ANALYST: This has become a 'trust us' story (BID)
The CFO of auction house Sotheby's, Patrick McClymont, has resigned from the company effective January 1, and that's giving some on Wall Street pause."...yes we were surprised by the...
View ArticleThe biggest names on Wall Street are weighing in on the big recession question
For a long time, Wall Street was focused on rates, and when the Federal Reserve would put an end to the zero-interest-rate-policy era. Now the focus is switching to another R-word: recession. The Fed...
View ArticleBig banks are suddenly looking hard at the weed industry
Earlier this month Bank of America Merrill Lynch put out a research report on the marijuana industry’s prospects. Touted as the first such assessment by a major financial institution, the report is a...
View Article10 incredible bottles of whiskey that make the perfect gift
Finding the perfect gift for that special someone can be tough. Unless they drink whiskey. In which case you've come to the right place.Business Insider has spent some of the past year sampling,...
View ArticleIt has been a horrible year for IPO performance
Initial-public-offering performance has been awful in 2015.Most of the big offerings this year are now trading lower than their IPO price. That means investors who bought into these deals in the hope...
View ArticleThe world's biggest wealth fund just weighed in on the debate dividing Wall...
Norges Bank Investment Management has sent a letter to the Securities and Exchange Commission supporting IEX Group, the stock-trading venue at the center of Michael Lewis' book "Flash Boys."The...
View ArticleTech banker Frank Quattrone was reportedly paid $1 million an hour for a deal...
Frank Quattrone is as controversial as ever.The tech banker left a career at big Wall Street firms after the bursting dot-com bubble prompted an investigation into how IPO shares were allocated.He was...
View ArticleMeet the 3 superstar bankers Goldman Sachs just added to its inner circle (gs)
Goldman Sachs has added three new bankers to its inner circle.On Monday, CEO Lloyd Blankfein and President Gary Cohn announced in a memo, seen by Business Insider, that Gregg Lemkau, Marc Nachmann and...
View ArticleInside the hot new startup accelerator 'changing the DNA' of a huge bank
The relationship between Wall Street banks and the tech world is changing.Technology is disrupting just about every industry — including finance — and banks need to find a way to work with the...
View ArticleThe most important China chart of 2015
Now that the year is almost over, it's time to reflect on 2015.Business Insider reached out to the brightest minds on Wall Street to get their thoughts on what just happened.Hopefully, they'll help us...
View ArticleThe banker who inspired Christian Bale's character in 'The Big Short' sent...
'The Big Short' actors discuss their interactions with the real people behind the characters they portray on screen. Follow BI Video: On Facebook Join the conversation about this story »
View ArticleThis is what 'slow and steady wealth preservation' looked like in 2015
It was not a pretty year in markets.Even the most talented money managers in the world suffered losses as stocks became volatile and investors sold out of junk bonds.China and the rest of the emerging...
View ArticleThese 2 ugly charts show just how brutal it is in the oil business
Bankruptcies in the oil and gas sector in the US have reached levels last seen in the Great Recession.The Dallas Federal Reserve Bank put out a report on December 23 noting that at least nine US oil...
View ArticleHow 'The Devil's Financial Dictionary' defines 13 Wall Street words
How 'The Devil's Financial Dictionary' defines 13 Wall Street words.Join the conversation about this story »NOW WATCH: JIM CRAMER: These are the best and worst stocks for 2016
View Article26 Wall Street movies to watch over Christmas
It's Christmas and you're probably away from the trading desk and spending some quality time with your family.That doesn't mean you can't get a little Wall Street in your day, though. Why not kick back...
View ArticleThere are 2 clear Wall Street winners in the year of the mega-deal (JPM, GS)
There are two clear winners on Wall Street in this year's deal-making bonanza.JPMorgan ranked as the top investment bank globally by fees for the year to December 17, according to data provider...
View ArticleA big change could be about to come to the housing market (BAC, BX, WFC)
The Federal Reserve has finally lifted interest rates from 0% and after nine years without a rate hike.The potential ramifications for the policy move are far-reaching and span various American...
View ArticleHere is what a trader learned from putting together his bank's most...
In 2008, during the nadir of the financial crisis, one Barclays trader was already $200 million in the hole and staring at a deal he called an "unavoidable abyss."But miraculously, Bob Henderson, then...
View ArticleThe new 'Star Wars' just crossed the $1 billion mark — and it has only been...
The force is with them. And now, so is a ton of money. Star Wars: The Force Awakens has cracked the $1 billion mark after just 12 days in theaters.In part thanks to the star power of returning actors...
View ArticleYahoo's popular finance tool has users revolting (YHOO)
Marissa Mayer may have one more problem to add to her list.Yahoo has been making changes to its popular finance tool, and users have complained of missing message boards, slow load times, formatting...
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