26 articles found within the last year.
Displaying results 1 - 20
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BNY Mellon takes State Street's crown in Ireland
State Street has lost its long-held crown in ... BNY Mellon's custody arm sat atop the list ... This is the first time BNY Mellon has ... The IRE found State Street's assets under custody ... Lipper found overall the number of assets held ... Ireland has more than 6,000 funds based within...
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Crisis fails to dent largest banks' market shares
Massive changes in the investment banking industry over ... The findings appear in a report published this ... Bank of America Merrill Lynch, Citigroup and UBS ... Goldman Sachs’ share of the global investment banking ... JP Morgan, which has a market share of ... Credit Suisse's analysts wrote: “Across the industry, the...
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JP Morgan’s blow-out quarter leaves Winters in wonderland
JP Morgan more than doubled its net investment ... Net profits from investment banking hit $1.9bn (€1.3bn) ... The jump in profits was driven by the ... Profits for the first nine months of 2009 ... Here, Financial News provides a breakdown of the ... • Headcount and compensation ...
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Jupiter manager piles back into banks as outlook strengthens
Renowned financials investor Philip Gibbs has increased his ... Gibbs' £1.3bn (€1.4bn) financials fund at Jupiter Asset ... The latest figures published by Jupiter revealed a ... Gibbs last month predicted that bank shares would ... The news of Gibbs' dramatic turnaround on the...
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News analysis: a year of change in asset management
Twenty of the world's biggest asset managers at ... Watson Wyatt's survey, which is published in association ... Not all firms suffered to that extent. Japanese ... Overall, however, Carl Hess, global head of investment ... But the industry's fortunes have recovered slightly in...
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News analysis: How JP Morgan's two heads became one
Like Hollywood marriages, partnerships between senior bankers are ... In a world where precedents include the breakups ... From the start the co-chief executive structure proved ... Black and Winters were helped by the clear ... Their partnership was also helped by the size...
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CV: Mary Erdoes
Mary Callahan Erdoes, 42, the newly appointed head ... According to a memo seen by Financial News, ... • Erdoes attended Georgetown University, where she graduated ... • After graduating from Harvard in 1993 with ... • Erdoes then worked as a portfolio manager ... • She then joined JP Morgan in 1996...
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JP Morgan private bank CEO promoted to head asset management
Mary Erdoes, the former chief executive of JP ... Erdoes replaces Jes Staley, who becomes CEO of ... Erdoes also joins the firm's operating committee, according ... Erdoes has served at JP Morgan for 13 ... It is not yet clear who will take...
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JP Morgan hires senior private banker for France
US bank JP Morgan has hired a managing ... Emmanuel Siac will be based in Paris, ... Siac joins from BNP Paribas Wealth Management, Paris,...
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French banks 'likely winners' from regulatory clampdown
A new report has identified French banks as ... BNP Paribas and Société Générale are likely to ... The relatively low exposure of the two banks ... JP Morgan’s report comes weeks after analysts at ... The pressures on French investment banking businesses have ... However JP Morgan wrote in the research that...
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JP Morgan Private Bank appoints head of investments
JP Morgan Private Bank has appointed James Walker ... Based in Geneva, Walker will report to Phil ... and Pablo Garnica, head of the private bank ... He replaces Simon Wise, who becomes regional director...
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JP Morgan's profit soars 36%
JP Morgan Chase's second-quarter earnings rose 36% on ... Shares were recently up 1.6% at $36.83 in ... Investment banking and a boom in mortgage refinancing ... Although its mortgage and credit card businesses are ... The results come just two days after Goldman ... JP Morgan chairman and chief executive Jamie Dimon...
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Goldman buoyed by 140% fee forecast
Goldman Sachs has recorded the largest quarter-on-quarter increase ... Revenues from debt and equity underwriting, and mergers ... Equity capital market was largely responsible for the ... Goldman is due to release its second quarter ... The world’s largest fee earner remains JP Morgan,...
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Credit Suisse makes top pick among investment banks
Credit Suisse is expected to be the best ... JP Morgan's bank analysts said in a note ... However, they said it is clear that UBS’ ... JP Morgan has Credit Suisse and UBS overweight, ... The analysts added that they believe Credit Suisse ... “Although Credit Suisse is not a tier one...
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Dimon points to competition as guaranteed bonuses return
Jamie Dimon, the chairman and chief executive of ... Financial News revealed this week that banks including ... Speaking at the Sanford C Bernstein strategic discussions ... Dimon said: “We have some very smart tough ... A string of smaller boutiques including Moelis &...
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Banks use life insurance to fund bonuses
Banks are using a little-known tactic to help ... Banks took out much of this life insurance ... Bank of America has the most life insurance ... The insurance policies essentially are informal pension funds ... Though not improper, the practice is similar to ... Efforts to rein in the practice largely have...
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JP Morgan Private Bank loses top wealth manager
The head of JP Morgan Private Bank's International ... Samir Sayeed left the bank on May 8. ... The bank confirmed the departure, but wasn't able ... It is understood Sayeed has had several offers ... Last week Shawn Mofidi, the head of Citigroup’s...
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Credit market momentum sparks new 'disconnect'
The bullish market momentum in the credit markets, ... Since the start of the year, almost all ... The performance of bonds in the secondary market ... But in a report from JP Morgan, its ... It said that the performance of new bond ... JP Morgan pointed out that average spreads, as...
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Buying close to the art
It’s a great time to be buying art,” ... This declaration may seem self-serving,given the 10% commission ... “There is a lot up for sale, some ... Gershon was formerly the New York-based art curator ... Gershon has been pivotal in fostering the careers ... Among her favourite emerging artists are Dutch-based South...
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Outsmarting the recession
The asset management arm of JP Morgan, the ... The report comes at a time when wealth ... The report detailed amongst other things, cost-cutting, finding ... Brian Dennehy, chief executive of Kent-based IFA Dennehy ... Andrew Merricks, head of Skerritts Consultants, in Sussex...
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