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20 startups out to create a new world order on Wall Street (GS, CS, JPM)
There is a new world order coming to Wall Street.Startups are taking on the financial sector. Some of the companies look to usurp traditional players, and others step into the gaps they've left...
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Finance startups are targeting big banks' top talent (JPM, WFC, GS, DB, AXP)
Startups looking to chip into big banks’ top lines have to employ more than entrepreneurs’ ingenuity in order to overthrow the old guard of Wall Street. Specifically, they’ve been snapping up executive...
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One of the richest men in the world is backing a startup that ranks Wall...
The ability to generate conclusions about hedge fund managers’ behavior could be the tipping point for whether big investors double down in hard times or call for redemption. Picking billion-dollar...
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50 Cent is the Lehman Brothers of hip-hop
Let’s get the obvious comparison out of the way first. Both Dick Fuld, the former CEO of Lehman Brothers, and 50 Cent left some folks who had key financial relationships with them feeling very...
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Forget about 'beats' and 'misses' when it comes to quarterly earnings
It’s time to break free of the “tyranny” of “quarterly capitalism”, Hillary Clinton proclaimed in an economic stump speech on Friday afternoon at New York University.Translation? The Democratic Party’s...
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The interns Goldman Sachs is choosing to show off says a lot about the bank's...
Over the past two weeks Goldman Sachs published blog posts by eight different interns detailing their first impressions of the investment bank. The posts set out some of the interns' experiences over...
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The messaging tool out to crush Bloomberg is raising money at $1 billion...
The messaging product that's out to claim market share from Bloomberg is raising new money, The Wall Street Journal reports. Symphony Communication Services is raising an unspecified amount of cash at...
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One company has become Wall Street's money tree
Pharmaceutical giant Teva agreed to buy Allergan's generic drug arm for about $40.5 billion on Monday.That should cement the Israel-based company's position as the top generic drugmaker in the world.It...
View ArticleHere's why billionaire fund manager Leon Cooperman thinks the MBA is worth it
When presented with the age old question — which is more worth it, the MBA or the CFA — Leon Cooperman, the famed CEO of Omega Advisors, didn't skip a beat."In my case, the MBA," he said.Cooperman sat...
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Rival rips Hillary Clinton for her 'closeness with big banks on Wall Street'
Former Maryland Gov. Martin O'Malley (D) took a shot at Hillary Clinton for her "closeness with big banks on Wall Street" in an interview with New Hampshire radio station WKXL on Sunday.O'Malley has...
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Morgan Stanley CEO James Gorman invited summer interns to stop by and chat —...
What's it like to chat with Morgan Stanley CEO James Gorman?"He smells bulls--- from miles away."That's according to a summer intern who got to sit down with the chief executive in his midtown...
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Wall Street's former Queen of commodities just made her pitch for why Bitcoin...
Bitcoin technology could reshape the way financial markets operate.That is according to Blythe Master, the chief executive of Digital Asset Holdings, and one of the biggest names in the...
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Media companies are banding together with Wall Street to take on one of the...
An alliance of banks and media companies is forming to take on Bloomberg's dominance of Wall Street's technology infrastructure in more ways than one.Thomson Reuters, the news and data company, has...
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The latest results for Wall Street's most brutal exam are in
The results for two levels of Wall Street's hardest exam are in, and as usual, most of you failed.Here's the rundown:June 2015 exam pass ratesLevel I: 42%Level II: 46%Level III: Available on August...
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Wall Street will be surprised to hear what New York's ex-banking regulator...
The former top cop regulating the New York banking scene just gave his public opinion of regulators. Wall Street might be surprised to hear what he's saying.Benjamin Lawsky used to head up New York's...
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Wall Street's trading interns don't have time to use the restroom
Wall Street investment banking interns have notoriously tough jobs. The hours are long and the work is grueling and uninspiring.But it turns out that interns in the sales and trading divisions of Wall...
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Barclays posts better results right after firing its CEO
London (AFP) - Barclays increased net profits by 43 percent in the first half as cost-cutting and higher revenue offset provisions for settling a series of scandals, the troubled British bank announced...
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Obama told to treat Congress like children
Multibillionaire and former New York City mayor Michael Bloomberg has some advice for the president when it comes to dealing with Congress."You trade, you bribe, you threaten, you cajole — you do all...
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Michael Bloomberg tells Lloyd Blankfein: 'Bankers have been hated since...
Wall Street may never be able to change its public image.That is according to multibillionaire business magnate Michael Bloomberg."We've been throwing the money changers out of the temples since Jesus'...
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A small group of anxious CFA candidates got to see their 'unconfirmed'...
Anxious Chartered Financial Analyst candidates waiting for news on their Level I and Level II exams received their scheduled results on Tuesday. A small group of Level III test-takers also accidentally...
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