U.S. money managers are feeling the pull of foreign places.

RBS could write down value of US bank Citizens by some £4bn

RBS also plans to lower its stake in Citizens to about a third this year, which will mean Citizens being deconsolidated from the RBS Group.

Citi Announces $100 Billion, 10-Year Commitment to Finance Sustainable Growth

Citi has established new environmental footprint goals for 2020

BofA Board Cuts CEO Moynihan’s Pay 7.1% to $13 Million

Bank of America Corp. cut Chief Executive Officer Brian T. Moynihan’s pay 7.1 percent for last year to $13 million after profit dropped by more than half

JPMorgan Weighs Leaner Trading Units as Rules Hit Profitability

Global investment banks such as Credit Suisse Group AG and Morgan Stanley have scaled back fixed-income trading

Bank of America financed controversial trades using US banking unit

In 2014, Bank of America quietly began putting an end to the controversial practice of using funds from its government-backed unit to finance transactions

Greenhill Expands Capital Advisory Capabilities through Acquisition

Greenhill and Cogent are highly complementary businesses and were founded on similar business models.

Investment Banking