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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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How America's biggest companies are intimately interconnected (axp, ibm, ba,...

What do Ronald Williams, Jim McNerney, and Kenneth Chenault have in common? They are the three most popular board directors at the 30 companies that make up the Dow Jones Industrial Average. RJ...

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Here are some incredible toys hedge fund boss Steve Cohen has bought with his...

SAC Capital founder Steve Cohen has an estimated net worth of more than $11 billion. These are some of the incredible things he does with all that money.  Produced by Eames YatesFollow BI Video: On...

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Rick Perry is sounding a lot like Wall Street's #1 enemy

Rick Perry bashed Wall Street with the fury of a thousand Elizabeth Warren's on Wednesday.But sounding like The Street's worst enemy likely won't stop him from raising cash from the industry. What will...

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There's a whole hierarchy to dressing on Wall Street

For the most part, you can tell how senior a banker is just by looking at them.But you need to know what to look for."Banking is such a particular and exclusive culture that it's very common to spot...

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We asked the man behind @GSElevator 19 questions about deviance, debauchery...

Editors note: We sent John LeFevre, aka @GSElevator, a list of questions about his new book Straight To Hell: True Tales of Deviance, Debauchery, And Billion-Dollar Deals. Here are his answers.Some...

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Now Deutsche Bank is freezing executive bonuses

Deutsche Bank is planning to freeze bonuses for all management board members, reports Reuters' Kathrin Jones.The freeze is reportedly being enacted while a German regulator investigates the bank's role...

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It looks as if Chris Christie's got himself another billionaire

Steve Cohen, the billionaire hedge fund manager and founder of Point72 Asset Management, has donated $1 million to the "super PAC" supporting New Jersey Gov. Chris Christie (R), according to government...

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Rick Perry's Wall Street reform plan is a good step for 2016 candidates

Rick Perry has a financial reform agenda (via The Hill):"Former Texas Governor Rick Perry is taking a position to Hillary Clinton’s left on financial reform, and pushing for a policy to break up big...

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Private equity is finally getting ready to cash in (kkr)

In July, three companies that were targets of some of the largest ever leveraged buyouts — Univision, the Spanish-language broadcaster; technology company First Data; and supermarket Albertsons — filed...

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Goldman raises top end of legal-loss estimate

(Reuters) - Goldman Sachs Group Inc raised the top end of the range for possible legal losses to about $5.9 billion, the bank said in a regulatory filing on Monday.In May, the Wall Street bank...

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This ‘Wall Street training’ course bundle will help get your finance career...

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships so we may get a share of the revenue from your purchase.Finance isn't the most welcoming...

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Top Wall Street analyst goes off on BAML CEO plan (bac, gs, jpm, usb)

Bank of America is pitching a shareholder vote on combining the chief executive and chairman post.Mike Mayo, a banks analyst with CLSA and a leading voice on Wall Street, hates the idea. The bank...

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The US Treasury still doesn't know what is going on in the world's biggest...

Treasury counselor Antonio Weiss says the October 15 2014 bond market flash crash could happen again.The sharp sell-off and rebound rocked the US Treasury market, the biggest and most liquid bond...

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What Wall Street thinks about how Obama wants to tackle climate change

President Obama announced a major plan to tackle climate change on Monday. It involves carbon-emission reductions and incentive programs for states to invest in renewable energy sources, like solar...

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The DOJ is launching a criminal probe into trades Deutsche Bank made for...

(Reuters) - The United States Department of Justice is investigating trades worth billions of dollars that Germany's Deutsche Bank AG made on behalf of its Russian clients, Bloomberg reported, citing...

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There's one thing that every successful woman on Wall Street has had to master

When muni bond scion Alexandra Lebenthal was a little girl, her father would take her to visit her grandmother at her office in Lower Manhattan."The Statue of Liberty was right outside of her window,...

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See if you can answer this classic brainteaser you might be asked in a Wall...

When interviewing on Wall Street, job seekers often come up against questions that could shock even the most knowledgeable candidate.This classic, however, has been asked so many times by companies...

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