Clik here to view.
Ex-Goldman banker's attorney says the rape allegation against his client was...
Jason Lee—the 38-year-old ex-Goldman Sachs managing accused of raping a 20-year-old woman in the Hamptons in 2013—is currently on trial in Riverhead, New York.Lee's defense attorney, Andrew Lankler,...
View ArticleClik here to view.
GOLDMAN SACHS PRESIDENT: A teacher told my parents if they were really lucky...
A teacher once told Gary Cohn's parents that if they were lucky, he might grow up to be a truck driver."I was a horrible student," Cohn, the president and COO of Goldman Sachs, told a room full of...
View ArticleClik here to view.
Wall Street banks have been treading water, but that may be about to change
We could soon see a crucial moment on Wall Street when banks that have been struggling since the financial crisis finally find solid footing.Here's why: Heading into first-quarter earnings season on...
View ArticleClik here to view.
JPMorgan BEATS expectations, plans to raise its dividend
JPMorgan Chase, the largest US bank, on Tuesday morning reported earnings for the first quarter of 2015, and it was a beat.The bank also plans to raise its dividend by 10%, to $0.44 cents a...
View ArticleClik here to view.
The Macau bull thesis just died
Officials in the world's largest gambling hub have announced that visitation to the island from mainlanders will be capped at 21 million, according to the Macau Business Daily.This is to "rebalance"...
View ArticleClik here to view.
Wall Street stands to lose a lot with the GE Capital spinoff
General Electric is spinning off its financial services unit, GE Capital, and with it will go a huge chunk of business for Wall Street.The multinational conglomerate had been, until now, Wall Street's...
View ArticleClik here to view.
Hillary Clinton is going after Wall Street
MONTICELLO, Iowa (Reuters) - Democrat Hillary Clinton blasted executive pay and tax rates for hedge-fund managers on Tuesday, using the first stop of her low-key campaign rollout in Iowa to highlight...
View ArticleClik here to view.
A banker is being sued for allegedly renting out his downtown NYC...
An investment banker is being sued by a real estate company for allegedly renting out his rent-stabilized apartment on room-sharing site Airbnb, Observer reports, citing court documents. William Terry...
View ArticleClik here to view.
Jim Cramer is getting married!
CNBC's Jim Cramer is off the market. The "Mad Money" host tweeted that he's getting married again. YES I AM GETTING MARRIED AND I NEVER USE ALL CAPS!!!!! — Jim Cramer (@jimcramer) April 15, 2015 His...
View ArticleCREDIT SUISSE CEO: Here's 'what makes your career move' on Wall Street
Credit Suisse CEO Brady Dougan has had a dynamic career on Wall Street, and in a recent interview with OneWire's Skiddy von Stade, he gave some advice on how young people can do the same."Take...
View ArticleClik here to view.
Elizabeth Warren just laid out all the financial reforms she wants to push...
Elizabeth Warren made a speech at the Levy Institute's Minsky Conference on Wednesday and laid out some major financial reforms she wants to push through. "The culture of cheating on Wall Street didn’t...
View ArticleClik here to view.
Goldman Sachs had a MASSIVE quarter (GS)
Goldman Sachs had a huge quarter, beating analysts' expectations across the board.For the first quarter, adjusted earnings per share came in at $6, according to Bloomberg. Analysts had expected the...
View ArticleClik here to view.
Where Wall Street is hiring and firing in 2015
As Wall Street struggles to appease regulators and repair reputational damage, it’s become clichéd to point to the frenzied recruitment of risk management and compliance staff in investment...
View ArticleClik here to view.
Here's what traders did when the most important machine on Wall Street went down
Bloomberg LP experienced a "significant" unexplained outage of its Bloomberg Terminals on Friday.The outage happened early this morning, so it mostly impacted folks in Europe. A Bloomberg Terminal is a...
View ArticleClik here to view.
The one Bloomberg feature every trader felt lost without
When Bloomberg terminals went down for more than 2 hours on Friday morning, one feature that industry folks particularly missed was the chat tool, known as Instant Bloomberg.More than 315,000 people...
View ArticleClik here to view.
16 ways to crush your summer internship on Wall Street
Congratulations! You've landed yourself an internship on Wall Street this summer.While this is just the very first step to building a career on the Street, the stakes are high – if you play this right,...
View ArticleClik here to view.
'CRYING ON WALL STREET' If Comcast's $45 billion mega-deal falls apart, it's...
Earlier today, news broke that regulators are leaning toward blocking Comcast's $45 billion acquisition of Time Warner.If that happens, expect a lot of "crying on Wall Street,"writes Fox Business's...
View ArticleClik here to view.
Don't panic over Wall Street's 'earnings recession' hysteria
It's April — time for the spring flowers to appear, along with the very first ice cream trucks of the season.And the first batch of corporate earnings statements of 2015, which may be the worst we've...
View ArticleClik here to view.
The big banks on Wall Street have fired 80,000 people in the past 5 years
Wall Street's six biggest banks have cut nearly 80,000 jobs over the past 5 years, according to Bloomberg.The majority of the cuts have come from Bank of America. That's over both the past 5 years and...
View ArticleClik here to view.
JEFF GUNDLACH: When Bill Gross told me he was going to Janus Capital, 'I was...
Bond king Bill Gross suddenly announced last September that he was leaving PIMCO, the firm he cofounded, to join Janus Capital to run a new bond fund.But prior to that event, Gross contacted Gundlach...
View Article