Welcome to the 'self-driving car of finance'
Everyone is talking about blockchain. The nascent technology has the potential to allow a digital asset to be securely and seamlessly transferred from one party to another, eliminating the need for...
View ArticleBOUTIQUE BLOWOUT: 3 tiny firms will make a killing on a $14 billion pharma deal
Pfizer is buying the cancer drugmaker Medivation for $14 billion, and three small banks helped make it happen.Guggenheim Securities and Centerview Partners advised Pfizer on the deal, while JPMorgan...
View ArticleOne of the most popular trades in the world is no longer profitable
We're living in a world of negative interest rates.Central banks from Japan to Switzerland have implemented negative rates in a bid to catalyze economic growth, sending investors scurrying to find...
View ArticleA groundbreaking Wall Street trading startup is trying to pull back from the...
Direct Match, a Wall Street trading startup focused on the US Treasurys market, is exploring strategic options that could include a sale.The firm, which touted itself as the first all-to-all US...
View ArticleWall Street startup Direct Match: 'We will not be able to execute on our...
Very few people would disagree that the US Treasury market is broken.Direct Match was borne out of my ideas of how to make it work better for everyone.The Treasury market is different from other...
View ArticleMore than half the non-government people Clinton met with at the State...
WASHINGTON (AP) -- More than half the people outside the government who met with Hillary Clinton while she was secretary of state gave money - either personally or through companies or groups - to the...
View ArticleA top JPMorgan recruiter reveals 5 common job-hunting mistakes to avoid
Wall Street jobs and internships are extremely tough to score, and JPMorgan is no exception.That firm receives tens of thousands of applications for internships every year.So if you're one of those...
View ArticleMany crucial business lessons are not taught in MBA programs — here's...
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.You learn a lot on the way to getting...
View ArticleMorgan Stanley addressed its interns' most pressing career questions, and...
If you're a Wall Street intern about halfway through your first stint in finance, you've probably got tons of questions.Of course, you might be worried about asking them without seeming naive or...
View ArticleInside the legal case everyone on Wall Street is talking about
It is not uncommon for an investment banker to jump from one Wall Street firm to another.It is less common for five of them — from the same team — to do it at the same time for the same rival. That's...
View ArticleThe 10 best colleges for a job on Wall Street
Ever wonder where Wall Streeters come from?It turns out that many of them — at least the ones based in New York City — went into finance from one of 10 schools.That's according to Emolument, a salary...
View ArticleAfter three years of Herbalife, Bill Ackman still doesn't get Carl Icahn
Bill Ackman is that guy at a basketball game who keeps chanting after everyone else has stopped.Ackman is crowing over the fact that his nemesis, Carl Icahn, almost sold part of Icahn Enterprise's 18%...
View ArticleHillary Clinton's ties to Silicon Valley could be problematic
The wealth of Hollywood has historically been a magnet for Democratic politicians, and it remains so; Hillary Clinton spent two days draining the pocketbooks of Justin Timberlake and other luminaries...
View ArticleHere are the top Wall Street firms to work for, according to LinkedIn's users
The hunt for talent is getting more and more difficult.LinkedIn published a list of the top 40 companies in the US that are best at finding and keeping great employees.The ranking is based on the...
View ArticleWall Street analysts are predicting their own grim fate
There are going to be fewer Wall Street stock analysts in the future, according to some Wall Street stock analysts.That's right. Research analysts who do deep dives on the future of various industries...
View ArticleHey, traders — here's how to tell whether your job is going to be made redundant
When you think Wall Street trading, what do you think of?Shouty men in colorful jackets making weird hand signals? Or a box full of servers in New Jersey?The former has been replaced with the latter...
View ArticleThe most popular college major on Wall Street
Ever wonder which college major is most likely to get you a job on Wall Street?Business Insider turned to Emolument, a salary-benchmarking website that collects self-reported pay data, to find out...
View ArticleThe retirement crisis will hit one half of America harder than the other
America is facing a retirement crisis. We're all living longer, many companies are facing huge pension deficits, and with interest rates so low returns have been lousy. And there is one group that is...
View ArticleCorporate America's stock buyback binge may be coming to an end
Wall Street pros love talk about how regular investors are terrible market timers and thus should just buy and hold for the long haul.Small investors tend to panic sell at the lows and greedily buy at...
View ArticleAmerica's stock market is slowing down
There's a new trend in trading: going slow.The Chicago Stock Exchange this week outlined plans to adopt what it calls a Liquidity Taking Access Delay (LATD), a 350-microsecond delay for those who trade...
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