Finance

Exclusive news, analysis and commentary on all things Wall Street, from banking and markets to private equity and hedge funds.

Regulation

Lina Khan’s Square Deal: How the FTC is redefining antitrust for a populist age

Photo by New America via CC BY 2.0

After a lengthy process, the FTC and the DoJ recently released new guidelines for evaluating the legality of mergers and acquisitions.

5 min read
M&A

Dealmakers Fall Short of Decade-long Standard

Photo by Minh Nguyen via CC BY-SA 4.0

For the first time in exactly 10 years, Wall Street dealmakers will fall short of facilitating at least $3 trillion worth of deals.

1 min read
Banking

Big Banks Rethink Business Divisions New and Old

Photo by Minh Nguyen via CC BY-SA 4.0

1 min read
Personal Finance

More Americans Than Ever Own Stocks

Photo by Jason Briscoe via Unsplash

In 2022, 58% of Americans held stocks, according to a recent poll from the Federal Reserve. It’s the highest mark ever.

1 min read
Industrials

US Steel Gets a Big Buyout, But Not Everyone’s a Fan

Photo by Roy Luck via CC BY 2.0

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.

2 min read
Media & Entertainment

Legendary Short Seller Sees DraftKings as a Betting Favorite

Photo by Chad Davis via CC BY 2.0

Jim Chanos admits he completely missed the point about sports gambling in America. Nobody cares how much they lose.

1 min read
Finance

Consumers Turn to Buy Now, Pay Later to Avoid Further Credit Damage

Photo by Patrick Tomasso via Unsplash

Many people are using buy now, pay later (BNPL) options to circumvent more rigid aspects of credit cards, The Wall Street Journal reported.

2 min read
Banking

Wall Street Takes Back Equity Underwriting Top Spots

Photo by Sam Valadi via CC BY 2.0

American firms like Goldman Sachs and JPMorgan have clawed their way back to the top of the global equity underwriting rankings.

1 min read
Real Estate

Wyndham Hotels Faces Hostile Takeover Campaign from Choice Hotels

Photo by Harrison Keely via CC BY 4.0

After numerous failed attempts at a friendly merger, Choice Hotels has launched a hostile takeover campaign for Wyndham.

1 min read
Hedge Funds

Hedge Funds are Pushing Back on SEC’s Short-Selling Rules

Photo by APK via CC BY-SA 3.0

Industry groups representing a coalition of hedge funds havefiled a lawsuit seeking to challenge short selling rules implemented by the SEC.

1 min read
M&A

Occidental Petroleum Makes a Play for the Permian Basin

Photo by David Thielen via Unsplash

Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it is acquiring CrownRock in a deal worth $12 billion.

1 min read
M&A

Cigna and Humana Call Off Their Merger

Photo via Connor Lin / The Daily Upside

Following merger discussions two weeks ago, Humana and Cigna are walking away from what would’ve been the largest deal of the year.

1 min read
Artificial Intelligence

The SEC Probes AI Use at Investment Advisory Firms

Photo by APK via CC BY-SA 3.0

As the world of high finance ushers in an era of AI, the SEC has begun investigating how investment advisory firms use the technology.

2 min read
Patent Drop

JPMorgan Chase Could Keep a Closer Eye on Scope Three Emissions

Photo by Gideon Benari via CC BY 2.0

JPMorgan Chase may be looking to track its ESG investments down to the letter.

2 min read
Regulation

Washington Wants More Rules, Bankers Have Concerns

Photo by Ian Hutchinson via Unsplash

Top bosses from eight major financial institutions appeared before a Senate committee to give their opinion on looming banking reforms.

2 min read
Regulation

The FTC Starts Probe of Exxon’s Pioneer Acquisition

Photo by Raymond Kotewicz via Unsplash

Exxon’s $60 billion planned acquisition of Pioneer Natural Resources has attracted the attention of the Federal Trade Commission.

1 min read
M&A

Roche Elbows into Weight-Loss Drug Market Via M&A

Photo by Andres Ayrton via Pexels

Roche agreed Monday to acquire anti-obesity drug developer Carmot Therapeutics for an appetizing $3.1 billion.

2 min read
Healthcare

Cigna, Humana Eyeing a Merger

Photo via Connor Lin / The Daily Upside

In a bid to scale up against larger rivals, health insurance players Cigna and Humana are reportedly in talks over a possible merger.

1 min read
Banking

Barclays Wants to Ditch Thousands of its Clients

Photo by Tdorante10 via CC BY-SA 4.0

Barclays is considering a Marie Kondo approach to its investment banking business, potentially dropping thousands of clients.

2 min read
Finance

Wall Street is Pricing in Interest Rate Cuts

(Photo by lo lo on Unsplash)

Increasingly, Wall Street thinks we see rate cuts soon, according to a Wall Street Journal analysis published Monday.

2 min read