Managers of Wealth Americas

Merrill and Wells Fargo Hammered in Broker Customer Satisfaction Survey

There is significant variation among the 11 firms included in the survey however.

Noyer Says BNP Paribas Didn't Break French, EU Rules -- Update

The possible large U.S. fine has alarmed French authorities but until now, officials have expressed those concerns privately.

Little Rock to bring investment banking to London

Stephens, a privately-held US financial services firm, is working to establish a London-based investment banking operation focusing on the mid-market, joining a number of companies with transatlantic expansion plans.

Goldman Sachs Notes Hedge Fund Difficulity

Many hedge funds missed the April bounce higher in stocks, suffered from poor returns dispersion

Ex-Goldman Partner’s Firm Says UBS Cuts Spoiled Partnership Plan

UBS has undertaken a “drastic downscaling and disposal of its investment banking arm

Siebert Financial Launches Investment Management Division

Siebert Financial today announced the formation of a new investment management division, Siebert Investment Advisors

American Banks Are Secretly Preparing for a Russian Takeover of Eastern Ukraine

This is why investors may find it notable that America's three biggest banks are aggressively scaling back

10 Biggest Banks’ Commodities Revenue Rises 26% Amid Pullback

Commodities revenue at the 10 largest investment banks rose to a two-year high in the first quarter even as companies from JPMorgan Chase & Co. to Barclays Plc shrank operations

RBC ranks among world’s strongest investment banks

RBC’s key credit strength is its leading market shares (20% plus)

BAML bankers weep over deferred bonuses

Citi’s is down 8%, Morgan Stanley’s is down 9% and JP Morgan’s is down 11%

Barclays Has Opened Up a Major Opportunity for JPMorgan Chase and Bank of America

This is a bold simplification of Barclays

BAML powers up in NY with hire of ex-Credit Suisse veteran

He most recently spent a year at Morgan Stanley after 15 years with Credit Suisse.

Are we killing investment banking? And if we are, should we care?

The announcement last week of a radical scaling back of Barclays’ trading and deal-making arm has stoked a debate that had been smouldering for some time

AT&T Hires Investment Bank Lazard to Advise on $50bn DirecTV deal

Reuters' sources noted that the company will also approach big banks for financing

JPMorgan Pays $2 Billion for More of Repsol’s Argentine Debt

JPMorgan Chase & Co. agreed to buy Argentine government bonds from oil producer Repsol SA for $2 billion, bringing its purchases of the Latin American country’s securities to almost $5 billion in the past week.

Northern Trust Gets Investment Management Awards

Northern Trust announced its fixed income team has been named the winner in two categories

PNC, Sumitomo Mitsui Said to Weigh Bids for BNY Mellon Trust Arm

BNY Mellon is reaching out to potential buyers and is expected to solicit initial bids soon, one of the people said, asking not to be identified discussing private information.

Natixis, Moelis Asset Management Form Investment Management JV

French bank Natixis and Moelis Asset Management Wednesday said they have formed a joint investment management venture.

Investment managers report lackluster quarter

Reduced DB plan presence, cool markets cited for slight AUM gains

Dinged-up JPMorgan CEO may seek exit: analysts

As many as 10,000 more job cuts are on the table this year on top of previously announced layoffs — the brutal result of shrinking business and regulators prowling for blood

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