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Wall Street's Business As Usual During The Blizzard — Here's What To Wear To...
New York City and New England is expected to get hit "a crippling and potentially historic" blizzard today and tomorrow. As of right now, it appears that Wall Street will still be going to work,...
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CFA Level 1 Results Are Out, And Most People Are Finding Out They Failed
Many young Wall Streeters are probably freaking this morning, and it's not because of the snow. It's because the CFA (Chartered Financial Analyst) Level 1 test results are coming out.The CFA Institute...
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More Companies Are Switching To Subscription Models — Here's Why Wall Street...
What do Netflix, the Financial Times, Birchbox, and Zipcar have in common? They're all using subscriptions to develop smarter customer relationships. We're in the middle of an unprecedented global...
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Billionaire Says Bloomberg Fabricated His Quote About Americans Needing To...
Last week at the World Economic Forum in Davos, Switzerland, Florida billionaire Jeff Greene created a stir when he reportedly suggested that Americans need to downsize their lifestyle. "America's...
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Bank Of America Is Cutting Its Trader Bonus Pool Up To 10%
It's starting to look like a pretty dismal bonus season on Wall Street with trading revenue down across the board. Bloomberg News is now reporting that Bank of America, the second-largest US bank, is...
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Inside Hunt & Fish Club, Wall Street’s New Favorite Steakhouse
Two streets and one block over from Times Square, a new steakhouse has Wall Street buzzing.Hunt & Fish Club— the $5 million brainchild of founders restaurateur Eytan Sugarman, financier Nelson...
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The intern who left Wall Street for porn has details on her first film
Former Wall Street intern Paige A. Jennings who quit her job this month to pursue a career as a porn star named "Veronica Vain" is shooting her first film this weekend. ArrangementFinders.com — a...
View ArticleThis Wall Street CEO isn't impressed by 'fancy schools' – here's what gets...
Hedge fund manager Buzzy Geduld didn't follow a conventional path to Wall Street.Raised in a middle-class Brooklyn neighborhood, he was fired from his first two Wall Street jobs within months of...
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Chinese President Xi Jinping just made his first move against Wall Street China
Chinese President Xi Jinping is engaged in a crackdown on corruption in China. He has just made his first move against a major Chinese bank.Over the past 72 hours, the youngest bank CEO in the country...
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Blackstone's CEO says this is the biggest mistake he sees people make in...
According to Blackstone Group co-founder Steve Schwarzman, young Wall Streeters should not be following in his footsteps.Schwarzman co-founded his own firm in 1985 at age 37, which now has more than...
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The island of Anguilla is Wall Street's hot new vacation spot
Wall Street has taken to a new vacation spot this recently – the sunny shores of Anguilla.It only takes a few bankers to open the floodgates:"I went to Anguilla for the first time this Christmas as a...
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Jefferies CEO Rich Handler turned down his $2.17 million bonus
The top leadership at Jefferies just made an incredibly classy move. After a challenging year, CEO Richard B. Handler and Chairman Brian Friedman have both decided to decline their $2.17 million cash...
View ArticleHow 'one of the worst traders in the history of Wall Street' became a...
This is a story about appreciating your talents, and letting them take you to the top.In an interview with OneWire's Skiddy von Stade, Ben Carpenter explained his ascent to co-CEO of brokerage firm...
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The CME will close most of its open outcry trading pits by this summer
An era is coming to an end. The CME Group just announced that it will close most of its futures trading pits in Chicago and New York by this summer. "As open outcry futures trading has fallen to just...
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A veteran banker was among those who died in the Metro-North train crash
Banker Eric Vandercar was among those who tragically died while riding a Metro North commuter train hit an SUV on the tracks on Tuesday evening in Westchester County, New York. He was 53.The crash...
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This is what the hedge funds that won 2014 looked like
Last year was a tough one for hedge funds.A recent Citi survey found hedge fund profits down for the year about $10 billion dollars – or 30 percent – from the year prior, and indexes from research...
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5 things I learned by leaving Wall Street to run a startup
My biggest fear when I became a trader was that I would walk away with no transferable skills if trading didn’t become my long-term career.That’s not to say trading doesn’t take skill.It takes...
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Take a look inside Wall Street’s favorite new Caribbean resort
Business Insider recently wrote about Anguilla as the hot new vacation spot for the Wall Street crowd.The Caribbean island has stunning views, beautiful resorts and a relaxing, laid-back atmosphere....
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A JPMorgan associate and his wife were found dead in an apparent...
A JPMorgan Chase associate and his wife were found dead in an apparent murder-suicide in Closter, New Jersey on Friday evening.According to the Bergen County prosecutor John Molinelli, Michael...
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Barclays senior bankers just learned that junior bankers are getting a raise...
Barclays managing directors were told on a conference call last week that the junior investment bankers were going to see a 20 to 40% increase in their bonuses/salaries, according to Bloomberg News....
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