Tom Conheeney, the longtime president of SAC Capital and top lieutenant to founder Steve Cohen, is stepping down Monday from the No. 2 spot at the former hedge fund's successor company, Point72, a company insider said.
Investment managers love bets made by both billionaire activists, according to a new analysis of top hedge fund stock positions.
Women bosses are still earning only three-quarters as much as their male colleagues, meaning they would have to work until they were nearly 80 to catch up with men's lifetime earnings, according to new figures .
The bank where a young intern died after working punishing hours is said to have demanded that current interns take down a Facebook page where they discussed their heavy work schedule.
James Schiro, who led Zurich Financial Services through the credit crisis and became Goldman Sachs' lead independent director, has died. He was 68.
From "talking" cars to self-driving cars, what it means to build, own or simply drive a car will fundamentally change in the next 25 years, says Ford Chairman Bill Ford.
Wall Street banks are drawing up preliminary plans to move some London-based activities to Ireland to address concerns that the UK is drifting apart from the EU.
Professionals are lining up to learn coding as a way to give their careers a new lease of life, with a slew of training companies cropping up to meet a booming interest in programming.
Barclays is poised to be hit with its second fine by British regulators over failures to segregate client assets properly, a setback to Antony Jenkins’s efforts to put the lender’s legal woes behind him, two people with knowledge of the matter said.