Visa has offered $100 million replace Mastercard as the network of choice for Apple’s credit card, according to The Wall Street Journal.
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In times of economic uncertainty — such as high inflation or fears of a recession — some investors follow a literal golden rule: buy it.
The good times, they don’t last. But on Wednesday, we at least found out just how good the good times were.
Wall Street’s panic cycle is retail investors’ opportunity cycle. In other words: the Redditors are at it again.
Analysts said they now expect US investment banking revenue to be flat this year, instead of jumping 32% as predicted previously.
According to Dealogic, just 1,603 deals have been signed this year through Friday, down 19% year-over-year.
Ellevest plans to focus on its private wealth management and financial planning business lines going forward.
Hedge funds are still all in on the AI boom that drove the Magnificent Seven’s gains, they just think it’s creating value elsewhere now.
Punxsutawney Phil may see six more weeks of winter, but hedge funds aren’t waiting to emerge from their bearish slumber.
Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.
The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
The famed Wharton School economist points to sky high valuations and a possible sector rotation.
Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.
A Morgan Stanley partnership with Carta could result in more clients, and more assets, for its advisory business.