Bernie Madoff talks about his crimes in rare audio recording
Eugene Soltes is a professor at Harvard Business School as well as the author of Why They Do It, which focuses on white-collar crime. He spent seven years speaking with some of the biggest white-collar...
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Credit Suisse just hired the analyst Bob Peck to head its internet banking team
Credit Suisse has hired Robert Peck from SunTrust to head its global internet banking franchise, according to an internal memo seen by Business Insider.He is expected to start in New York in March and...
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Goldman Sachs shares are up 30% since Trump's victory (GS)
Goldman Sachs is once again trading at post-crisis highs on Thursday.Shares of the Wall Street bank were trading at $241.64 around 1:50 pm ET — up about 30% since President-elect Donald Trump's...
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Time Inc. shares jump more than 8% on reports it has hired bankers (TIME)
Time Inc., the publisher of People, Fortune, and Sports Illustrated magazines, has hired Morgan Stanley and Bank of America to help it deal with takeover offers, The Wall Street Journal reports.The...
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GOLDMAN SACHS CEO: 'The declared policies of Mr. Trump' are 'a good thing' (GS)
Goldman Sachs CEO Lloyd Blankfein may not have voted for President-elect Donald Trump, but he is ready to give him the benefit of the doubt."Mr. Trump may turn out to be a much better president than...
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Morgan Stanley just gave its senior leadership bigger roles (MS)
Morgan Stanley is giving its senior executives broader responsibilities when COO James Rosenthal steps down at the end of the year.President Colm Kelleher will take over as chairman and CEO of Morgan...
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Here's what Point72 President Doug Haynes looks for when hiring young people
What does Doug Haynes, president of Point72 Asset Management, look for in young people wanting to work for him?In the second part of an interview with Skiddy von Stade of OneWire, Haynes explained what...
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Goldman Sachs' No. 2 exec will get a big payout now that he's joining Trump's...
Gary Cohn, Goldman Sachs' COO and president, has been named to a big position in the Trump administration — and it makes for a big payday for him.The Wall Street executive has been named as assistant...
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These 2 factors could burst the economy's post-election rally in 2017
The Dow Jones Industrial Average continues to climb toward the 20,000 level, helped by the rout underway in bonds as interest rates soar.The yield on 10-year U.S. Treasuries jumped above 2.5 percent on...
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'This spot in my heart, in my mind, will be here for a long time': Gary Cohn...
President-elect Donald Trump on Monday announced that Goldman Sachs' COO and president, Gary Cohn, would be joining his administration.Cohn, who spent 26 years at Goldman Sachs, was the No. 2 executive...
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Morgan Stanley may be missing out on the big Wall Street rebound (MS)
Morgan Stanley may not have quite as strong a fourth-quarter as other Wall Street banks have been predicting for themselves.The firm has made a big bet on equities trading — historically its stronget...
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The 3 reasons Wall Street lurches from one crisis to another
Why is it that Wall Street keeps lurching from one crisis to another?The reputation of Wall Street professionals is nothing to write home about, and many have made a career out of writing on Wall...
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DIMON: If you put 'some of my liberal democratic friends' in charge of...
JPMorgan CEO Jamie Dimon is a fan of Singapore.The Wall Street executive, who was recently said to be under consideration for Treasury secretary, advocated for the kind of heavy-handed leadership and...
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We asked a bunch of top bankers what to expect for Wall Street in 2017
2016 has been one for the history books. On Wall Street, the year started off with record low levels of activity — in fact, the first quarter was the worst for equity, debt, loan, and advisory revenues...
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Wall Streeters are sharing a story about a wild holiday party that went...
There's a story being passed around today among hedge funders and bankers about a Christmas party on Thursday evening that went awry for one young financier.We've received similar versions of the story...
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One image epitomizes the changing of the guard at Goldman Sachs
There has been a changing of the guard at Goldman Sachs in 2016.The global investment bank's no. 2 executive, COO and President Gary Cohn, on Monday announced he would leave the bank to join...
View ArticleMICHAEL LEWIS: The biggest way Wall Street culture has changed since 'Liar's...
Author Michael Lewis recently dropped by Business Insider to talk about his new book "The Undoing Project."Lewis' first major literary success occurred with his 1988 memoir "Liar's Poker," which...
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One Wall Street bank is using Snap Spectacles to help recruit young talent
Citi is taking a different tack when it comes to recruiting young talent.The Wall Street firm is using Snap Spectacles — the sunglasses made by Snapchat's parent company with miniature cameras used to...
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Investment bank Jefferies just had a killer quarter, with profit jumping...
Dec 20 (Reuters) - Jefferies Group LLC, the investment banking unit of Leucadia National Corp, reported a sharp increase in quarterly profit on Tuesday, driven by strong revenue in its equities and...
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11 things everyone on Wall Street needs to stop wearing ASAP
Like any tribe, Wall Street has its own way of dressing, passed down from executives to managing directors, VPs to associates, and so on.It is a (mostly) classic style for a very hierarchical set, and...
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