40 old high-school yearbook photos of Wall Street's titans
It's August and kids are starting to head back to school.Before they were masters of the universe, the biggest names on Wall Street were once just regular high-school kids, too.They were members of...
View ArticleA Goldman Sachs Elevator primer on how rich kids get banking jobs in Hong Kong
Bank of New York Mellon agreed this week to a $14.8 million settlement of allegations it gave internships to relatives of foreign government officials with the expectation of retaining or winning...
View ArticleThis is the finest trolling we've ever seen in a Wall Street analyst note
Mike Mayo, an analyst at the brokerage CLSA, does not like the fact that Bank of America is trying to combine the role of CEO and chairman at the bank.He doesn't like the fact that CEO Brian Moynihan...
View ArticleThe best-paid CEO on Wall Street is old-fashioned and obsessive
Mario Gabelli, the CEO of Gamco Investing Inc., was the best-paid chief executive among Wall Street's publicly traded firms last year.Gabelli raked in a cool $88.5 million in 2014, according to a...
View ArticleThese CEOs are taking advantage of the market plunge to double down on their...
There are no two ways around it: Late August has the stock market in a swoon. Friday's market plunge made the past week the worst for the Dow since the nadir of the financial crisis. For some chief...
View ArticleHedge funds are shaking up corporate America and Wall Street couldn't be...
Activist investing is up — way up — and that has been great news for Wall Street’s top investment banks.Hedge fund managers that agitate for changes at public companies, asking for everything from...
View ArticleTRUMP: Hedge funders don't do anything but 'move around papers' — and it's...
Republican presidential candidate Donald Trump has railed against Wall Street in recent interviews and called for higher taxes on "hedge-fund guys."During a "Fox & Friends" discussion Monday...
View ArticleSee if you can answer this surprisingly common interview question heard on...
The average job interviewee might not think twice about that hot-dog stand they hit for lunch — unless, of course, the trip resulted in an unfortunate mustard stain.But as these tough interview...
View Article9 ways you're cooking your steak wrong, according to the chef of Wall...
Few dishes compare to a hunk of juicy steak.And even fewer home-cooked steaks compare to those of your local favorite steakhouse.From fridge to plate, there are a lot of little secrets steakhouse chefs...
View ArticleThe market chaos is going to hit Wall Street banks hard (gs, ms, wfc, jpm)
The Dow plunged 1,000 points at the open on Monday morning, only to reverse and make up some of the losses.The wild market moves may prove to be a short-term correction, but the consequences for...
View ArticleThese charts show just how white and male Wall Street really is
Wall Street banks are trying to address their image as being the preserve of Ivy League-educated white men.An analysis of their self-reported diversity metrics highlights just how much work they have...
View ArticleJamie Dimon's bank is earning comparisons to the best player in the NBA (JPM)
One is the picture of offensive prowess and defensive aggression, wrapped up into an All-Star package that some think is the best in the game. The other is LeBron James. CSLA analyst Mike Mayo has...
View ArticleThese startups will lend to you — just so long as your friends and family...
A pair of peer-to-peer lenders are taking a novel approach to the booming business model: actually having peers lend to or vouch for one another. Able, which caters to small businesses, is expanding...
View ArticleFormer JPMorgan analyst charged with leaking inside info on tech deals to...
A former JPMorgan Chase analyst and two friends were charged on Tuesday in an alleged insider trading scheme that netted more than $670,000 in illicit profits, the Department of Justice said. Ashish...
View ArticleBill Gross' bond fund had a tough Monday
Bond guru Bill Gross took a hit in the market mayhem on Monday. His $1.47 billion fund at Janus Capital ended the day down 2.87%, The Wall Street Journal reported citing data from Morningstar.The...
View ArticleThe stock market roller coaster is not being felt by most Americans for one...
As financial markets dip, crater and then surge once again, cable news networks are abuzz with frenzied analysis; pundits and investors alike offer up dozens of reasons for the sudden volatility; the...
View ArticleOne of the biggest potential M&A deals of the year just fell apart (mon, trow)
Agricultural-product maker Monsanto revealed on Wednesday, August 26, that it is no longer pursuing a deal for Syngenta, which makes crop-protection products.The transaction would have been worth about...
View ArticleThe most influential name in activism you've never heard of is on an absolute...
There is a big name in activist investing that has been involved in more than 50 campaigns so far this year.It isn't Pershing Square, Icahn Associates, or Third Point. You've probably never heard of...
View ArticleGoldman Sachs just hit a mythical number for M&A advice (gs)
Goldman Sachs just hit the $1 trillion mark for advisory work on mergers and acquisitions deals.It is the fifth time the US investment bank has ever passed the milestone, according to Dealogic, an...
View ArticleThis 30-year-old is the sole employee of a $1.2 billion fund
Andrew Chanin is a one-man band competing with industry giants.The 30-year-old founder and sole employee of New York-based PureFunds runs the $1.2 billion PureFunds ISE Cyber Security exchange-traded...
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