NEW YORK, March 7 (Reuters) - Goldman Sachs Group Inc said on Thursday that Deborah Leone, the chief operating officer of its investment management division, will retire at the end of March after nearly 30 years at the U.S. bank. Leone, who took the role in mid-2017, was a key leader in the group after it was split off from the trading business and merged with Marcus, Goldman’s digital bank, to create the consumer and investment management business in late 2018. The investment management...

NEW YORK (Reuters) - Bank of America’s (BAC.N) wealth business reported revenue climbed 3 percent to $4.6 billion in the first quarter this year from last year on higher client assets under management and fees, Bank of America Chief Financial Officer Paul Donofrio said Tuesday. The results come amid the backdrop of the bank’s decision to break from its wealth management peers and wind down its commissions-based retirement business and the departure of 145 financial advisers from Merrill...