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16-30 of 3617 results
Schwab's Q1 net income increases 36% to $412m
The Charles Schwab Corporation announced that its net income for the first quarter of 2016 was $412m, comparable to $416m for the fourth quarter of 2015, and up 36% from $302m for the first quarter of 2015.
Wealth & Assets Management > Asset Management > News
UK's FCA calls for improvements in investment and corporate banking
By BBR Staff Writer
The UK's Financial Conduct Authority (FCA) is calling for an end to several contractual clauses that could limit clients' choice of financial services providers in future deals.
Wealth & Assets Management > Asset Management > News
Emerald Asset Management and Lend Academy Investments announce strategic partnership
By BBR Staff Writer
Emerald Asset Management and Lend Academy Investments LLC have announced a strategic partnership to develop an investment management business to be focused on opportunities in the marketplace lending industry.
Wealth & Assets Management > Asset Management > News
Goldman Sachs agrees to pay $5bn for misleading investors on mortgage assets
By BBR Staff Writer
Goldman Sachs has agreed to pay more than $5bn related to its sale of residential mortgage backed securities in the US.
Wealth & Assets Management > Asset Management > News
Wells Fargo Bank agrees to pay $1.2bn to settle civil mortgage fraud claims in US
By BBR Staff Writer
Wells Fargo Bank has agreed to pay the US government $1.2bn for improper mortgage lending practices.
Wealth & Assets Management > Asset Management > News
Barclays to divest WIM business in Singapore and Hong Kong
By BBR Staff Writer
Barclays Bank has agreed to sell its wealth and investment management (WIM) business in Singapore and Hong Kong to Bank of Singapore.
Wealth & Assets Management > Asset Management > News
Survey says few asset managers fully capture value from data
An independent survey conducted by The Economist Intelligence Unit (EIU) and sponsored by Northern Trust revealed that a flexible data strategy governed by strong leadership facilitates business decisions and helps asset managers capture more value from their data.
Wealth & Assets Management > Asset Management > News
Ally Financial to buy digital wealth management firm TradeKing Group
By BBR Staff Writer
Ally Financial has agreed to acquire digital wealth management firm TradeKing Group for about $275m.
Wealth & Assets Management > Asset Management > News
Santander UK partners with Kabbage to offer same day funding for SMEs
By BBR Staff Writer
Santander UK has partnered with the US financial technology firm Kabbage to give small and medium sized enterprises (SMEs) access to same day funding.
Wealth & Assets Management > Asset Management > News
Carrhae Capital selects Eze Software for portfolio accounting
Carrhae Capital, a London-based long/short asset manager, has expanded its use of EzeSoft Investment Suite with portfolio accounting capabilities.
Wealth & Assets Management > Asset Management > News
State Street to buy GE Asset Management for $485m
By BBR Staff Writer
Financial services provider State Street has agreed to acquire GE Asset Management (GEAM) from GE for about $485m.
Wealth & Assets Management > Asset Management > News
Credit Suisse to cut 2,000 more jobs
By BBR Staff Writer
Swiss financial services firm Credit Suisse said it will cut 2,000 jobs this year at its global markets business as part of its plans to reduce operating costs.
Wealth & Assets Management > Asset Management > News
Federal Reserve approves Goldman Sachs' purchase of GE Capital's US online deposits
By BBR Staff Writer
Goldman Sachs Bank USA (GS Bank) has secured approval from the Federal Reserve to acquire the online deposit platform and assume the deposits of GE Capital Bank (GECB).
Wealth & Assets Management > Asset Management > News
Bank of England to work with UK's new cybersecurity organization
By BBR Staff Writer
The UK Government has said that one of the initial tasks of the new national cybersecurity centre will be to work with Bank of England to advice the financial sector for managing cybersecurity effectively.
Wealth & Assets Management > Asset Management > News
goeasy unveils point-of-sale financing venture With Sears Canada
goeasy's its subsidiary, easyfinancial Services has entered into a framework agreement with Sears Canada to provide a point-of-sale financing platform for Sears' customers who wish to purchase large ticket items.
Wealth & Assets Management > Asset Management > News
16-30 of 3617 results