Clik here to view.
The key to scoring your dream Wall Street internship
Wall Street recruiting season is in full swing.Students should have begun perfecting their résumés for investment bank recruiters in September. In October, they will have kicked off informal interviews...
View ArticleClik here to view.
REPORT: Morgan Stanley could fire a quarter of its fixed-income traders
Morgan Stanley is about to make deep cuts to its fixed-income business.That's according to Bloomberg's Ambereen Choudhury, Michael J. Moore and Hugh Son, who report that the cuts will take place over...
View ArticleClik here to view.
A former Wall Street rainmaker says running a bank is a 'breeze' compared...
Compared to running a startup, being Chief Financial Officer of Citigroup or president of the Bank of America's wealth management division is a "breeze."That's according to Sallie Krawcheck, one of the...
View ArticleClik here to view.
An MBA isn't as important as you might think for building a career on Wall...
You might think that holding a Masters of Business Administration, or MBA, is essential to building a career on Wall Street.You would be wrong.It turns out that MBA degrees are very common at the upper...
View ArticleClik here to view.
The CEO of the world's hottest fintech startup is targeting a $30 billion...
SoFi, an online lender based in California, has emerged as a darling of the fintech world.The company raised $1 billion in September, helping establish Mike Cagney's endeavor as one of the best-funded...
View ArticleClik here to view.
The most popular college major for Wall Street
Ever wonder which college major is most likely to get you a job on Wall Street?Business Insider turned to Emolument, a salary benchmarking website that collects self-reported pay data, to find out...
View ArticleClik here to view.
The biggest bank in the US is miffed at the Federal Reserve (WFC)
Wells Fargo, the biggest bank in the US by market capitalization, may have to raise $60 billion in debt to offset potential losses in the event of another financial crisis following a Federal Reserve...
View ArticleClik here to view.
It's just brutal out in the Bakken oil fields right now (CHK, CVX, HES)
It's been a rough year for the energy sector, and investors in two US regions have been feeling the pain more than most.The stocks of oil and gas companies operating in the Bakken and Marcellus-Utica...
View ArticleClik here to view.
Morgan Stanley is pulling a surprise move — and Wall Street loves it (MS)
Morgan Stanley is reportedly planning to fire up to 25% of its bond-trading staff by the end of the year — and Wall Street analysts think it's a great idea.In a note on Monday, UBS analyst Brennan...
View ArticleClik here to view.
There are 2 clear winners on Wall Street — and they're pulling away from the...
There are two clear winners on Wall Street through 2015 so far.JPMorgan and Goldman Sachs lead the pack in global investment-bank revenue across fixed income, equities, and banking for the first nine...
View ArticleClik here to view.
Citigroup's bonus pool for traders and bankers will remain unchanged despite...
(Reuters) - Citigroup plans to keep its bonus pool for traders and bankers unchanged from last year, Bloomberg reported, citing people familiar with the matter.The bank has informed senior managers...
View ArticleClik here to view.
What the smartest minds on Wall Street think you should buy, sell, and better...
The finance industry is full of opinions.To help pick out the signal from the noise, Business Insider decided to reach out to some of the best equity analysts in the US to ask a handful of key...
View ArticleClik here to view.
Wall Street's getting crushed by a form of financial engineering you've...
On August 6, billionaire hedge fund manager Leon Cooperman took the unusual step of dialing into an earnings call for one of his fund's holdings and asking a question.It was a second-quarter earnings...
View ArticleClik here to view.
Uncertainty over consumer demand and global turmoil are slowing business...
CFO Insider is a daily newsletter from Business Insider that delivers the top news and commentary for chief financial officers and other finance experts.Business investment across the US is fizzling...
View ArticleClik here to view.
STARTUP CEO: America's biggest banks are 'vulnerable' and we’re going after...
Mike Cagney, the chief executive of online lending startup SoFi, has America's biggest banks in his sights."I'm sitting here trying to figure out how I go after Wells Fargo, how I go after BofA, how I...
View ArticleClik here to view.
GOLDMAN SACHS: College may not be worth it
Going to college may not be worth it anymore, according to Goldman Sachs. In a research note, Goldman analysts said that the average economic return for going to college is falling.For some, the "cost...
View ArticleClik here to view.
The unofficial Goldman Sachs holiday gift guide for 2015
It’s that time of year again — when children everywhere discover that Santa Claus loves rich kids more. This year, the Neiman Marcus “fantasy gifts” list features a Ford Mustang, apparently for all the...
View ArticleClik here to view.
RAOUL PAL: A key indicator is flashing red ― and it means there's a 65%...
Former global macro fund manager Raoul Pal says there's now a 65% chance of a global recession.In July, Pal predicted that the Institute of Supply Management's (ISM) manufacturing index would break the...
View ArticleClik here to view.
A crackdown on credit-card fees has saved consumers $20 billion
Regulators cracked down on consumer banks' lending practices after the financial crisis, and a report pubslihed Thursday by the Consumer Financial Protection Bureau highlights how much those new...
View ArticleClik here to view.
The market has a $1 trillion problem — and the Fed doesn’t understand it
A storm is coming to the credit markets.Matthew Mish and Stephen Caprio, strategists at UBS, put out a bearish note on Thursday, looking at whether lower-quality, high yield and leveraged loan...
View Article
