#wall-street

[ follow ]
#mergers-and-acquisitions

Morgan Stanley promotes 173 employees to managing director, up 12% as dealmaking rebounds

Morgan Stanley promoted 173 employees to managing director, a 12% increase compared to last year, reflecting a rebound in the merger and capital raising market.

Wall Street cheers as billion-dollar deals make a comeback

The resurgence of billion-dollar mergers indicates a growing confidence among Wall Street executives despite economic uncertainties and geopolitical risks.

Morgan Stanley promotes 173 employees to managing director, up 12% as dealmaking rebounds

Morgan Stanley promoted 173 employees to managing director, a 12% increase compared to last year, reflecting a rebound in the merger and capital raising market.

Wall Street cheers as billion-dollar deals make a comeback

The resurgence of billion-dollar mergers indicates a growing confidence among Wall Street executives despite economic uncertainties and geopolitical risks.
moremergers-and-acquisitions
#investment-banking

Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks

Goldman Sachs and Morgan Stanley are evaluating OpenAI's valuation as it considers transitioning to a for-profit model.

It's Wall Street bonus season: Here's when the biggest banks are expected to tell employees how much they made

2024 bonuses for Wall Street employees are expected to rise significantly due to increased demand for corporate dealmaking.

A Goldman Sachs job is a 'golden ticket'-and each year over 300,000 young bankers try get one

Goldman Sachs offers one of the most sought-after analyst positions on Wall Street, promising significant career opportunities and experience.

What screams 'status' on Wall Street? Here's how the movers and shakers of finance are spending their money.

Wall Street is shifting from ostentatious displays of wealth to prioritizing experiences and personalization as status symbols.

Wall Street bonuses will likely be heftier this year. Here's why

Wall Street firms are set to increase bonuses after a period of recovery, though they remain below 2021's record levels.

Our roster of Wall Street rising stars, from 2017 to 2024

Business Insider spotlights Wall Street's rising stars under 35, showcasing their impact on finance and innovation.

Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks

Goldman Sachs and Morgan Stanley are evaluating OpenAI's valuation as it considers transitioning to a for-profit model.

It's Wall Street bonus season: Here's when the biggest banks are expected to tell employees how much they made

2024 bonuses for Wall Street employees are expected to rise significantly due to increased demand for corporate dealmaking.

A Goldman Sachs job is a 'golden ticket'-and each year over 300,000 young bankers try get one

Goldman Sachs offers one of the most sought-after analyst positions on Wall Street, promising significant career opportunities and experience.

What screams 'status' on Wall Street? Here's how the movers and shakers of finance are spending their money.

Wall Street is shifting from ostentatious displays of wealth to prioritizing experiences and personalization as status symbols.

Wall Street bonuses will likely be heftier this year. Here's why

Wall Street firms are set to increase bonuses after a period of recovery, though they remain below 2021's record levels.

Our roster of Wall Street rising stars, from 2017 to 2024

Business Insider spotlights Wall Street's rising stars under 35, showcasing their impact on finance and innovation.
moreinvestment-banking
#stock-market

The Dow Jones jumps over 1,300 points after Trump wins the election

Wall Street investors are optimistic about Trump's return, driving significant market gains, particularly in stocks and cryptocurrencies, reflecting a favorable business climate.

The stock market rally ahead of Fed rate cuts is a once-in-a-lifetime event

Wall Street shows renewed confidence with assets rising in unison despite economic uncertainties, betting on a potential favorable Fed response.

Wall Street scores fresh records as stocks continue their red-hot rally

U.S. stock markets hit new record highs, contrasting sharply with the decline in Chinese stocks due to uncertainty surrounding stimulus measures.

Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren't building data centers fast enough

Wall Street declines as Microsoft and Meta's strong earnings lead to stock price drops due to high investor expectations.

Wall Street makes wagers on the likely winners and losers in a second Trump term

Wall Street is optimistic about a second Trump term, especially for banks and fossil-fuel stocks, despite uncertainties for retailers.

Trump win sparks big rally in stocks

Trump's return boosts Wall Street indexes with expectations of lower taxes and deregulation.

The Dow Jones jumps over 1,300 points after Trump wins the election

Wall Street investors are optimistic about Trump's return, driving significant market gains, particularly in stocks and cryptocurrencies, reflecting a favorable business climate.

The stock market rally ahead of Fed rate cuts is a once-in-a-lifetime event

Wall Street shows renewed confidence with assets rising in unison despite economic uncertainties, betting on a potential favorable Fed response.

Wall Street scores fresh records as stocks continue their red-hot rally

U.S. stock markets hit new record highs, contrasting sharply with the decline in Chinese stocks due to uncertainty surrounding stimulus measures.

Microsoft and Meta profits are soaring but their stocks are sagging because both companies aren't building data centers fast enough

Wall Street declines as Microsoft and Meta's strong earnings lead to stock price drops due to high investor expectations.

Wall Street makes wagers on the likely winners and losers in a second Trump term

Wall Street is optimistic about a second Trump term, especially for banks and fossil-fuel stocks, despite uncertainties for retailers.

Trump win sparks big rally in stocks

Trump's return boosts Wall Street indexes with expectations of lower taxes and deregulation.
morestock-market
#stock-picks

Goldman Sachs Loves These 5 Large-Cap Technology Giants for 2025

Goldman Sachs remains highly optimistic about large-cap technology stocks for 2025, with a focus on digital advertising and cloud computing.

Jefferies Adds 3 Growth and Dividend Superstars to Top Picks List for 2025

Leading Wall Street firms are optimistic about stock picks for 2025, focusing on companies with strong dividend yields and growth potential.

Goldman Sachs Loves These 5 Large-Cap Technology Giants for 2025

Goldman Sachs remains highly optimistic about large-cap technology stocks for 2025, with a focus on digital advertising and cloud computing.

Jefferies Adds 3 Growth and Dividend Superstars to Top Picks List for 2025

Leading Wall Street firms are optimistic about stock picks for 2025, focusing on companies with strong dividend yields and growth potential.
morestock-picks

Wall Street titans like David Kostin, Rick Rieder, Mike Wilson, and Rob Arnott tell BI their best career advice

Top Wall Street leaders emphasize adaptability and networking as crucial elements for career progression.

Drug testing at big banks, from Bank of America to JPMorgan

Wall Street banks have relaxed drug testing for applicants but still impose restrictions based on impairment and legal requirements.
#finance

Slash and burn: is private equity out of control?

Private equity firms control $13 trillion and significantly influence various sectors of the economy.

AI is expected to fuel Wall Street's tech hiring in 2025. Headhunters break down what you need to know to get a leg up.

Wall Street firms are optimistic about hiring more tech talent next year, especially in AI, signaling a rebound for software engineers.

The movies, shows, and books that give the best window into working on Wall Street

Life on Wall Street is often more mundane than portrayed in movies and shows, according to young financial professionals.

Wall Street rising stars: 25 top young investors, traders, and dealmakers at firms like Goldman Sachs, Blackstone, and JPMorgan

Intensely hardworking, intellectually curious, and team-oriented individuals shape the future of finance on Wall Street.

Slash and burn: is private equity out of control?

Private equity firms control $13 trillion and significantly influence various sectors of the economy.

AI is expected to fuel Wall Street's tech hiring in 2025. Headhunters break down what you need to know to get a leg up.

Wall Street firms are optimistic about hiring more tech talent next year, especially in AI, signaling a rebound for software engineers.

The movies, shows, and books that give the best window into working on Wall Street

Life on Wall Street is often more mundane than portrayed in movies and shows, according to young financial professionals.

Wall Street rising stars: 25 top young investors, traders, and dealmakers at firms like Goldman Sachs, Blackstone, and JPMorgan

Intensely hardworking, intellectually curious, and team-oriented individuals shape the future of finance on Wall Street.
morefinance
#blackstone

Behind the scenes of Blackstone's trailblazing video operation

Blackstone's holiday videos, blending humor with financial themes, have turned into essential viewing for Wall Street, showcasing innovative marketing strategies.

Blackstone embraces country music and reality TV in its most ambitious holiday video yet. Watch it here.

Blackstone's holiday video combines humor and creativity to showcase the firm's culture and investment prowess, engaging both employees and the public.

Behind the scenes of Blackstone's trailblazing video operation

Blackstone's holiday videos, blending humor with financial themes, have turned into essential viewing for Wall Street, showcasing innovative marketing strategies.

Blackstone embraces country music and reality TV in its most ambitious holiday video yet. Watch it here.

Blackstone's holiday video combines humor and creativity to showcase the firm's culture and investment prowess, engaging both employees and the public.
moreblackstone
#federal-reserve

S&P 500 faces worst week since March 2023

Tech stocks are significantly impacted by a mixed jobs report, leading to declines in major indices.
Federal Reserve's rate cut potential remains uncertain amidst weaker job market signals.

Consumers to benefit from Fed rate cut, but how much and when? - Harvard Gazette

The Fed's interest rate cut enhances borrowing conditions, supporting both consumers and investors in a robust economy.

What to Watch as the Fed Makes Its Final 2024 Rate Decision

The Federal Reserve's focus on 2025 policy direction is crucial as they announce their final rate cut of 2024.

S&P 500 hits historic highs - London Business News | Londonlovesbusiness.com

Wall Street surged with S&P 500 hitting a record high, driven by Fed's potential rate cuts, despite investor caution over economic uncertainties.

4 Stocks Ready to Soar If Rates Are Cut This September

Wall Street is anticipating the Federal Reserve to cut interest rates soon, indicating a shift in monetary policy to support economic growth.

S&P 500 faces worst week since March 2023

Tech stocks are significantly impacted by a mixed jobs report, leading to declines in major indices.
Federal Reserve's rate cut potential remains uncertain amidst weaker job market signals.

Consumers to benefit from Fed rate cut, but how much and when? - Harvard Gazette

The Fed's interest rate cut enhances borrowing conditions, supporting both consumers and investors in a robust economy.

What to Watch as the Fed Makes Its Final 2024 Rate Decision

The Federal Reserve's focus on 2025 policy direction is crucial as they announce their final rate cut of 2024.

S&P 500 hits historic highs - London Business News | Londonlovesbusiness.com

Wall Street surged with S&P 500 hitting a record high, driven by Fed's potential rate cuts, despite investor caution over economic uncertainties.

4 Stocks Ready to Soar If Rates Are Cut This September

Wall Street is anticipating the Federal Reserve to cut interest rates soon, indicating a shift in monetary policy to support economic growth.
morefederal-reserve
#investing

Billionaire Leon Cooperman Has 25% of His $2.4 Billion Portfolio in Just 3 Stocks

Leon Cooperman, a seasoned Wall Street investor, generated consistent market-beating returns over nearly three decades before transitioning to a family office.

How Wall Street is betting on Trump's second term across 8 industries

Wall Street anticipates economic shifts under a Trump-led White House, with mixed prospects across sectors like technology and retail.

Trump's Victory Could Explode High-Yield Dividend Telecom Stocks Higher

Anticipation of reduced regulations under Trump's second term may boost dividend stock attractiveness, particularly in the telecom sector.

Should You Buy the 3 Highest Yielding Dividend Stocks in the Dow Jones?

High-yield dividend stocks are ideal long-term investments, especially given their current discount and future rate cuts.

Destiny100 vs. ARKK: Which High-Tech ETF Has What it Takes to Surge Higher in 2025?

Trump's presidency boosts investor confidence on Wall Street, fueling optimism for the tech sector and potential market growth in 2025.

Billionaire Leon Cooperman Has 25% of His $2.4 Billion Portfolio in Just 3 Stocks

Leon Cooperman, a seasoned Wall Street investor, generated consistent market-beating returns over nearly three decades before transitioning to a family office.

How Wall Street is betting on Trump's second term across 8 industries

Wall Street anticipates economic shifts under a Trump-led White House, with mixed prospects across sectors like technology and retail.

Trump's Victory Could Explode High-Yield Dividend Telecom Stocks Higher

Anticipation of reduced regulations under Trump's second term may boost dividend stock attractiveness, particularly in the telecom sector.

Should You Buy the 3 Highest Yielding Dividend Stocks in the Dow Jones?

High-yield dividend stocks are ideal long-term investments, especially given their current discount and future rate cuts.

Destiny100 vs. ARKK: Which High-Tech ETF Has What it Takes to Surge Higher in 2025?

Trump's presidency boosts investor confidence on Wall Street, fueling optimism for the tech sector and potential market growth in 2025.
moreinvesting
#donald-trump

Trump to tap investor and hedge fund manager Scott Bessent to lead Treasury department, say sources

Scott Bessent is expected to be appointed as U.S. Treasury Secretary with a focus on economic reform and deregulation.

Can Wall Street Billionaires Deliver on Trump's Blue-Collar Promise?

Trump's Wall Street appointments for economic posts contradict his populist campaign message, raising concerns about wealth inequality.

Wall Street Agrees Crypto Is 'Clearly' A Huge Election Issue, But Still Divided on Who Is Best for Industry

Crypto has become a pivotal political issue, with potential regulatory changes expected regardless of whether Trump or Harris wins the election.

Trump's Treasury Secretary: The best commentary about who the president-elect should nominate

Trump is conducting auditions for Treasury Secretary with several potential candidates, highlighting their backgrounds and implications for his administration.

The Media Is Tamed Down': Trump Takes Victory Lap Before Boasting He'll Take Them on Again' If They Turn on Him

Trump claims positive media coverage is a result of his influence while maintaining a threatening undertone towards the press.
His recognition as Time Magazine's Person of the Year showcases his continual need for media validation.

How will Trump's return to the White House impact Wall Street?

Wall Street executives anticipate business-friendly regulations and a boost in corporate profits under a potential second Trump presidency.

Trump to tap investor and hedge fund manager Scott Bessent to lead Treasury department, say sources

Scott Bessent is expected to be appointed as U.S. Treasury Secretary with a focus on economic reform and deregulation.

Can Wall Street Billionaires Deliver on Trump's Blue-Collar Promise?

Trump's Wall Street appointments for economic posts contradict his populist campaign message, raising concerns about wealth inequality.

Wall Street Agrees Crypto Is 'Clearly' A Huge Election Issue, But Still Divided on Who Is Best for Industry

Crypto has become a pivotal political issue, with potential regulatory changes expected regardless of whether Trump or Harris wins the election.

Trump's Treasury Secretary: The best commentary about who the president-elect should nominate

Trump is conducting auditions for Treasury Secretary with several potential candidates, highlighting their backgrounds and implications for his administration.

The Media Is Tamed Down': Trump Takes Victory Lap Before Boasting He'll Take Them on Again' If They Turn on Him

Trump claims positive media coverage is a result of his influence while maintaining a threatening undertone towards the press.
His recognition as Time Magazine's Person of the Year showcases his continual need for media validation.

How will Trump's return to the White House impact Wall Street?

Wall Street executives anticipate business-friendly regulations and a boost in corporate profits under a potential second Trump presidency.
moredonald-trump

This Decades-Old Legal Loophole Allows Billionaires to Avoid Medicare Taxes

Billionaires on Wall Street often avoid Medicare tax obligations through complex strategies and tax loopholes, unlike most working Americans.

Trump Picks Banking Executive to Lead Social Security Administration

Trump appointed Frank Bisignano as commissioner of the Social Security Administration, emphasizing his strong business leadership background.
#trump-administration

Stock for Sale by Cabinet Members

Trump is appointing Wall Street executives to key cabinet positions, reflecting a focus on financial expertise.

'A safe pair of hands': Why markets are loving Trump treasury secretary pick Scott Bessent

Scott Bessent's expected Treasury appointment is welcomed by Wall Street, indicating hopes for a balanced economic approach amidst Trump's controversial policies.

Why CEOs Are Cheering Donald Trump's Pick for Treasury Secretary

Scott Bessent's selection as Treasury Secretary reassures business leaders and markets due to his qualifications and perceived ability to collaborate effectively with Trump.

Trump's ultra-wealthy picks face a huge tax hit to join his Cabinet-but can avoid it thanks to this little known provision

Wealthy executives joining the Trump administration face compensation cuts but can utilize tax provisions like certificates of divestiture to ease asset sale burdens.

Melania Trump taps Goldman Sachs exec for help staffing her team

Melania Trump seeks John Rogers' expertise for staffing advice during White House transition, highlighting Wall Street's influence in the upcoming administration.

Stock for Sale by Cabinet Members

Trump is appointing Wall Street executives to key cabinet positions, reflecting a focus on financial expertise.

'A safe pair of hands': Why markets are loving Trump treasury secretary pick Scott Bessent

Scott Bessent's expected Treasury appointment is welcomed by Wall Street, indicating hopes for a balanced economic approach amidst Trump's controversial policies.

Why CEOs Are Cheering Donald Trump's Pick for Treasury Secretary

Scott Bessent's selection as Treasury Secretary reassures business leaders and markets due to his qualifications and perceived ability to collaborate effectively with Trump.

Trump's ultra-wealthy picks face a huge tax hit to join his Cabinet-but can avoid it thanks to this little known provision

Wealthy executives joining the Trump administration face compensation cuts but can utilize tax provisions like certificates of divestiture to ease asset sale burdens.

Melania Trump taps Goldman Sachs exec for help staffing her team

Melania Trump seeks John Rogers' expertise for staffing advice during White House transition, highlighting Wall Street's influence in the upcoming administration.
moretrump-administration

Citadel defies commodities slump to rack up $4 billion in gains

Citadel's commodities trading is thriving, generating $4 billion in profit, particularly from natural gas trading, despite broader market challenges.

Inside Manhattan's most exclusive street art gallery

The Big Art Hall gallery in NYC's Stock Exchange showcases modern art, accessible only to registered securities traders, challenging the exclusivity of financial institutions.
#nvidia

Nvidia Overtakes Apple as the Biggest Company In the World | Entrepreneur

Nvidia's market cap surge reflects the AI boom and investor confidence.
This marks Nvidia's second ascent to the title of world's most valuable company this year.

Nvidia analyst predicts 'jaw dropper' Q3 earnings-others on Wall Street are not so sure

Nvidia is anticipated to report strong quarterly earnings amidst mixed sentiments among analysts, highlighting ongoing investor volatility.

Nvidia Disappoints | HackerNoon

Nvidia's earnings beat estimates, but troubling forecasts led to a decline in share value, highlighting Wall Street's focus on growth over profitability.

Here's the Number NVIDIA Needs to Blowout Earnings on August 28

NVIDIA's upcoming earnings report on August 28th is critical for AI stocks and requires substantial revenue growth to impress investors.

Nvidia Overtakes Apple as the Biggest Company In the World | Entrepreneur

Nvidia's market cap surge reflects the AI boom and investor confidence.
This marks Nvidia's second ascent to the title of world's most valuable company this year.

Nvidia analyst predicts 'jaw dropper' Q3 earnings-others on Wall Street are not so sure

Nvidia is anticipated to report strong quarterly earnings amidst mixed sentiments among analysts, highlighting ongoing investor volatility.

Nvidia Disappoints | HackerNoon

Nvidia's earnings beat estimates, but troubling forecasts led to a decline in share value, highlighting Wall Street's focus on growth over profitability.

Here's the Number NVIDIA Needs to Blowout Earnings on August 28

NVIDIA's upcoming earnings report on August 28th is critical for AI stocks and requires substantial revenue growth to impress investors.
morenvidia
#economic-policy

How Wall St. Is Subtly Shaping the Harris Economic Agenda

Kamala Harris is adapting her economic policies based on feedback from Wall Street executives, emphasizing tax breaks for employee ownership.

The Markets Cheer Trump's Treasury Pick, Scott Bessent

Scott Bessent's appointment as Treasury Secretary has positively influenced stocks and bonds, reflecting investor approval of his economic expertise.

How Wall St. Is Subtly Shaping the Harris Economic Agenda

Kamala Harris is adapting her economic policies based on feedback from Wall Street executives, emphasizing tax breaks for employee ownership.

The Markets Cheer Trump's Treasury Pick, Scott Bessent

Scott Bessent's appointment as Treasury Secretary has positively influenced stocks and bonds, reflecting investor approval of his economic expertise.
moreeconomic-policy
#sec

SEC chair Gary Gensler resigns, leaves legacy of division and crypto feuds

Gary Gensler will step down as SEC chair on January 20, concluding a controversial tenure marked by significant industry confrontations and regulatory reforms.

US SEC chair Gensler to step down upon Trump takeover

Gary Gensler's tenure at the SEC focused on increasing transparency and enforcing regulations in the financial sector.

SEC chair Gary Gensler resigns, leaves legacy of division and crypto feuds

Gary Gensler will step down as SEC chair on January 20, concluding a controversial tenure marked by significant industry confrontations and regulatory reforms.

US SEC chair Gensler to step down upon Trump takeover

Gary Gensler's tenure at the SEC focused on increasing transparency and enforcing regulations in the financial sector.
moresec
#bill-hwang

Former billionaire investor Sung Kook Bill' Hwang sentenced to 18 years

Hwang sentenced to 18 years prison for Collapse of Archegos Capital, causing $10bn losses to Wall Street banks.

Archegos founder Bill Hwang tells court he can't pay $10 billion compensation to victims because he's only a millionaire

Bill Hwang is facing nearly $10 billion in restitution but claims he cannot pay, highlighting his dramatic financial collapse.

Archegos's Bill Hwang sentenced to 18 years in prison for massive US fraud

Bill Hwang was sentenced to 18 years for causing $10bn losses through fraud and market manipulation at Archegos Capital.

Former billionaire investor Sung Kook Bill' Hwang sentenced to 18 years

Hwang sentenced to 18 years prison for Collapse of Archegos Capital, causing $10bn losses to Wall Street banks.

Archegos founder Bill Hwang tells court he can't pay $10 billion compensation to victims because he's only a millionaire

Bill Hwang is facing nearly $10 billion in restitution but claims he cannot pay, highlighting his dramatic financial collapse.

Archegos's Bill Hwang sentenced to 18 years in prison for massive US fraud

Bill Hwang was sentenced to 18 years for causing $10bn losses through fraud and market manipulation at Archegos Capital.
morebill-hwang

A mystery buyer is secretly snapping up condos in a 22-story tower flanked by billionaire Ken Griffin's empire

Ken Griffin is actively developing a significant financial hub in Miami while engaging in secretive real estate transactions that may impact his plans.

6 of Wall Street's Most Beloved High-Yield Stocks Are On Sale

Dividend stocks are crucial for investors seeking steady passive income and total return.
#market-trends

Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike

Wall Street banks are cautiously accumulating bitcoin ETF shares, expecting increased client interest due to a potential bullish market in Q4.

Wall Street Isn't Bitcoin Only - More Crypto ETFs Are Coming

Wall Street's ETF announcements indicate a strong belief in the profitability and growth potential of the cryptocurrency market.

The owner of Versace and Jimmy Choo just lost half its value in 24 hours

Wall Street's market gains halted as Treasury yields increased, leading to declines in major indices despite some tech stocks performing well.

Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike

Wall Street banks are cautiously accumulating bitcoin ETF shares, expecting increased client interest due to a potential bullish market in Q4.

Wall Street Isn't Bitcoin Only - More Crypto ETFs Are Coming

Wall Street's ETF announcements indicate a strong belief in the profitability and growth potential of the cryptocurrency market.

The owner of Versace and Jimmy Choo just lost half its value in 24 hours

Wall Street's market gains halted as Treasury yields increased, leading to declines in major indices despite some tech stocks performing well.
moremarket-trends

How 9 newly minted Goldman Sachs partners celebrated their big day, from shouting across the trading floor to popping Champagne in the office

Goldman Sachs named 95 new partners, marking a significant career milestone, celebrated with colleagues and families.
from Intelligencer
2 months ago

Wall Street No Longer Looks Confident About a Trump Win

Wall Street is adopting a more cautious approach amid the election, reflecting long-term investment strategies over short-term market reactions.
#trump

CEOs hedge in case Trump returns

Trump's potential return to power has caused CEOs to cautiously engage with him to avoid retribution.

Wall Street's Big Bet on a Trump Win

Wall Street anticipates a Trump victory, leading investors to position themselves in various assets expected to rise post-election.

CEOs hedge in case Trump returns

Trump's potential return to power has caused CEOs to cautiously engage with him to avoid retribution.

Wall Street's Big Bet on a Trump Win

Wall Street anticipates a Trump victory, leading investors to position themselves in various assets expected to rise post-election.
moretrump

Google's dominance quiets worries over AI spending: Morning Brief

Meta and Alphabet thrive on strong advertising revenues, offsetting concerns over AI investments.

Jane Street, the trading firm where SBF started his career, offers interns a salary equivalent to as much as $250,000 a year

Jane Street offers high salaries for interns, attracting top talent in trading.
The firm reported $10.6 billion in net trading revenue in the last year.
Interns can earn $250,000 a year, leading to significant monthly payouts.

No One Has Any Idea': Why the Election Has Wall Street Frozen

Political considerations are crucial in merger discussions, impacting the timing for major financial deals.

Wall Street's hacks and habits to stay on top of their game

Top financial performers on Wall Street prioritize routine and personal time for mental sharpness amid high-pressure environments.

Xi Jinping just fired his giant money cannon at the wrong target

Beijing's economic measures aim to revive a struggling economy but may not resolve deeper issues.
Wall Street's optimism reflects hope for stability, despite skepticism from analysts.
#climate-change

Wall Street warms to nuclear power as banks including Goldman Sachs reportedly back new push

Wall Street is backing nuclear energy, with 14 banks pledging support to triple global nuclear capacity by 2050.

Wall Street is making a crucial reversal on one huge issue

Climate protesters express skepticism about Citibank's commitment to sustainability after a meeting fails to address specific financing concerns on LNG terminals.

Wall Street warms to nuclear power as banks including Goldman Sachs reportedly back new push

Wall Street is backing nuclear energy, with 14 banks pledging support to triple global nuclear capacity by 2050.

Wall Street is making a crucial reversal on one huge issue

Climate protesters express skepticism about Citibank's commitment to sustainability after a meeting fails to address specific financing concerns on LNG terminals.
moreclimate-change

One Wall Street: The Most Luxurious (and Fun) Stay at a Bank

Wall Street has transformed from a financial district to a luxury residential area post-COVID.

Looking for a Woman in Finance? After 200 Years, There Still Aren't Many

Women are underrepresented in finance leadership despite their increasing presence in entry-level positions.
#banking

JPMorgan just capped bankers' work at 80 hours a week - but there's still one big exception

JPMorgan and Bank of America are limiting junior bankers' work hours to combat overwork culture in banking.

Big bank regulations get a makeover

The Basel Endgame proposal now features reduced capital requirements for large banks, indicating a shift in regulatory approach.

JPMorgan just capped bankers' work at 80 hours a week - but there's still one big exception

JPMorgan and Bank of America are limiting junior bankers' work hours to combat overwork culture in banking.

Big bank regulations get a makeover

The Basel Endgame proposal now features reduced capital requirements for large banks, indicating a shift in regulatory approach.
morebanking

Billionaire donors want Kamala Harris to get rid of regulators

Major Democratic donors want Kamala Harris to replace regulators Lina Khan and Gary Gensler if she is elected, due to frustrations with their regulatory approaches.

Evanson: Greed will win out in Xfinity's dispute with the Big Ten Network, and fans will again lose

'Wall Street' portrays the ethical conflicts encountered by a stockbroker lured by greed.

Hedge fund veteran blames ESG backlash on 'all of these idiots' trying to blackball fossil fuels

Aggressive climate activism has fueled backlash against ESG investing on Wall Street, highlighting the need for moderation in environmental demands.

The Man Who Moves Markets

Carson Block's investigative tactics raise ethical questions as he faces scrutiny while operating as a short activist.

While the Public Awaited Jobs Data, Wall Street Firms Got a Look

The Bureau of Labor Statistics' selective information sharing raises ethical concerns in the job market reporting process.

How Trump vs. Harris is playing out on Wall Street

The 2024 US presidential election is critical due to stark candidate differences affecting democracy and foreign policy.
from Business Insider
4 months ago

Here's everything we know about how Wall Street banks are embracing AI

Generative AI is becoming integral to Wall Street banks, transforming operations across trading, marketing, and software development.

Is Gold Going to $3000? Grab 3 Mining Stocks Under $15 That Pay Big Dividends

Gold is increasingly recognized as a valuable asset despite historical skepticism, especially in the face of inflation and rising prices.

Wall Street banker bonuses forecast to rise 35% this year

Bonuses for Wall Street investment bankers predicted to rise up to 35% due to increased business activity and market confidence.
[ Load more ]