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Big banks just paid $1.9 billion to settle claims they manipulated another...
By Jonathan StempelNEW YORK (Reuters) - Twelve major banks have reached a $1.865 billion settlement to resolve investor claims that they conspired to fix prices and limit competition in the market for...
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This is probably the most feel-good trailer for a Wall Street movie we've...
A new Wall Street movie just premiered, and instead of the usual hookers and blow you might expect, this one's about feelings and soul-searching."Demolition" premiered Thursday at the Toronto...
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EX-NYSE CEO: The stock market is not fair
The former chairman and chief executive of the New York Stock Exchange, Dick Grasso, has said the stock market is now unfair and should be reviewed.Grasso, who led the "Big Board" from 1995 to 2003,...
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INVESTOR: Wall Street banks will never be as profitable as they once were
Investing in banks used to be a wild ride. They would make billions of dollars when times were good, and then lose just as much when the market tanked.Nowadays they're pretty dull. They take less risk...
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Jeb Bush's anti-Wall Street tax plan isn't going to go anywhere (GS, KKR, BX)
Jeb Bush wants to sound like he's tough on Wall Street, but the idea that he'll actually start chipping into carried interest with higher tax rates is about as believable as his father's "Read My Lips"...
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Media companies are banding together with Wall Street to take on Bloomberg...
An alliance of banks and media companies is forming to take on Bloomberg's dominance of Wall Street's technology infrastructure.Dow Jones & Co., the news and data company, has joined the companies...
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Meet Wall Street's favorite Silicon Valley incubator (DB, PYPL, LC)
Plug and Play is a West Coast technology accelerator and investor which counts DropBox, Zoosk and SoundHound as portfolio companies. It is also now home to a financial technology program, running two...
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Joe Biden just had an intriguing meeting with a Wall Street mega-donor
Vice President Joe Biden is acting like a presidential candidate even if he doesn't sound like one.During Biden's trip to New York City last week, the Democrat starred in a campaign-like rally to raise...
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Bank of America insiders are worried that it is close to an embarrassing slap...
Bank of America's plan to consolidate leadership of the top of the organization is getting some shareholder backlash. The US bank last October named chief executive Brian Moynihan as chairman of the...
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The $472,500 question: Which Wall Street bank should you work for?
If you work in investment banking or sales and trading, you may think you've made it on Wall Street.But does a front-office job at any old bank really mean you've made it?It turns out your pay varies a...
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Bill Ackman and some of the best tennis players in global finance faced off...
While Novak Djokovic and Roger Federer prepared for the finals at the US Open in Flushing Meadows Corona Park Sunday, Wall Street's biggest hitters were playing in their own version of a Grand...
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How hedge fund legend Jim Simons went from cracking codes to cracking...
Jim Simons, the investor who founded the hedge fund Renaissance Technologies, gave a rare interview to TED's Chris Anderson to chat about his stint at the National Security Agency, his hedge fund, and...
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One of the biggest pension funds in the US is going after Bank of America CEO...
One of the biggest pension funds in the world is going on the offensive against Brian Moynihan and Bank of America, and reaching far back into its playbook to do so. The California State Teachers'...
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Wall Street is trying to tap into the 'enormous' potential of the technology...
Bitcoin has gone from a hacker plaything to a mainstream financial instrument accepted in coffee shops. But Wall Street doesn't care about the cryptocurrency. It is the technology behind it - the...
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Wall Street bankers are worried the hottest area of activity this year is...
Global mergers and acquisitions activity has been running a record breaking pace so far this year.That could all be about to change, according to Anu Aiyengar, cohead of North American M&A at...
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Wall Street bankers have a new pitch for the Pope
Wall Streeters are excitedly anticipating the arrival of Pope Francis in New York — and are hoping to change his mind about their profession. Michael J Moore at Bloomberg reports that a number of Wall...
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A legal loophole lets executives trade on insider information, and it seems...
Behavior that looks a lot like insider trading among corporate executives and board members seems to be pretty common, according to a paper by researchers at Harvard and Columbia.The academics studied...
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Here's an early look at the messaging service Wall Street wants to displace...
Symphony, the messaging service backed by more than a dozen Wall Street banks, launched Tuesday.Business Insider's finance desk tried out some of the basic features of the system, and the messaging...
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The two factors that could end this bull market
Despite the ambient uncertainty regarding whether or not we will see the Federal Reserve hike rates on Thursday for the first time in a decade, equity traders are sending stocks higher on Tuesday. The...
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Wall Street is sure that market volatility will linger no matter what the Fed...
NEW YORK (Reuters) - While investors, traders and forecasters may be on the fence as to whether the Fed pulls the trigger this week on the first U.S. interest rate hike in nearly a decade, Wall...
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