Wall Street

Advisor Upside

AI’s Coming for Wall Street Jobs

Photo by Jake Walker via Unsplash

Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.

2 min read

Photo by Anthony Quintano via CC BY 2.0

OP-ED | Advisor Upside

Allan Roth: Lessons from a Surprising 2024

The popular author and financial advisor weighs in on major market trends of last year, and takes a (speculative) peek ahead.

4 min read
Photo by Asael Peña via Unsplash

Regulation

Driving Into Manhattan to Get to Wall Street Now Costs $9

People who work on Wall Street face a more quotidian challenge starting this morning: getting there, thanks to New York’s congestion pricing.

2 min read
Photo by David Vives via Unsplash

Private Equity

Will Private Equity Fuel a Big Year for IPOs?

As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.

2 min read

International Economics

Increased Geopolitical Tensions Are Taking a Toll on Global Companies

Photo by Albin Berlin via Pexels

With military conflict continuing across the globe, and the world’s superpowers locked in a stare-down, it’s not easy being a global business

2 min read

Photo by The Drink via Unsplash

Banking

Winner of 2024: Investment Bankers

As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.

2 min read
Photo by Ryan Brooklyn via Unsplash

Advisor Upside

Wall Street’s Hush-Hush Cash Sweeps Take Center Stage

High-profile lawsuits and SEC investigations over cash sweeps have taken the industry by storm.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

Photo by Daniel X. O’Neil via CC BY 2.0

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read

Hedge Funds

Archegos’ Hwang Sentenced to 18 Years For Gargantuan Fraud That Walloped Wall Street

Photo via Connor Lin / The Daily Upside

Hwang’s sentencing bookends a dramatic saga that began with the shock implosion of his firm that cost Wall Street billions.

2 min read