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Bank Of America Posts Earnings Tomorrow, Get Briefed Here
Bank of America will report earnings tomorrow before the bell, and everyone's hoping for some good news from what used to be one of the sickest banks on Wall Street.Analysts are expecting earnings per...
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Check Out The High-Tech 7-Eleven That Just Opened In The Financial District
NEW YORK — 7-Eleven has gone high-tech.The chain's expansive new Financial District outpost, which sits at the corner of John and Pearl streets, boasts touch-screen ordering, free Wi-Fi, a huge...
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A Few Brutally Honest Insights Wall Street Interns May Not Want To Hear
We’re in the heart of intern season, which means thousands of bright-eyed college and graduate students are putting in the hours, setting themselves up for long distinctive careers on Wall Street....
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Federal Prosecutors May Charge Wall Street Bankers Who Sold Bad Loans Under...
NEW YORK (Reuters) - U.S. federal prosecutors are considering a new strategy for criminally charging Wall Street bankers who packaged and sold bad mortgage loans at the height of the housing bubble,...
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Morgan Stanley Revenue And Earnings Beat Expectations (MS)
Investment banking giant Morgan Stanley just released its Q2 financial results.The numbers are a bit noisy.Earning per share adjusted for non-recurring items jumped to $0.45 per share. This was a bit...
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Wall Streeters Are Doing Deals In Spin Class These Days
A perennial hangover used to be the cost of doing business on Wall Street.Now dealmakers are trading in bars and strip clubs for high-end spin gyms like SoulCycle, Barry's Bootcamp, and Flywheel...
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A Billionaire With A Hamptons Mansion Bigger Than The White House Wants More...
Sometimes 64,389 square feet just doesn't cut it. We've all been there.For billionaire Ira Rennert, it was time to add a pilates studio, spa bath, sauna, steam shower, and three extra bathrooms to one...
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Why Borrowers Caused The Financial Crisis
On the 2008 mortgage crisis, from my perspectiveOk friends, are you ready? I’m about to piss you off.Contrary to the dominant journalistic narrative of the 2008 Crisis – that greedy bankers and their...
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When You Get Right Down To It, Bank Earnings Still Kind Of Stunk
Sizing up the competition is Wall Street's all-time favorite parlor game — especially during earnings season.Now that Q2 results have rolled in, the wait is over.Big banks posted big numbers last...
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The Difference Between Hedge Funds And Asset Management
Hedge funds get all the glory... and now they're even going to get all the press, courtesy of the JOBS Act, and I'm more than excited to see who thinks they actually need to advertise to bring in the...
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TIMELINE: The Most Crucial Events In The SAC Capital Probe
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission on Friday charged hedge fund mogulSteven A. Cohen with failing to supervise a former SAC Capital Advisors portfolio manager and another...
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A Quick Primer For Next Week's Earnings Deluge
(Reuters) - Wall Street is experiencing its best month since January and looks poised to extend the rally with a deluge of earnings next week, though significant gains may be harder to come by with...
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A Private Equity Exec Survived A Plunge Out Of His 7th Floor Apartment Window
A 47-year-old president and managing partner of a private equity firm survived a plunge from his seventh floor Fifth Avenue apartment yesterday morning, the New York Post reports. Adam Silberman...
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Traders, Send Us Photos Of Your Badass Trading Desks
We know that a bunch of our readers spend a lot of time in front of their monitors trading the markets. It's basically their second home, so they have to tailor to their needs and strategy.That's why...
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Wall Street's Hardest Exam Results Are Out, And It Looks Like A Ton Of People...
The Chartered Financial Analyst exam results are out! For the June 2013 Level I and Level II CFA exam, 38% of Level I candidates passed and 43% of Level II candidates passed. The results are right in...
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Elizabeth Warren Wants To Take This Goldman Sachs Aluminum Story And Run...
Today the Senate Banking Committee met to discuss Wall Street's role in the global commodities business, and as you can imagine Senator Elizabeth Warren (D-MA) was quite outspoken about the fact that...
View ArticleA Wall Street Hedge Fund Vet Explains What The Kids He Interviews These Days...
We've got another awesome OneWire video for you.This week, OneWire CEO Skiddy von Stade sits down with Steve Ketchum, the Founder and CEO of Sound Point Capital. Ketchum founded the credit-oriented...
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Find A Date At The New 'Matchmaker Cafe' On Wall Street
FINANCIAL DISTRICT — Love is brewing.Matchmaker Café, a pop-up cart at the plaza and beer garden outside upscale hotel Andaz Wall Street, has been serving coffee — and connecting couples — since...
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10 Real Wall Street Stories That Should Be Movies
Martin Scorsese's "The Wolf of Wall Street" will hit theaters this fall, giving moviegoers a stylized glimpse into the corruption and opulence that can plague the finance world.The film, starring...
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Here's The Real Reason Why Wall Street Is Freaked Out About The Insider...
Yesterday Steve Cohen's $14 billion SAC Capital Advisors was slapped with an indictment from a federal grand jury on charges of criminal insider trading. The Stamford, Connecticut-based hedge fund and...
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