Exclusive news, analysis and commentary on all things Wall Street, from banking and markets to private equity and hedge funds.
The lenders that survived last spring’s crisis throughout the industry are flush, but are still shy about spending.
The asset manager’s rival Vanguard has captured investors’ recent interest in embracing cheap broad-market index funds.
Why it’s still a tightrope-walk to an economic soft landing.
As 2023 wound to a close, major law firms across the US doled out hefty bonuses and annual raises, according to the Financial Times.
After a lengthy process, the FTC and the DoJ recently released new guidelines for evaluating the legality of mergers and acquisitions.
For the first time in exactly 10 years, Wall Street dealmakers will fall short of facilitating at least $3 trillion worth of deals.
In 2022, 58% of Americans held stocks, according to a recent poll from the Federal Reserve. It’s the highest mark ever.
Once the world’s largest corporation, US Steel agreed to sell itself to Japan’s Nippon Steel for just over $14 billion in a deal.
Jim Chanos admits he completely missed the point about sports gambling in America. Nobody cares how much they lose.
Many people are using buy now, pay later (BNPL) options to circumvent more rigid aspects of credit cards, The Wall Street Journal reported.
American firms like Goldman Sachs and JPMorgan have clawed their way back to the top of the global equity underwriting rankings.
After numerous failed attempts at a friendly merger, Choice Hotels has launched a hostile takeover campaign for Wyndham.
Industry groups representing a coalition of hedge funds havefiled a lawsuit seeking to challenge short selling rules implemented by the SEC.
Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it is acquiring CrownRock in a deal worth $12 billion.
Following merger discussions two weeks ago, Humana and Cigna are walking away from what would’ve been the largest deal of the year.
As the world of high finance ushers in an era of AI, the SEC has begun investigating how investment advisory firms use the technology.
JPMorgan Chase may be looking to track its ESG investments down to the letter.
Top bosses from eight major financial institutions appeared before a Senate committee to give their opinion on looming banking reforms.
Exxon’s $60 billion planned acquisition of Pioneer Natural Resources has attracted the attention of the Federal Trade Commission.