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Want to work on Wall Street? One thing on your résumé is more important than...
Applying to work for a Wall Street bank can be nerve-wracking.You know you're up against thousands of other people, and you want to highlight your accomplishments to look as qualified as possible.But...
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Wall Street is gripped by something called 'juniorization,' and it is...
There is a phrase on Wall Street for the practice of firing senior traders and salespeople and replacing them with younger talent.It is called "juniorization," and it has been pretty prevalent over the...
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All signs point to Bill Ackman setting up the oldest trick in the book (VRX)
Build it up and break it down. It's one of the oldest tricks in the corporate playbook — financial engineering to create value where there is little to none.It looks like Bill Ackman is gearing up to...
View ArticleJohn Gutfreund — the legendary banker in 'Liar's Poker' — has died
John Gutfreund, the legendary banker immortalized in 'Liar's Poker' and former 'King of Wall Street,' died on Wednesday, the WSJ reports.He was 86 years old.More on this to come... Join the...
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Citigroup has set up a new group to cater to the richest investors in the world
Citigroup has set up a new group within its investment bank to focus on some of the richest investors in the world.The US bank has created a global-asset management group inside the banking business,...
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BlackRock is betting on millennials to help fix the market's biggest weakness
What does a 25-year-old know about trading bonds?Maybe enough to help one investing giant solve a problem that Wall Street can't seem to get its head around.BlackRock, which manages $4.6 trillion in...
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5 successful women at Morgan Stanley share their best career advice
Wall Street has not traditionally been a woman's world.At the senior level, women make up only 20% to 35% of executives on the Street.But there are women who have made it, and they can serve as...
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A bunch of senior sales and trading staff have left Bank of America
Bank of America has been cutting jobs, and now we're hearing who is going to leave.In London, Charlie Lovett-Turner, a managing director and senior figure in emerging-markets and fixed-income trading,...
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A Morgan Stanley exec says this is the one personality trait she looks for in...
Carla Harris was a star dealmaker for Morgan Stanley before being named vice chairman of the firm's prized global wealth-management division.Now also a senior client adviser, Harris has landed some...
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Wall Street bonuses have fallen off a cliff
Deutsche Bank slashed its bonus pool.The firm announced in its 2015 annual report that the overall bonus pool was cut by 17%, totaling €2.4 billion ($2.7 billion) for 2015.The bonus pool in the...
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Warren Buffett nailed the problem with Wall Street pay ― and offered a...
The National Archives did a document dump on Friday, releasing transcripts, meeting agendas, and confidentiality agreements from the Financial Crisis Inquiry Commission.The group was set up in the...
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We just got our hands on an incredible interview with hedge fund honcho Steve...
The National Archives did a document dump on Friday, releasing transcripts, meeting agendas, and confidentiality agreements from the Financial Crisis Inquiry Commission.There are interviews with Warren...
View ArticleA famous Mark Twain quote about a cat explains the nervous behavior of...
One Wall Street firm used a famous Mark Twain quote to explain the nervous behavior of investors this year.Join the conversation about this story »NOW WATCH: A sex expert reveals something surprising...
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Wall Street is obsessed with this technology that no one quite understands —...
Wall Street is obsessed with blockchain.Goldman Sachs says the technology "has the potential to redefine transactions" and can change "everything."JPMorgan last month announced it was launching a trial...
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The real life Gordon Gekko is supporting Bernie Sanders because of a basic...
Asher Edelman, an investor who was one of the inspirations for the nefarious corporate raider Gordon Gekko in the movie "Wall Street," made a surprise presidential endorsement on CNBC's Fast Money last...
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Bank of America just handed a big promotion to one of the most senior women...
Bank of America Merrill Lynch has named a new head of global capital markets, appointing leveraged-finance specialist A.J. Murphy to the role, according to a memo seen by Business Insider.She is...
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Sage Kelly — the banker from one of Wall Street's messiest divorces — just...
Sage Kelly, the former Jefferies healthcare investment banker who resigned amid a messy divorce, has returned to Wall Street.He's been hired by Cantor Fitzgerald as a senior managing director and head...
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A massive Chinese company is trying to get its hands on some of America's...
The massive Chinese company that bought the Waldorf Astoria in 2014 is at it again.Anbang agreed on Monday to drop $6.5 billion to buy a portfolio of luxury hotels from Blackstone Group.It also led a...
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42 Wall Street titans have pledged $10,000 each to compete in this March...
Some of the biggest names on Wall Street are competing in Bloomberg's March Madness bracket challenge this year, including Michael Bloomberg himself and Bloomberg TV's Stephanie Ruhle, who spearheaded...
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There's a glimmer of light at the end of the tunnel for Wall Street
Jefferies Group just reported results for its first quarter, and the numbers shed a little light on how tough it has been, and the extent to which trading conditions are getting better.The investment...
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