Managers of Wealth Americas

Thomas Chrystie, Creator of Cash Management Account, Dies at 80

He died on Dec. 24 at a care facility in Charleston, South Carolina, after suffering many years from Alzheimer’s disease

RBC Top Dealmaker for Third Year on Retailers

Bank of America Corp. Merrill Lynch unit rose to the second spot, its highest ranking since 2004.

Goldman again tops global M&A rankings, but Bank of America makes biggest jump

Goldman Sachs Group Inc. once again topped the global mergers-and acquisitions advisory rankings for 2013 in terms of both volume and revenue, but the real winner, arguably, was Bank of America Corp.

Jamie Dimon’s harried JPMorgan Chase pushes campaign for worker training

Jamie Dimon has no problem finding skilled workers to hire.

LPL Adds Owenby Jones Wealth Management To Its Platform

Joining with LPL as an independent firm will enable us to work much more closely with our clients, and to communicate with our clients as often and as fully as necessary. We are happy to have arrived at LPL and look forward to a long and satisfying relati

JPMorgan tops in muni funds despite outflows

Its Intermediate Tax Free Bond Fund outperforms most of its rivals

Citigroup Said to Keep Bonuses Flat or Down for Bankers, Traders

Citigroup Inc.’s bonuses for investment bankers and traders probably will be little changed or drop from last year as the third-largest U.S. lender seeks to reduce costs, according to a person briefed on the policies.

Jefferies Reports Record Fiscal Fourth-Quarter 2013 Financial Results

Jefferies Group LLC today announced financial results for its fiscal fourth quarter 2013.

JPMorgan Chase & Co said to exit global investment unit- source

JPMorgan, which offers investment banking, asset management, treasury and securities services, private banking, commercial banking, card member services and home finance to institutions, business enterprises and individuals, is the biggest bank in the US.

Revere Capital Launches Merchant Banking Unit

All three have been recruited externally and bring with them experience in private equity, investment banking, commercial banking, consulting and operating experience at firms including CIT Equity Investments, Deloitte & Touche, Fortis Private Capital

UBS Investment Bank Bans Use of Multi-Bank, Social Chat Rooms

Regulators have targeted traders’ electronic messages, using them as evidence of wrongdoing in their investigations into the manipulation of benchmark interest rates and foreign- exchange markets.

Alfred Feld, Goldman Sachs’s 80-Year Employee, Dies at 98

He said his wealth-management strategy was to stick with the stocks of good companies, including Procter & Gamble Co. and Merck & Co., two longtime favorites.

Oppenheimer's Investment Banking Division Announces Creation Of The Private Shares Group

As part of the agreement, Boaz Rahav, Greencrest's founder, has joined Oppenheimer as Managing Director to establish and lead the firm's Private Shares Group.

JP Morgan, Citi Win Bigger Share of Investment Banking Revenue

U.S. investment banks JPMorgan Chase & Co and Citi saw their share of investment banking revenue increase more than any of their peers in the first nine months of the year

Goldman Sachs Announces New Managing Directors

The Goldman Sachs Group, Inc. today announced that it has selected a new class of Managing Directors as of January 1, 2014, the start of our next fiscal year.

Guggenheim Securities boosts Structured Products team

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, today announced the hiring of Cory Wishengrad as a senior managing director.

A Morgan Stanley banking salve

A lot of folks want to continue to believe that the banking system is in trouble

Morgan Stanley Establishes Institute for Sustainable Investing

Institute to Drive Capital Toward Investments Supporting Global Sustainability and Advance Innovation and Scholarship to Broaden Market-Based Approach

Lazard Profit Jumps As Asset Management Revenue Rises

Investment bank and asset manager Lazard Ltd reported better-than-expected quarterly earnings on Thursday

Jamie Dimon Steers JPMorgan Through Rough Waters

“Complicating matters for the bank, Mr. Dimon is inextricably linked to the settlement,” the paper said. "With the government, he assumed the role of chief negotiator. And at the bank … he remains its chief cheerleader.”