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Legendary rugby player and Wall Street trader Norman Hadley has died
Legendary former professional rugby player and Wall Street trader Norman "Norm" Hadley died on Saturday, Rugby Canada said in a statement. He was 51.According to his LinkedIn profile, Hadley was most...
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This robo-adviser just raised $100 million in its latest funding round
Betterment, a startup that uses technology to automate financial planning, just raised $100 million in a Series E round of funding.Leading the investors is Sweden's Kinnevik. Previous investors...
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Want to intern at a Wall Street bank? Here's the first thing they'll look for...
Wall Street internships are insanely competitive.In 2015, Goldman Sachs had 59,000 applicants for roughly 2,900 summer intern positions.So if you're going to drop your résumé in a stack with thousands...
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A star Morgan Stanley banker shares her best career advice for women
Carla Harris doesn't normally give gender-specific advice to young people.But there is one point that the Morgan Stanley dealmaker, who is now vice chairman for global wealth management, emphasizes...
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There has been a big change at the top of Bank of America's markets business
Bryan Weadock, cohead of global fixed income, currencies, and commodities sales at Bank of America Merrill Lynch, is going on leave, according to a memo seen by Business Insider.Sanaz Zaimi, Weadock's...
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Wall Street is figuring something out about its clients ― but it should've...
There is a bit of a mystery on Wall Street, and it goes like this.A Wall Street bank, lets call it New York Investment Bank, has a hedge fund client.NYIB's analysts send research to that client. Its...
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Ken Griffin's Citadel just hired a big-name Morgan Stanley trader
Ken Griffin's Citadel has hired a top trader from Morgan Stanley.Morgan Stanley's global head of rates electronic trading, Nicola White, is joining Citadel Securities as global COO for fixed income,...
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Wall Street has hit a low, and things can (probably) only get better from here
It has been a horrible start to the year on Wall Street. That much is obvious.Choppy trading conditions, fears over China's growth, and a collapsed oil price combined to create a "perfect storm,"...
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Jefferies just hired a Navy SEAL from Goldman Sachs to join a desk that's had...
Jefferies has hired Goldman Sachs managing director and former Navy SEAL Joseph V. Femenia to join its distressed-debt-trading team.He's joining as a senior trader and manager in the high-yield group,...
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The giant Chinese insurer that wanted to buy Starwood Hotels is suddenly...
Chinese insurance giant Anbang is walking away from its $14 billion bid for Starwood Hotels and Resorts Worldwide.Anbang was leading a group of bidders, including the private equity firms J.C. Flowers...
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A former undocumented immigrant who rose to a $340,000 position at Goldman...
Julissa Arce was an undocumented immigrant from Mexico when she worked her way up from an intern to a vice president at Goldman Sachs.She's now written a book about her life, and she shared her...
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25 old-school pranks that Wall Streeters used to pull on the trading floor
It's April Fools' Day, and you can be almost certain that some pranks and jokes will be pulled on Wall Street.But the pranks are nothing like they used to be.If you ever get the chance to speak to a...
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'I can never tell what he's talking about': Hillary Clinton dismisses Bernie...
In a Thursday interview with Business Insider, Hillary Clinton pushed back on Bernie Sanders' accusations about her relationship with the financial industry.Business Insider's CEO and editor-in-chief,...
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Companies may have paid $18 billion more than they should have, and Wall...
You may have heard about problems in the bond market.Barely a day goes by without someone adding to the chorus complaining about difficult trading conditions.The problem, the argument goes, is that...
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A Wall Street darling is buried in the Panama Papers
A Wall Street-darling stock is buried in the world's most recent peek into how the rich and powerful guard their money.The darling is the French telecoms firm Altice, which is down 12% on Amsterdam's...
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The Fed was born as a result of this 'panic'
Can any good come from a financial panic? Fans of the Federal Reserve would say yes. The central bank, which regularly makes headlines for its influence on the U.S. economy today, owes its existence to...
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Goldman Sachs just sent out this quiz to clients — see how many questions you...
Think you know emerging markets?Goldman Sachs Asset Management just sent out a quiz to its clients with 10 questions covering everything from Asia to Africa to Latin America. It's trickier than you...
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A trading startup backed by George Soros and Peter Thiel has undergone a big...
TruMid, a bond-trading startup that has raised money from venture capitalist Peter Thiel and legendary investor George Soros, has undergone a big shake-up.The business has made numerous changes in its...
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Bernie Sanders struggled to explain his Wall Street plans in an uncomfortable...
Bernie Sanders had a difficult time explaining his biggest campaign platform in a tough new interview with the Daily News that was published on Monday.The Democratic presidential candidate told the New...
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A lot of people are going to get rich(er) at these small Wall Street firms
It's been a tough first quarter for mergers and acquisitions (M&A) bankers, but a handful of firms have managed to keep busy.Some of the smallest M&A shops have done particularly well for...
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