Posts Tagged “wall street”

William R. Salomon, 100, Who Transformed Father’s Bank, Dies

by admin on December 10, 2014

William R. Salomon, a giant of a bygone era of Wall Street, who built his father’s firm, Salomon Brothers, into a powerhouse investment bank, died on Sunday at his home in Manhattan. He was 100. The cause was cardiac arrest (…)

Read the rest of this entry »

Bank Of America CEO’s End-Of-Year Message To Staff

by Wall Street Job Report on December 9, 2014

Bank of America CEO Brian Moynihan has been doing a Vikram Pandit – sending ‘inspirational’ memos to his staff. The Wall Street Journal has the memo: ‘To Senior Leaders, This year can be summarized in a few words: In the face of (…)

Read the rest of this entry »

Europe’s banks face tough year in 2015, ratings agencies say (but they have usually been wrong)

by Wall Street Job Report on December 9, 2014

European banksface a tough year in 2015 as fresh and as-yet unfinished regulatory hurdles compound problems created by a stalling economic recovery, credit rating agencies Moody’s and Standard & Poor’s said on Monday. More than seven years after the start of (…)

Read the rest of this entry »

CLSA to Build Its Global Investment Banking Business

by Wall Street Job Report on December 9, 2014

CLSA Ltd., the brokerage owned by Citic Securities Co., plans to expand into investment bankingglobally to build on its existing research and broking business. Hong Kong-based CLSA plans to hire bankers next year to provide mergers advisory, equity capital markets services (…)

Read the rest of this entry »

RBC to Shut Caribbean Wealth-Management Business, Cut Jobs

by Wall Street Job Report on November 25, 2014

Royal Bank of Canada is exiting wealth management in the Caribbean and reviewing its Swiss operations as the lender extends a retreat in its international wealth business that began last year inLatin America. Royal Bank, Canada’s second-largest lender by assets, is also closing some (…)

Read the rest of this entry »



Web Design by Dashing Web Design