Finance

Finance

Ken Griffin’s Citadel Securities Has Some Tips for SEC

Photo by Krblokhin via iStock

Top of the list is a warning over the rise of 24-hour trading, just as the Nasdaq and the New York Stock Exchange pursue it.

1 min read

(Photo by Connor Lin/The Daily Upside)

Banking

Goldman Sachs Sees Profits Plummets Amid Consumer Pivot

Goldman Sachs saw its profits slump 33% in its latest quarter, as the bank continues retreating from the consumer banking sector.

2 min read
(Photo Credit: Joshue Hoehne/Unsplash)

Personal Finance

Hiring Slowdowns Have MBA Grads Scrambling for a Plan B

With economic uncertainty looming over the finance industry, a handful of the most popular firms have cut back their MBA hiring efforts.

2 min read
(Photo Credit: Viktor Bystrov/Unsplash)

Finance

Carl Icahn’s Big Bet Against Shopping Malls Hasn’t Exactly Worked Out

Wall Street legend Carl Icahn bet big and — so far — has lost big on a wager against US shopping malls by way of a risky derivative strategy.

2 min read

Finance

Buffett’s $300B Cash Pile, Fed by Apple, Spurs Investment Guessing Game

Photo by The White House via Public Domain Mark 1.0

Buffett acolytes are primed to be receptive to new ideas after Berkshire’s more contrarian bets over the last decade have proven prescient.

2 min read

SBF trial, Caroline Ellison

OP-ED | Power Corridor

Multibillion-Dollar Trial Not Going So Well for Sam Bankman-Fried

Star witness and Sam Bankman-Fried’s former girlfriend of Sam Bankman-Fried, Caroline Ellison, says he directed the crimes.

2 min read
(Photo by Anders J on Unsplash)

Finance

Investment Funds Can’t Quit Climate Change

Despite conservative disdain for ESG initiatives, one research project found climate change remains a chief concern for asset managers.

1 min read
“Photo by Steve Jurvetson under CC BY 2.0”

Power Corridor

Life After Epstein at America’s Top Bank

JP Morgan, the largest bank in America, with more than $3 trillion in assets, settles all Epstein lawsuits.

5 min read

Finance

Why Stock Exchanges Want a Piece of Texas, ‘The Wall Street of the South’

Photo illustration by Connor Lin / The Daily Upside, Photos by Andrey Krav via iStock and Muhammad Abdullah via Freepik

5 min read

(Photo by Towfiqu Barbhuiya on Unsplash)

Healthcare

Pharma Giants Combine Forces to Fight New M&A Rules

Some of pharma’s biggest players — including Merck, Amgen, Abbvie, and Gilead — formed an alliance to fight looming M&A reforms.

2 min read
Photo by Cointelegraph under CC BY 3.0

Power Corridor

How Much Did SBF’s Parents Know?

Sam Bankman-Fried’s trial is shaping up to be one of the biggest show trials on Wall Street since Bernie Madoff. Did SBF’s parents know?

4 min read
Photo by Martin Ceralde on Unsplash

OP-ED | Power Corridor

Wall Street’s Top Banks Fined $53 Million in Regulatory Spanking

Wall Street’s Top Banks Fined – CFTC ordered Goldman to pay $30 million, JP Morgan $15 million, and Bank of America $8 million.

2 min read

Economics

Dollar Takes a Bruising From Trump’s Jabs at Fed Chair

Photo by Planet Volumes via Unsplash

The US dollar hit a three year low against a basket of currencies Monday, highlighting investor concerns about US assets.

2 min read

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