27 articles found within the last year.
Displaying results 21 - 27
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Barclays Wealth hires managing director for Americas
Barclays Wealth, the wealth management arm of UK ... Robert Lynch starts the newly created role, reporting ... Lunch has over 30 years banking experience in ... “Credit is more important than ever to our ... “Intelligent credit solutions will be an increasingly significant...
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Family Countersues Merrill Lynch For Losses
Members of a prominent South American banking family ... In the complaint, Ezequiel Nasser, Raymond Nasser, Albert ... Those positions, held in a brokerage account, lost ... The Nassers, who announced the suit on Wednesday, ... They are also seeking $300 million in punitive...
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Cuts begin at Bank of America Merrill Lynch
Bank of America and Merrill Lynch are to ... A recruitment industry source with knowledge of the ... The cuts come as it emerged that Merrill ... A bonus pool of that size would equate ... Recruitment industry sources familiar with the Merrill Lynch ... One headhunting source said Bank of America...
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US banks' wealth divisions feel the pain
The wealth units of Citi and Bank of ... Net profit at Citi’s global wealth management unit ... Revenues fell nearly to $2.8bn, with Latin American ... This week Citi confirmed it was selling its ... Citi Private Bank will remain part of Citigroup. ... Meanwhile the wealth operations of Bank of America,...
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'Subdued' Merrill staff face up to London cuts
Staff at Merrill Lynch’s London office were “keeping ... Merrill Lynch and Bank of America will slash ... Very few staff ventured outside the main entrance ... Those that did leave the building could be ... Inside the office, visitors and staff entering from ... One member of staff on a short-term contract...
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Bob Wigley takes his bow from Merrill Lynch
Bob Wigley, Merrill Lynch’s most senior Europe-based banker ... Wigley holds several high-profile board memberships including ... He joined Merrill Lynch 12 years to help ... Two years later, having been promoted to global ... Merrill Lynch chairman and chief executive John Thain...
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Row over advisers’ bonuses erupts at Merrill Lynch
Global wealth advisers working for Merrill Lynch are ... Bank of America’s rescue of Merrill Lynch was ... Some of them have been given nothing. Average ... Bank of America appears to have taken the ... Non-US assets of $142m account for 10.7% of ... But headhunters say global advisers feel they have...
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