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Despite the 2008 financial crisis, Wall Street is still full of opportunities for “smart, ambitious, creative” individuals, according to former chief investment officer of Lehman Brother’s Private Equity Division Steven Berkenfeld ’81, who offered students an insider’s view of a Wall Street career on Saturday.
The latest business news, quotes, and market information.
As millions of Americans struggle to hold on to their homes, Wall Street has found a way to make money from the mortgage mess, The New York Times’s Louise Story writes.
Lloyd C. Blankfein , chief executive of Goldman Sachs , the bank to bash on a resurgent Wall Street, is receiving a lot of advice lately, and it’s not just about money, The New York Times’s Graham Bowley writes in the Week in Review.
WASHINGTON — The federal government has decided to abandon a Bush administration plan that would have permitted mutual fund companies and brokerage firms to offer investment advice to 401(k) customers.
Cambodian Prime Minister Hun Sen on Monday met with visiting Singaporean Senior Minister Goh Chok Tong and discussed the updated situation of the country and measures of dealing the global financial crisis, an official to Cambodian Prime Minister said. During the meeting, Hun Sen told Goh that the Cambodian government made the policies to keep the macro-economy stable, and the National Bank of ...
LONDON, Nov 23 (Reuters) - European shares extended gains on Monday after Wall Street opened higher, with remarks by a leading Fed official boosting sentiment. At 1442 GMT, the FTSEurofirst 300 index of top European shares was up 2 percent at 1,022.69 points, and had hit a high for the day of 1,023.31. Banks added most to the index. BNP Paribas, Banco Santander, Barclays and HSBC rose between 2 ...
Nairobi — Kenya is yet to recover from the negative effects of the financial crisis that affected most world economies this year. President Kibaki said even though the country recorded little signs of recovery, it was very much still reeling from the shocks of the global economic instability.
Congress is mad at the Treasury Department and the Fed because they did not make Wall Street absorb its share of losses from insurance giant AIG and other bailouts. As a Monday morning quarterback, Congress is right.
Nov 23 (Reuters) - The following were the top stories in The Wall Street Journal on Monday. Reuters has not verified these stories and does not vouch for their accuracy. * The White House is lukewarm about proposals by congressional Democrats to introduce broad legislation to create jobs, instead favoring targeted measures that would be less likely to inflate the deficit, administration ...
Few in the Square Mile have escaped the financial crisis, but the blow to independent stockbrokers has been particularly painful.
European institutional investors have turned their backs on quantitative strategies since the financial crisis, and most of the largest investors in the region favour a more qualitative approach, according to research published today.
It’s undeniable that Wall Street has a public relations problem, as Goldman Sachs and others have learned all too well since the financial crisis. The New York Times’s Graham Bowley collects some pointers from experts in the spin game.
If Goldman Sachs and JPMorgan hand out enormous bonuses, as planned, it will only enrage Main Street that much more.
Bankers and traders do God's work.
Stocks were set for a higher open Monday, joining overseas markets, as the surge in commodity prices -- including another record for gold -- continued.
Maybe the experts know something we don't know.
