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Morgan Stanley in upside surprise

Morgan Stanley building

Morgan Stanley reported profit that beat analysts’ estimates as a surprise jump in fixed-income results helped the firm post the only increase in trading revenue among the six biggest U.S. firms this year.

Michael Lewis: 'Wall Street has gone insane'

Michael Lewis - Flash Boys

On a sliding scale of difficulty, writing a general-interest book about high-frequency trading is slightly harder than making baseball statistics interesting, but easier than animating the role played by quantitive analysis in the 2007 financial collapse.



Rajat Gupta

People News - C Suisse, Goldman

Chris Callahan, Credit Suisse’s head of trading for commercial mortgage bonds and collateralized loan obligations, left the bank at the end of last week, he said.

Pimco Logo

Pimco sees fund rise after Gross exit

Investors who pulled an estimated $52.7bn from the Pimco Total Return Fund this year may feel like freeway drivers who changed lanes only to see themselves falling behind traffic.