This is how much you can hope to earn on Wall Street based on your degree
Wall Street professionals come from a variety of college degrees and majors, but there is one degree that's more lucrative than any other.Executive MBA and MBA holders earn the most money of all...
View ArticleThe Dow-DuPont deal is 'Financial Engineering 201'
Chemical companies DuPont and Dow Chemical agreed to combine in a merger of equals on Friday, and Wall Street is reacting to the unusual structure of the deal.Mario Gabelli, the founder and chief...
View ArticleA star Wall Street dealmaker has made a killing on the $130 billion...
A star Wall Street dealmaker just bagged a multimillion-dollar payday on the $130 billion merger of Dow Chemical and DuPont.Michael Klein, who runs Klein & Company, a small boutique advisory firm,...
View ArticleChina just dropped a hint about the next massive change for its currency
China's Central Bank suggested in an editorial on Friday that it may be time to de-peg the yuan from the dollar, and instead peg it to a basket of currencies, The Wall Street Journal reports.The...
View ArticleThe CEO of the hottest fintech startup talks expansion plans, the checking...
Mike Cagney, the CEO of fintech startup SoFi, wants to lend you money, and he couldn't care less what your credit score is."We ignore FICO as an input because it’s just not meaningful," he told...
View ArticleOne of the greatest NFL quarterbacks is closing in on a venture-capital fund
One of the NFL's greatest quarterbacks is closing in on a new milestone.San Francisco 49ers legend Joe Montana is pushing toward a close on a $25 million venture-capital fund, Liquid 2 Ventures, a...
View ArticleThe investor leading the deal for Keurig is quietly building a coffee empire...
The investor group that runs the biggest pure-play coffee company in the world just extended its reach.JAB Holdings and its partners are spending $13.9 billion to buy home-brewing coffee company Keurig...
View ArticleTesla doesn't care about making money on its cars, and its shareholders need...
Tesla shares have been on an impressive run since the company's IPO, up over 1,000% and topping out in September of last year near $300. The biggest Tesla bulls on Wall Street think that the automaker...
View ArticleThere is one debate dominating Wall Street ― and nobody has the answer (JPM,...
Wall Street is pretty much in agreement that the Federal Reserve will lift interest rates on December 16. What isn't clear is what that will mean for competition for consumer deposits. Put another way,...
View ArticleThese are the biggest lies on Wall Street
There was a great interview this week between Quartz’s Matt Phillips and The Wall Street Journal’s Jason Zweig. Phillips asked Zweig about risk in the stock market and the need for higher returns by...
View ArticleThird Avenue's CEO departs after liquidating high yield bond fund and isn't...
On Thursday, Third Avenue Management's CEO David Barse wrote to the fund's shareholders that the firm was shuttering its embattled Focused Credit Fund. The letter said the fund plans to liquidate its...
View ArticleWall Street is throwing around scary words about a once booming business
Wall Street's freaking out.The market for high-yield bonds and the closure of the Third Avenue Focused Credit fund is, depending on who you ask, historic, scary, a keg of dynamite, full of land mines...
View ArticleWall Street stands to make billions when Janet Yellen starts hiking rates...
For at least one part of the banking business, good news is finally around the corner.When the Federal Reserve increases interest rates — which it is expected to do starting this week — lending...
View ArticleIt is going to be even worse than we thought on Wall Street
Some of Wall Street's most senior bankers lined up last week to issue a grim forecast: Trading revenues in the last three months of the year would be down by double-digits.Those predictions are already...
View ArticleBAML: 'It's death by a thousand paper cuts'
The high-yield market is in the midst of a meltdown.The sell-off accelerated late last week, when the closure of the Third Avenue Focused Credit fund spooked the market.It continued into Monday, with...
View ArticleValeant just picked up a key new partner and the stock is going off like a...
Valeant is finally getting some good news to close out the year. The specialty pharmaceutical and device company has struck a deal with Walgreens that will extend Valeant's distribution reach into the...
View Article'The risk is you see an old fashioned credit crunch'
A sharp sell-off in the high-yield market has got a lot of people very worried.The market for risky debt has been weak since summer, but the sell-off accelerated late last week, when the closure of the...
View ArticleGoldman Sachs just made a round of promotions in its record-breaking M&A...
Goldman Sachs just made a handful of promotions in its mergers and acquisitions business.The Wall Street firm promoted four bankers — Stephan Feldgoise, Matt McClure, Mark Sorrell, and John Vaske — to...
View ArticleJefferies got hammered again ― and lost money trading on 23 out of 63 days...
Investment bank Jefferies has reported earnings for its fourth quarter, and the numbers are not pretty.The firm reported net earnings of $25 million for the quarter ended November 30. That is up on the...
View Article10 incredible bottles of whiskey that make the perfect gift
Finding the perfect gift for that special someone can be tough. Unless they drink whiskey. In which case you've come to the right place.Business Insider has spent some of the past year sampling,...
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