Managers of Wealth Americas

Goldman Sachs shares surge after fourth-quarter profit tops expectations

The bank’s shares rose 3.6 percent to $186.40 in premarket trading

J.P. Morgan misses profit expectations for the first time in 15 quarters

But plunging markets also impacted the bank's asset management division and resulted in a $150 million markdown on private equity holdings.

BNY absorbs severance costs as investment management, wealth assets drop 6%

Client redemptions largely came from index and cash strategies, which saw $11 billion and $10 billion, respectively, in net outflows in the fourth quarter.

Bank of America earnings beat estimates

In the same quarter a year ago, the bank's profit was hit by a large one-time charge related to the corporate tax overhaul passed in late 2017.

BlackRock profit results fall short of expectations, assets fall back below $6 trillion

BlackRock's adjusted reported bottom line represents a 2 percent decline from the year-earlier period, when its posted a profit of $6.19 per share.

JPMorgan Misses Q4 EPS by 23c

Dimon concluded: “In 2018 we accelerated investments in products, services and technology to help our employees, customers and communities.

Market turmoil hits Citigroup revenues

In the three months to the end of December, profit rose to $4.2bn, or $1.61 a share, from $3.7bn, or $1.28 a share, a year earlier.

The average hedge fund lost 6.7 percent in 2018

The S&P 500 for the year was down 6.2 percent in 2018.

Baupost Is Said to Post Gain as Hedge Funds See Declines

In the third quarter, Baupost’s largest U.S. stock position was Twenty-First Century Fox, according to regulatory filings.

Raymond James Financial reports November 2018 operating data

Record net loans at Raymond James Bank of $19.7 billion were up 13% over November 2017 and 1% over October 2018.

RBC earnings jump 17% beating market forecasts

Growth seen in retail banking and wealth management divisions

Canaccord Genuity Wealth Management reports increased revenue and profits in UK and Europe

Excluding significant items, second quarter earnings per common share of $0.23

Canadian pension returns post slight gain in Q3 2018

Canadian equities posted a negative Q3 2018 return of -0.3 per cent, reversing the Q2 2018 returns of 6.8 per cent.

SS&C Delivers Another Earnings Beat (and Another Huge Acquisition)

From effective expense management to its third big acquisition this year, the financial services software leader is on a roll.

BNY Mellon Reports Third Quarter 2018 Earnings of $1.08 Billion or $1.06 Per Common Share

Repurchased 12 million common shares for $602 million and paid $283 million in dividends to common shareholders.

Morgan Stanley's wealth management revenue up, adviser headcount down

Third-quarter wealth management revenue was $4.4 billion, even as adviser workforce slipped 1% from last year

Goldman Sachs beats estimates for third-quarter profit on stronger-than-expected investment banking

The bank reports $6.28 per share in earnings, exceeding the $5.38 estimate from analysts surveyed by Refinitiv.

Hope Bancorp Reports 2018 Third Quarter Financial Results

This compares with net income for the 2018 second quarter of $47.5 million, or $0.36 per diluted common share and $44.6 million, or $0.33 per diluted common share, for the 2017 third quarter.

Banks’ Revenue Growth at Risk Due to Unprecedented Competitive Pressure Resulting from Digital Disruption, Accenture Study Finds

Digital-only banks, fintechs and big tech companies are quietly gaining customers, while incumbents struggle to make strategic investments in their digital future

Bank of America Rises, Sears Slumps as Dow Slips

President Donald Trump talked about a range of topics during his 60 Minutes interview with Leslie Stahl.

Company Results