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Displaying all articles tagged:

Finance

  1. stonks
    How Redditors Beat Hedge Funds at Their Own Game(Stop)Get rich or lol trying.
    By Eric Levitz
  2. finance
    Wall Street’s Millennial Wonder Readies Her Next ActLauren Simmons, the youngest woman ever on the New York Stock Exchange, on her new show, diversity, and the future crash.
    By Eve Peyser
  3. the money game
    What Explains Bitcoin’s Resurgence?Written off for dead by many after falling 90 percent, the cryptocurrency is back at all-time highs. Believe it or not, a lot has changed.
    By Nic Carter
  4. just asking questions
    Jeffrey Gundlach on Recession Odds, Bitcoin, and Why Trump Might Not Run AgainThe bond-market maven expects things to get wild in 2020.
    By Jebediah Reed
  5. the stock market
    Dow Plunges More Than 650 Points, the Worst Christmas Eve Trading Day EverMeanwhile, Trump tweeted attacks on the Fed from the White House.
    By Adam K. Raymond
  6. wall street
    Goldman CEO Is Shocked – Shocked – to Find Fraud Is Going On in HereCEO David Solomon said that he is “personally outraged” over his bank’s role in abetting financial fraud in Malaysia.
    By Eric Levitz
  7. Democrats to Gut Banking Regulations, for Bipartisanship’s SakeIn the Senate, lawmakers put aside their differences, and work together to help banks abuse consumers and jeopardize our financial system.
    By Eric Levitz
  8. Some Wall Street Traders Preparing for ‘Big, Fat Zeroes’ in Bonus SeasonBreak out the tiny violins.
    By Adam K. Raymond
  9. A JPMorgan Banker Plotted to Steal $5 Million to Pay His Gambling DebtsCrime does not pay.
    By Adam K. Raymond
  10. No One Wants to Open an Account at Wells Fargo AnymoreThe bank is signing up fewer customers since its fake-accounts scandal.
    By Adam K. Raymond
  11. finance
    Wells Fargo CEO John Stumpf Steps Down Amid ScandalSenator Elizabeth Warren had called for his resignation.
    By Charley Lanyon
  12. Wells Fargo CEO Forced to Give Up $41 Million for Bank’s ScandalHe’s still very rich.
    By Adam K. Raymond
  13. Former Wells Fargo Employees Say They Were Fired for Whistle-blowing“They ruined my life.”
    By Adam K. Raymond
  14. select all
    Who Needs Bankers When You Have Robots?They have already invaded the market. Their total victory is where things get interesting.
    By David Wallace-Wells
  15. Wells Fargo Blames Employees for Fraud With Senate Hearing a Week AwayElizabeth Warren is going to be angry.
    By Adam K. Raymond
  16. fraud
    Why It’s Unlikely Anyone Will Go to Jail Over Wells Fargo’s Massive Fraud SchemeThe Department of Justice has established a pattern on this sort of thing.
    By Jesse Singal
  17. Wells Fargo Hit With $185 Million in Fines for Years of Screwing CustomersThe bank also fired 5,300 employees.
    By Adam K. Raymond
  18. Stop Making Dudes Named ‘John’ and ‘David’ CEOsAdd up all the women running big companies, and men named John or David still outnumber them.
    By Jaime Fuller
  19. white men with bailout money
    AIG CEO Bob Benmosche Resigns, For Real This TimeThe colorful, self-described “in-your-face” CEO that led the company back from the brink of collapse is retiring.
    By Jessica Pressler
  20. white men with money and spare time
    The Goldman Sachs Elevator Tweeter Never Worked at Goldman SachsHe’s a former bond executive who lives in Texas.
    By Margaret Hartmann
  21. white men with money
    Judge Signs Off on Bank of America’s $8.5 Billion Investor Settlement Which they first agreed to pay over two years ago.
    By Delia Paunescu
  22. Ex-Hedge-Funder Shares ‘Wealth Addiction’ StorySam Polk wants everyone to stop enabling Wall Street money junkies like him.
    By Caroline Bankoff
  23. bain of his existence
    Private Equity Firms Subpoenaed Over Tax ProcessNew York’s attorney general is looking into their use of management fee waivers, which allow income to be taxed at the capital gains rate.
    By Andre Tartar
  24. wall street morality
    Breaking: Wall Street’s Morality Not Spotless*Sirens*
    By Kevin Roose
  25. obits
    Market-Moving Journalist Dan Dorfman Dies at 80Author of New York’s “Bottom Line” column.
    By Andre Tartar
  26. Goldman Sachs Laid Off 50 EmployeesMany were managing directors.
    By Noreen Malone
  27. london whale
    Meet the Man on the Other Side of JPMorgan’s $2 Billion Bad Trade38-year-old hedge-funder Boaz Weinstein.
    By Andre Tartar
  28. wall street
    Ina Drew: JPMorgan’s Sacrificial Ma’amBehind every Wall Street scandal, there’s a female executive to take the fall.
    By Jessica Pressler
  29. jpmorgan chase
    Obama Says JPMorgan ‘One of the Best-Managed Banks There Is’Backhanded compliment?
    By Brett Smiley
  30. white men losing money
    JPMorgan Not Done Answering for $2 Billion LossThe fallout from the $2 billion loss isn’t over yet.
    By Joe Coscarelli
  31. jp morgan chase
    Three JPMorgan Executives to Exit This Week Owing to Massive Loss [Update]They are being held accountable.
    By Brett Smiley
  32. dimonfreude
    Dimonfreude: Jamie Dimon’s $2 Billion Loss Is His Enemies’ GainThe SEC and Carl Levin are the latest to join the JPMorgan pile-on.
    By Jessica Pressler
  33. white men with money
    JPMorgan Embarrassed Over $2 Billion in Losses [Update]“We have egg on our face,” said Jamie Dimon.
    By Adam Pasick
  34. white men with money
    Lloyd Blankfein Graces TV With His PresenceThe Goldman Sachs CEO made a rare appearance on camera today.
    By Joe Coscarelli
  35. missed connections
    Looking for Love (or a Job) at the Goldman Sachs BuildingA job interview turned into a Missed Connection.
    By Joe Coscarelli
  36. real estate
    Want to Buy Vikram Pandit’s Greenwich Home?It’s on the market.
    By Noreen Malone
  37. white men with money
    MF Global Customers Can Get Some of Their Money BackInvestment banks are starting to scoop up claims.
    By Joe Coscarelli
  38. white men with money
    Why Do Wall Streeters Keep Talking to Reporters About How They Don’t Get Paid Enough?It never ends well for them.
    By Noreen Malone
  39. white men with money taken away
    Lloyds Bank to Take Back More Than $1 Million From Executive BonusesLloyds will exercise a “claw back” provision to reach the executive compensation.
    By Brett Smiley
  40. white men with money and health problems
    Investment Banking Is Really Bad for Your HealthEven if it’s good for your ego and pocketbook.
    By Noreen Malone
  41. white men with money
    The SEC Is Looking Into Private EquityLike, the whole industry.
    By Noreen Malone
  42. crimes and misdemeanors
    Rajat Gupta Hit With a Few Additional ChargesThe former Goldman Sachs board member accused of insider trading now faces even more allegations.
    By Joe Coscarelli
  43. finance
    Bank of America Shakes Up Investment Banking DivisionChristian Meissner will take the helm of the global investment banking division.
    By Brett Smiley
  44. white men with money
    Bridgewater, Unlike Other Hedge Funds, Didn’t Have a Terrible YearSize matters?
    By Noreen Malone
  45. white men with money
    Morgan Stanley CEO to Really Unhappy Bonus Whiners: ‘Just Leave’The boss has some realism for those “really unhappy” with lower compensation.
    By Joe Coscarelli
  46. white men with slightly less money
    Bank of America Pay Will Indeed Drop SharplySalary and bonus pay will drop around 25 percent.
    By Joe Coscarelli
  47. white men with money struggling to relate to other white men with money
    Wall Street Is Figuring Out How to Woo Silicon ValleyThere’s a learning curve.
    By Noreen Malone
  48. white men with slightly less money
    Wall Street Bonuses Will Be Way DownAll indications point to the lowest levels of compensation since 2008.
    By Joe Coscarelli
  49. white men with money
    SEC Altering Its Guilt-Evasion RulesCompanies will be held to account a little bit more in future settlements.
    By Joe Coscarelli
  50. credit crunch
    Bank of America Cuts Off Credit to Some Small Businesses The faucet is off for some small businesses.
    By Brett Smiley
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