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2 more Wall Street banks send memos to staff in response to Trump's travel ban
Bank of America Merrill Lynch CEO Brian Moynihan and Wells Fargo's Chief Administrative Officer, Hope Hardison, on Monday joined their Wall Street peers in responding to President Donald Trump's...
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Wall Street is going to regret how lazy it's been on Trumpenomics
For weeks, Wall Street has been celebrating President Donald Trump's promises of deregulation and tax cuts, heralding his administration as a new era of good feelings for business.The words...
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Deutsche Bank is planning a new bonus system for senior staff
FRANKFURT (Reuters) - Deutsche Bank is working on a new, more transparent bonus system for its top executives, German newspaper Handelsblatt reported on Tuesday, citing sources.Deutsche Bank will...
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Ford's CEO talks dealmaking — and explains why he loves Silicon Valley
Ford, the 113-year-old automaker, may be headquartered in the suburbs of Detroit, but CEO Mark Fields has his eyes set on Silicon Valley.The company built a research and innovation center in Palo Alto...
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13 charts that tell you everything you need to know about Snap ahead of its...
Snapchat parent company Snap has finally filed for its long-awaited IPO, planning to raising $3 billion at a valuation of $25 billion.The $3 billion number is a placeholder amount and certain to change...
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Trump just signed an order that could roll back a rule intended to protect...
President Donald Trump just signed an executive order that could roll back the Obama administration's landmark retirement savings rule."The rule is a solution in search of a problem," White House press...
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How Imran Khan swapped Wall Street for a huge role at Snapchat and earned...
When Snapchat parent company Snap Inc. goes public next month, its sale will prove a windfall for a handful of executives who helped grow the company from a tiny startup to a $25 billion juggernaut in...
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Here's a copy of the executive order Trump signed on Americans' retirement money
The White House has just released a copy of the executive order that President Donald Trump signed earlier Friday on the fiduciary rule.The fiduciary rule, which the Department of Labor passed last...
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Trump’s excuse for gutting Wall Street regulations is hilariously flimsy
President Donald Trump signed an executive order Friday instructing his administration to start rolling back Dodd-Frank's banking regulations. This was not a surprise. Republicans have hated the...
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Here's what Goldman Sachs CEO Lloyd Blankfein is telling clients about...
Goldman Sachs CEO Lloyd Blankfein has heard enough people talk about uncertainty in the markets lately that, he says, it's starting to sound "trite."So in a recent video posted on Goldman Sachs'...
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Trump's plan to make Wall Street unregulated again won't go unchallenged
Self-regulation is so 1990s.But US President Donald Trump wants to bring it back, betting Americans have short enough memories that they will forget that the new rules were put into place to protect...
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A banker who's been on Wall Street for 20 years explains why you shouldn't...
RBC Capital Markets' technology investment banking cohead, Michal Katz, has called some big-name Wall Street firms home over the course of her over 20-year career in finance.So she knows what it takes...
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Allergan is buying a fat-freezing company for $2.5 billion
The hyper-acquisitive multinational pharmaceutical company Allergan is buying the fat-reduction biopharmaceutical company Zeltiq Aesthetics.Allergan, which is the Dublin-headquartered maker of Botox,...
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2 Wall Street boutiques just landed a $45 million payday
Allergan, the hyper-acquisitive, Dublin-headquartered maker of Botox, is buying the fat-reduction biopharmaceutical Zeltiq for about $2.5 billion— and the only two financial advisers on the deal are...
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Morgan Stanley's global head of stock trading just quit to join a $35 billion...
Morgan Stanley's global head of equity trading, Peter Santoro, is leaving the firm, according to people familiar with the matter.He is expected to join hedge fund Millennium, replacing Hyung Soon Lee,...
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SoftBank is buying Fortress for $3.3 billion — and Fortress is soaring (FIG)
SoftBank, the hyper-acquisitive Japanese telecommunications giant, is buying the asset manager Fortress Investment Group for $3.3 billion.Fortress' stock soared as much as 28% in after-market trading...
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Goldman Sachs just announced a big promotion in its new online business
Goldman Sachs has promoted a technology expert to chief information officer of its retail arm, GS Bank USA.Boe Hartman has been named head of consumer and commercial banking technology and chief...
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The head of UBS' investment bank on Trump, uncertainty and challenging...
Andrea Orcel, who heads the investment bank at UBS, has a lot on his mind. A few days before we met, on January 31, UBS reported fourth-quarter and full-year earnings. The investment bank delivered a...
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'Cameras augment the way that we talk': Here's what Snap is telling investors
Snapchat's parent company, Snap Inc., just released its roadshow materials, including a 35-minute video, providing an important look into how the company sees itself — and how it will pitch itself to...
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SoftBank is reportedly making another run at T-Mobile — and T-Mobile is up 4%
The Japanese telecom SoftBank, which owns Sprint, is looking to make another run at T-Mobile US, Reuters reports.T-Mobile US' stock is up 4% on the news.This would be the second time Softbank has made...
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