Clik here to view.
'Tremendous current momentum': Here’s what Wall Street is saying about Nike's...
Nike hit a record high Wednesday after reporting first-quarter earnings that beat even the most bullish Wall Street estimates. The earnings beat sent off a flurry of price target upgrades and positive...
View ArticleClik here to view.
Wall Street's Democratic donors reportedly warned they'll back Trump over...
Wall Street's Democratic donors are warning they won't back Sen. Elizabeth Warren if she wins the party's nomination, and might even support President Donald Trump, according to CNBC."You're in a box...
View ArticleClik here to view.
Wells Fargo names its next CEO: BNY Mellon's Charles Scharf (WFC)
Wells Fargo announced Friday that Charles Scharf will be its new CEO starting in October.Scharf is currently the CEO of Bank of New York Mellon, and will take over at Wells Fargo on Oct. 21. Wells...
View ArticleClik here to view.
JPMorgan and UBS private wealth execs explain why they're doing more private...
Adam Neumann's millions of dollars in personal loans from three banks — which have also signed up to underwrite WeWork's initial public offering — are a sign of the times.Banks are building out lending...
View ArticleClik here to view.
UBS is upping the ante on its workplace wealth-tech tools. That comes months...
UBS' wealth management unit is rolling out changes to its equity compensation plan services and digital offerings that could compete with Morgan Stanley's Solium tool.The move highlights key themes...
View ArticleClik here to view.
Wall Street's Democratic donors reportedly warned that they'd back Trump over...
Wall Street's Democratic donors are warning that they won't back Sen. Elizabeth Warren if she wins the party's nomination and that they might even support President Donald Trump, according to...
View ArticleClik here to view.
Wells Fargo names its next CEO: BNY Mellon's Charles Scharf (WFC)
Wells Fargo announced Friday that Charles Scharf will be its new CEO starting in October.Scharf is currently the CEO of Bank of New York Mellon, and will take over at Wells Fargo on Oct. 21. Wells...
View ArticleClik here to view.
Credit Suisse's top shareholder says no top execs should be fired over...
Top Credit Suisse shareholder Harris Associates warned the firm's reputation could be damaged if any top executives are fired over the surveillance of former banker Iqbal Khan. "We are fully supportive...
View ArticleClik here to view.
Wells Fargo bumped their new CEO's salary 40% — to $23 million — to convince...
Wells Fargo announced Friday that Charles Scharf of BNY Mellon will be its new CEO.A filing revealed that Scharf was offered a 40% salary bump — to $23 million — for the top position at the bank,...
View ArticleClik here to view.
Cannabis has gone from a criminalized drug to a multibillion-dollar global...
Legal cannabis is one of the world's newest and most dynamic industries. Since Colorado legalized the drug in 2012, the previously illegal plant has birthed multibillion-dollar public companies, minted...
View ArticleClik here to view.
JPMorgan predicts Apple's stock will spike 20% on strong iPhone demand (AAPL)
Apple traded as much as 1.6% higher Monday after JPMorgan raised its price target on the company. The firm now expects the stock to climb 20% over the next 12 months.The tech giant is selling more...
View ArticleClik here to view.
Mark Zuckerberg says he's ready to 'go to the mat' with federal regulators...
Facebook CEO Mark Zuckerberg says he is ready to "go to the mat" with federal regulators over threats to break up the social media giant. "If someone's going to try to threaten something that...
View ArticleClik here to view.
Airbnb has reportedly picked Morgan Stanley and Goldman Sachs to help it go...
Airbnb is set to hire Morgan Stanley and Goldman Sachs as advisers for its planned stock-market flotation in 2020, Reuters reported Wednesday.The home-share company represents a major client and is...
View ArticleClik here to view.
Jerome Powell held calls with the CEOs of JPMorgan and Citigroup the day...
Federal Reserve Chairman Jerome Powell held phone calls with top Wall Street executives at the start of August.That came a day after the central bank cut interest rates for the first time since the...
View ArticleClik here to view.
Here are the 12 banks who advised on the most M&A activity in the 3rd quarter
There have been several mergers and acquisitions in 2019 that are set to reshape the dynamic of industries such as defense, pharmaceuticals, and energy. Mergermarket — an editorial and analytics firm...
View ArticleClik here to view.
Merrill Lynch hiked starting salaries for trainee advisers by $10,000 and is...
Bank of America's massive wealth arm has hiked trainee financial advisers' starting salaries by $10,000. "We're trying to do a better job communicating what a career as an adviser looks like, and what...
View ArticleClik here to view.
Climate-change protesters pour fake blood on Wall Street bull statue as part...
A group of protesters mounted Wall Street's famous "Charging Bull" statue and poured fake blood on it as part of a Monday "die-in" demonstration.The protest was organized by climate activism...
View ArticleClik here to view.
Deutsche Bank analysts say the arrival of Google Cloud CEO Thomas Kurian...
For many years, analysts were skeptical of Google Cloud being able to catch up to Amazon Web Services and Microsoft, but Google Cloud CEO Thomas Kurian is spearheading several changes.Analysts point...
View ArticleClik here to view.
JPMorgan has a complex relationship with WeWork. Here's a sneak peak at what...
Earnings season for big banks kicks off next Tuesday, with JPMorgan among the firms turning in third-quarter results. JPMorgan has worked with WeWork and its co-founder Adam Neumann in several...
View ArticleClik here to view.
Goldman Sachs had 500 teams of employees pitch startup ideas — then picked...
In March, 500 teams of Goldman Sachs employees pitched the bank their startup ideas, according to CNBC.The GS Accelerate program selected five winners in October to be funded by the firm. Those select...
View Article