Managers of Wealth Americas

UPDATE 2-Goldman Sachs profit falls 11 pct but beats estimates

Goldman said net income fell to $1.95 billion, or $4.02 per share, in the first three months of the year from $2.19 billion, or $4.29 per share, in the same period of 2013.

PNC Earnings Rise on Lower Expenses

PNC had a successful first quarter - our fourth straight quarter with net income of $1 billion or more

Bank of America forecasts increase in Middle East M&A deals

Bank of America, the second-largest US lender by assets, expects mergers and acquisitions in the Middle East to increase as cash-rich global companies target investments in the region.

PNC Reports First Quarter Net Income Of $1.1 Billion and $1.82 Diluted EPS

"PNC had a successful first quarter - our fourth straight quarter with net income of $1 billion or more"

Bloomberg takes over UBS commodities indices

Since launching in 1998, the rebranded Bloomberg Commodity Indexes have emerged

Citigroup profit rises on smaller loss from troubled assets

Dogged by its failure to pass the Federal Reserve’s latest stress test and investigations of fraud at its Mexican unit, Citigroup reported some good news on Monday: first-quarter profit that beat analysts’ expectations.

Citigroup cuts 200 to 300 jobs: WSJ

Current CEO Mike Corbat will talk to investors

LeoGroup Announces Investment in SenaHill Partners

Our investment gives us immediate exposure

BNY Mellon shareholders vote against splitting CEO and chairman jobs

Bank of New York Mellon Corp. is facing increasing discontent from shareholders who worry about Chairman and CEO Gerald Hassell's dual executive roles and how the company has managed expenses and growth.

Stop Dumping on JPMorgan

JPMorgan's future still remains bright

Baird reports more than $1 billion in revenues

Baird’s record financial results and the milestones we surpassed in 2013

Saudi’s Prince Alwaleed meets with Goldman Sachs chairman

Prince Alwaleed invested $300m

J.P. Morgan Asset Management large-plan DC business going to Great-West

Great-West Financial will acquire the large-plan defined contribution business of J.P. Morgan Asset Management, creating the second-largest U.S. record keeper by participants and tying for second based on assets under administration.

JPMorgan Seeks to Become Among Top Three in Cash Equities

JPMorgan is betting that investments in electronic platforms and hedge-fund services will help it leap over rivals in an industry

JPMorgan top China executive close to departing

He recently told the bank he wanted to retire, the Journal cited one of the people as saying.

Investment banks should cut balance sheets by $1 trillion

Investment banks must take tough decisions to quit ailing business areas and should reduce their balance sheets by $1 trillion or almost a tenth to lift profitability

Another young banker said jumped to death

The eighth financial professional in the last few weeks.

JP Morgan to Sell Commodities Business for $3.5 Billion

JPMorgan will continue to provide services and products tied to commodities including financing, market-making and the vaulting and trading of precious metals, the bank said.

BofA said to cut trading, investment banking jobs

Bank of America is cutting jobs in its global trading and investment banking divisions

Alleged fraud at Citi's Mexico unit, underscores the growing clout of risk managers within banks

The biggest bonus at Citigroup Inc. last year didn't go to the CEO or head of investment banking, but to risk-management chief Brian Leach.

Investment Banking