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Citibank has it out for Elizabeth Warren
Elizabeth Warren is no friend of Citibank's.The populist Massachusetts Senator, who has made post-crisis financial regulation a cause célèbre, often points toward the banking behemoth when denouncing...
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JP Morgan CEO Jamie Dimon once told Elizabeth Warren to 'hit' him with a fine...
In early 2013, JPMorgan's outspoken chief Jamie Dimon trolled Sen. Elizabeth Warren (D-Mass.) when he told her to "hit" him with a fine because his bank could "afford it." Dimon has been a major critic...
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Ex-Goldman Sachs banker accused of raping a 20-year-old woman in the Hamptons...
Jason Lee, the 38-year-old ex-Goldman Sachs managing director who faces rape charges in Suffolk County, New York, waived his right to a jury trial and will appear before a judge beginning April 8,...
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25 old-school pranks that Wall Streeters used to pull on the trading floor
It's April Fools' Day, and you can be almost certain that some pranks and jokes will be pulled on Wall Street.But the pranks are nothing like they used to be.If you ever get the chance to speak to a...
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MARK CUBAN: Getting in trouble with the SEC is like getting an 'expensive...
Billionaire entrepreneur Mark Cuban, the owner of the Dallas Mavericks, said that getting in trouble with the Securities and Exchange Commission is like getting an "expensive speeding ticket." Cuban...
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'Every night, we were in the Polo Lounge, drinking Cristal' and other amazing...
Twenty-five years after Drexel Burnham Lambert filed for bankruptcy, some alumni are getting together this week for a reunion in New York.So Bloomberg's Max Abelson, Jason Kelly, and David Carey put...
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Top brokers are resorting to spy game tactics to hide when they're leaving...
PITTSBURGH(Reuters) - Secret contracts, covert real-estate deals, scurrying around after nightfall to avoid detection: this is how far big-bank brokers are prepared to go when they plan to go...
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Morgan Stanley's James Gorman got the biggest pay hike of any Wall Street CEO...
Morgan Stanley boosted CEO James Gorman's pay by a third last year – the biggest raise reported so far on Wall Street.Gorman's compensation jumped to $16 million last year, according to the bank's...
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11 of the hottest jobs on Wall Street
The job market on Wall Street remains tough. New York’s financial sector still employs 25,000 fewer people than it did ten years ago. Aspiring bankers are sending out 300 emails just to stand out from...
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Wall Street CEO pay collapses to just 124x the average banker
The Wall Street Journal used a curious argument to to support the idea that CEO pay in the banking industry has gotten more conservative in recent years. It's almost enough to make one pity Lloyd...
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Asia markets are following Wall Street's positive lead
TOKYO (Reuters) - Asian stocks followed a positive lead from Wall Street to rise on Tuesday, while the dollar held its gains after rebounding against the euro and yen on higher U.S. Treasury yields.The...
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Michael Bloomberg's ode to his old boss is a perfect example of a Wall Street...
Long before Michael Bloomberg built his financial data and media empire — and back before his 12-year reign as mayor of New York City — the multibillionaire started his career on Wall Street working in...
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There's 'no demand' for senior bankers on Wall Street
There was a time when it was possible to ‘retire’ from investment banking in your 30s. That time has passed. As the the trajectory of banking careers changes, 30 has instead become the age at which you...
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The Wells Fargo employee who emailed the CEO asking for a $10K raise for his...
The Wells Fargo employee who emailed the bank's CEO last year asking for a raise for himself and his colleagues has left his job. "After 7 years last Friday was my last day with Wells Fargo," Tyrel...
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Wall Street appears to be shrugging off what may be the worst earnings season...
NEW YORK (Reuters) - Wall Street is greeting what is expected to be the worst earnings season since 2009 with a gigantic shrug.Though there has been some selling in recent weeks, there's been no panic...
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Japan's recovery is still weak after 2 years of monetary 'bazooka'
TOKYO (AP) — Two years after launching a bazooka of ultra-lavish monetary easing, Bank of Japan Gov. Haruhiko Kuroda has made only fitful progress toward the goal of the 2 percent inflation rate he and...
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JP Morgan is working on a new employee surveillance program
JPMorgan is developing a new employee surveillance program that will track whether traders are attending their compliance classes and how well they adhere to "personal trading rules" and risk limits,...
View ArticleCREDIT SUISSE CEO: The pecking order has changed on Wall Street
Credit Suisse CEO Brady Dougan has spent his entire career on Wall Street, so he's got a pretty good feel for how the Street works and where things are going.“I actually think that the most consistent...
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RANKED: How Wall Street's biggest players stack up against each other on the...
It's bound to warm up soon and that means Wall Street will start leaving the trading floor for the golf course in the afternoons. For right now, though, we expect they'll start switching the channel on...
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Jamie Dimon's style is telling JP Morgan shareholders that he's just a...
The first thing you see when opening JPMorgan Chase's annual shareholder letter is a photo of CEO Jamie Dimon looking like a regular guy (dad jeans, button down gingham-print shirt, and an oversized...
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