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Goldman Sachs CEO Lloyd Blankfein makes first TV appearance after 600 hours...
Goldman Sachs CEO Lloyd C. Blankfein on Wednesday morning made his first TV appearance since revealing that he had cancer last fall.In September, Blankfein said he had a "highly curable" form of...
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BLANKFEIN: The stock market makes sense, the rest of the market not so much
Goldman Sachs CEO Lloyd Blankfein says he can easily explain what's going on in the equity market right now.The rest of the market, not so much.In an interview with CNBC — his first TV appearance since...
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Goldman Sachs just announced a big shake-up
Goldman Sachs just announced a big shake-up.Jim Esposito, cohead of the global financing group, will join the securities division as chief strategy officer, the firm announced in an internal memo...
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Goldman Sachs is on a 'mission' to reshape its trading business
Goldman Sachs on Wednesday announced a big shake-up within its securities and investment banking divisions.Most notably, Jim Esposito, who was cohead of the global-financing group, will join the...
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Goldman Sachs just made a big change, and it highlights just how tough it is...
Goldman Sachs just named Jim Esposito, who had been cohead of the bank's global-financing group, as chief strategy officer in the securities division on Wednesday.The memo announcing the move, obtained...
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Martin Shkreli blasted members of Congress right after refusing to answer...
Martin Shkreli, known widely as the "bad boy of pharma," slammed members of Congress on Twitter after his Thursday hearing in front of the House oversight committee."Hard to accept that these imbeciles...
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Credit Suisse slashed the bonus pool for traders
Credit Suisse on Thursday reported its first annual loss since 2008.On a call after the announcement, CEO Tidjane Thiam said the firm would cut bonuses by 36% in the global markets— or sales and...
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The finance industry just saw more job growth than it has in almost 10 years...
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships so we may get a share of the revenue from your purchase.While the markets are as volatile as...
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CREDIT SUISSE CEO: 'The doomsday scenarios are not justified'
Credit Suisse just posted its first annual loss since 2008 and its stock plummeted, but CEO Tidjane Thiam says investors are on his side."The share price doesn't mean that investors are not convinced,"...
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The makers of Barbie and Furby could be getting together
Rival toymakers Hasbro and Mattel have had talks about merging, Bloomberg reports.Hasbro, which makes Furby and My Little Pony, approached Mattel, which makes Barbie and Hot Wheels, about potentially...
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Clinton says she's not beholden to Wall Street while raking in $21.4 million
Former Secretary of State Hillary Clinton claims she is as much a “progressive Democrat” as her rival Sen. Bernie Sanders of Vermont despite Sanders’ relentless efforts to link Clinton to Wall Street...
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This is what it's like to watch a 'Master of the Universe' lose money
I've heard a lot of stories about investors losing money in my time covering Wall Street.There are lots of ways to do it, and lots of ways to react to it.By far the most fascinating people to observe...
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Wall Street is taking a pounding
US bank stocks have plummeted this year, and everyone wants to know why.Morgan Stanley is down 30% from a year ago, while Goldman Sachs is down 13%. Wells Fargo is down 11%.Deutsche Bank analyst Matt...
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This 29-year-old ex-Pimco star broke every recruiting rule — but landed a...
Hao Zou is not your typical young finance star.In fact, it's a wonder the 29-year-old former Pimco portfolio manager got a job in finance at all — and he's the first to say it.He was able to take...
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Meet Silicon Valley's 6 favorite bankers
Investment bankers are not always that popular in Silicon Valley.They're sometimes seen as impersonal, overly corporate, and more pushy than venture capitalists.But a few bankers have earned strong...
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Meet the 50 former star football players working on Wall Street
Anyone who plays pro football knows he won't play forever, so players need to have post-football career plans in mind.For some, finance is perfect. It's cutthroat and hypercompetitive, and it takes...
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Wall Street has finally learned an important lesson about Tesla (tsla)
The past month has been horrific for Tesla's shareholders.After hitting $240 on the last day of 2015, shares have lost one-third of their value. Something close to $10 billion in market cap has been...
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JEFFERIES CEO: A former US Navy SEAL made an incredible point to us about...
Each month, Jefferies CEO Rich Handler, also the head of its parent company, Leucadia, sends out a letter to his bankers, traders, and analysts with some words of encouragement.In the latest letter,...
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China is buying up companies around the world at a record rate — and it's...
Chinese companies have been acquiring foreign companies at an unprecedented rate, and we're likely to see a lot more of it this year.So far in 2016, General Electric has sold its appliances business to...
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New York's itBit is trying to bring the tech behind bitcoin to Wall Street —...
The world of finance is going nuts for blockchain, the technology first invented to underpin bitcoin.Blockchain uses decentralized record keeping and the scrutiny of the "crowd" to allow people to...
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