Finance

Investments

Retirement-Platform Giant Turns On Private Markets Tap

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Retirement plan provider Empower is making private market investments available to participants with help from some Wall Street titans.

2 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

Private Equity

Private Equity, Sports and Games Sidestep Frozen M&A Pipelines

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Dealmaking among private equity firms and in the sports and video games sectors has gone full steam ahead amid a global M&A freeze.

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

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

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Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.

2 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

Finance

Ken Griffin’s Citadel Securities Has Some Tips for SEC

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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

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