05/15/2014
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.
05/14/2014
Northern Trust announced its fixed income team has been named the winner in two categories
05/14/2014
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.
05/14/2014
French bank Natixis and Moelis Asset Management Wednesday said they have formed a joint investment management venture.
05/12/2014
Reduced DB plan presence, cool markets cited for slight AUM gains
05/12/2014
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
05/12/2014
The industrywide review started in January and comes as J.P. Morgan tries to shore up controls in a period of heightened regulatory scrutiny and record fines.
05/12/2014
Fines from regulators continue to pile up stemming from crisis-era bad behavior
05/08/2014
These are not happy days for big Wall Street financial institutions, and the head of one of them thinks this is effectively the end of an era.
05/07/2014
The man with the purification pitch was an actor. Mass and Dase, who weren’t in on the joke, were doing their best to salvage a meeting that Goldman Sachs President Gary Cohn had asked each of them to take,
05/05/2014
For the second year in a row Glass Lewis recommended Goldman's holders vote against the investments executive-pay plan, included in the New York-based investment bank's proxy statement.
05/05/2014
Europe’s top banks are facing heightened scrutiny from shareholders
05/05/2014
His Berkshire Hathaway Inc. (A:US) made the $5 billion investment in Bank of America (BAC:US) in 2011
05/05/2014
JPMorgan Chase & Co. , the world’s biggest investment bank by revenue, dropped the most in almost a month after warning that a deepening Wall Street trading slump may last through the second quarter.
05/02/2014
The highest median bonus goes to sales directors in New York, a close second to Singapore in terms of total compensation (base salary plus bonus).
05/02/2014
Citigroup Inc. and Bank of America Corp. two of the three biggest U.S. banks, reduced Russian assets last quarter amid the crisis in Ukraine
05/01/2014
The NatureVest programme will seek to harness the growing buzz around impact investment to promote a mainstream market
05/01/2014
Net income per share, as adjusted, of $0.61 for the quarter ended March 31, 2014, compared to $0.28 for the 2013 first quarter
05/01/2014
J. P. Morgan Asset Management is announcing a major upgrade to Target Date Compass, the groundbreaking tool that advisors use to help plan sponsors make informed target date fund selections.
04/30/2014
Its focus will be on lending to existing brokerage clients – particularly mortgages and loans secured against customers’ portfolios of stocks and bonds – but the bank has also examined other products as part of its shift into banking.