The $2.6 trillion asset manager behind the 'Fearless Girl' statue is putting...
State Street Global Advisors, a huge asset manager, called for the companies it invests in to improve their gender diversity – or else face a vote against them.The call came as part of State Street's...
View ArticleWall Street is sending huge warning signs for stocks
To a growing chorus of strategists and investors across Wall Street, the stock market looks like it's headed for a rude awakening.Their mounting pessimism comes at a time when US equities are looking...
View ArticleWall Street is getting worried about oil
(Reuters) - Oil analysts have cut their 2017 crude price forecasts for a sixth straight month in July, citing concerns over compliance with an OPEC-led deal to limit production that could dampen the...
View ArticleInside ICBC: How the world's biggest bank became ensnared in a sprawling...
MADRID, July 31 (Reuters) - A few minutes before 8 p.m. on Aug. 8, 2012, two Chinese living in Spain - a banker and her client - held a blunt phone conversation.Wang Jing was a senior officer at the...
View ArticleWall Street is at war with itself over the future of stocks
JPMorgan strategists Marko Kolanovic and Dubravkos Lakos-Bujas have conflicting views over the future of the stock market.It's a microcosm of the split that is emerging on Wall Street, with some...
View Article'It comes down to execution': Here's what Wall Street is saying about Tesla...
Tesla reported a smaller than expected loss on Wednesday afternoon, just three days after the much anticipated launch of its luxury Model 3 sedan, which it says 455,000 people have pre-ordered.The...
View ArticleWhat you need to know on Wall Street today
Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.Jim Cramer had his prophetic TV meltdown exactly 10 years ago today – and debt levels are back now in the...
View ArticleTrump’s plan to slash post-crisis Wall Street rules puts America at risk
There's little evidence for the notion that post-crisis financial rules are holding back lendingA new paper argues the Trump team's deregulation push would threaten the financial systemThere are no...
View ArticleWhat you need to know on Wall Street today
Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.The jobs report beat expectations. The US economy added 209,000 jobs in July while the unemployment rate...
View ArticleOne of the stock market's biggest opportunities is being ignored
Bank stocks are underperforming the broader market this year, and Goldman Sachs sees an intriguing opportunity for investmentMuch of the bullishness stems from the big increase in capital available to...
View ArticleThe CFA Level 3 results are in
In June, nearly 150,000 aspiring finance buffs took the notoriously tough Chartered Financial Analyst exam.The results are now in for the third and final level of the exam: 54% of test-takers passed,...
View ArticleWall Street traders have had a tough year — and it's eating into their bonuses
Less-than-stellar Wall Street trading results will likely have an impact on this year’s bonuses.While investment bankers will probably see big jumps in their annual bonus, securities traders likely...
View ArticleA CEO just said on live TV that billionaire Bill Ackman reminds him 'of a...
In a Thursday morning interview with CNBC, Carlos Rodriguez, CEO of Automatic Data Processing (ADP) described his interactions with hedge fund billionaire Bill Ackman of Pershing Square Capital.Ackman,...
View ArticleThe CEO of a $2.4 billion investment bank shares 3 things he looks for in...
On of the biggest challenges for Scott Beiser, the CEO of $2.4 billion boutique global investment bank Houlihan Lokey, is making sure the company's employees stay engaged and energized. The firm —...
View ArticleHere's what you can expect to happen on Wall Street this week
We know it’s hard to believe, but we’ve closed out the first week of 3Q 2107. For some, it was a vacation week, for others like those of us here at Tematica it was a busy one. As much as we love a...
View ArticleThe Uber engineer accused of downloading thousands of files once urged Travis...
When it comes to Uber and its tough-talking founder and former CEO Travis Kalanick, the word "greed" just keeps coming up.News stories used "greed" in their headlines to describe many of Uber's...
View ArticleWe tried the ultra-decadent secret 'billionaire menu' at Wall Street's oldest...
Just a few short blocks from the New York Stock Exchange, another Wall Street institution sits at its centuries-long perch at the triangular intersection of William and Beaver streets.Delmonico's is...
View ArticleRBC: ‘Everyone who was going to shop at Walmart already shops at Walmart’ (WMT)
Walmart reported better-than-expected earnings on Thursday, with comparable-store sales up 1.8% over the previous year, making for a 12th straight quarter of positive results.Merchandise volumes —...
View ArticleWhy Wall Street is so fixated on Gary Cohn's position in the White House
Markets tumbled on Thursday after rumors swirled that Gary Cohn, President Donald Trump's top economic adviser and formerly Goldman Sach's number two, was resigning.The S&P 500 slumped at around 10...
View ArticleGoldman Sachs is reportedly on the hunt for star traders to revive its...
Goldman Sachs is reportedly looking to boost its struggling commodities unit with fresh hires and new clients as it tries to rebound from its worst quarter in over 18 years.The news was first reported...
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