wall street
Wall Street bonuses expected to surge this year — here's which bankers will benefit most
Wall Street firms are expected to hand out bigger bonuses this year as investment banking, equity markets and fixed income trading make major rebounds, a survey showed.
Robinhood warns feds could penalize firm over crypto tokens traded on platform
The SEC has adopted a tough stance toward the digital currency industry, arguing most cryptocurrency tokens are securities and subject to its registration rules, while crypto firms have accused it...
Higher education’s descent into chaos with anti-Israel protests leads to the question — who is behind this mass indoctrination?
For every billionaire Ivy League grads thoroughly disgusted with what their contributions to Columbia, Penn and Harvard have financed — too many others continue to throw their money at these...
Federal Reserve expected to hold interest rates steady amid high inflation
Wall Street traders now envision just a single rate cut this year to the Fed’s benchmark rate, now at a 23-year high of 5.3%.
'Fearless Girl' sculptor, State Street settle lawsuit over sale of replicas
State Street sued Visbal in February 2019, saying her replicas undermined its message that responsible companies support gender diversity, and female leaders help them perform better.
Lawmakers want to ban Wall Street from buying up more single-family homes across the US
Democrats in the Senate and House have reportedly sponsored legislation which would force large owners of single-family residences to sell their swath of homes to family buyers.
Billionaires race to buy TikTok after Chinese owners ordered to sell app — with Steve Mnuchin in the lead
These Wall Street and tech titans need more than likes to get control of the app.
Ivy League grads face risk of losing prized jobs after schools allow antisemitic protests to fester: Wall Street titan
“We’ve always looked beyond the target schools but we’re doing it even more so now given recent events,” activist investor Dan Loeb told the Post.
Goldman Sachs shareholders reject pressure to split David Solomon's CEO, chair roles
At Goldman's annual shareholder meeting, the proposal by the conservative-leaning National Legal and Policy Center garnered 33% of shareholder votes, according to a preliminary tally, compared with 16% last year.
Tesla stock soars 12% after Elon Musk promises affordable EV
Musk's announcement was aimed at calming nervous investors on Wall Street who were still trying to digest the company's most recent earnings report.
Jamie Dimon says US economy is 'unbelievable' and booming
Still, he reiterated caution about the potential economic impact of deficit spending, inflation and geopolitical conflicts.
BlackRock, Wall Street firms reportedly steered billions to blacklisted Chinese companies
The House Select Committee on the Chinese Communist Party concluded that through investments in index funds, American financial institutions funneled $6.5 billion last year to some 63 Chinese companies flagged...
Morgan Stanley stock soars after blowout first-quarter earnings under new CEO
Investors on Wall Street were bullish on Morgan Stanley after the banking giant reported first-quarter profits that blew away analyst forecasts.
Goldman Sachs reports surprise profit surge thanks to strong trading, dealmaking
Goldman Sachs recorded a 28% surge in quarterly profits -- topping Wall Street's expectations thanks to surprising strength in the bank's trading and investment banking operations. The Wall Street giant...
Izzy Englander's hedge fund sued by rival who claims trade secrets were stolen
Jane Street said the traders had been "intimately" involved in developing the strategy before resigning separately to join Millennium in February.
Jamie Dimon again warns about 'uncertain' year ahead as JPMorgan profit rises
JPMorgan, the nation’s largest bank, earned a profit of $13.42 billion. Wells Fargo and Citigroup earnings declined.
Goldman Sachs loses another top exec
Goldman CEO David Solomon named Carey Halio as the investment bank's new treasurer -- replacing Philip Berlinski, who departs after 24 years at the Wall Street giant.
Morgan Stanley's wealth management arm probed by multiple agencies including SEC: report
The Securities and Exchange Commission, the Office of the Comptroller of the Currency and other Treasury Department offices are reportedly involved.
JPMorgan Chase names potential successors to CEO Jamie Dimon
The board of directors at JPMorgan Chase said a top priority for the bank is to “plan for an orderly CEO transition in the medium term.”
Jamie Dimon warns interest rates could soar above 8%, throws doubt on 'soft landing'
JPMorgan Chase chief Jamie Dimon warned that US interest rates could surge to more than 8% in the coming years as record US debt and ongoing international conflicts complicate the...