It's difficult to stay on top.
Nearly any way you look at it – stock performance, revenue, share in businesses from deposits to bond trading, Jamie Dimon has outdone his rivals among big U.S. banks.
The crisis profoundly affected stock trading, hurting some trading businesses while dramatically helping others. It accelerated some trends and stopped others in their tracks.
Warren Buffett says “a disproportionately low number of people” from Wall Street have committed to the Giving Pledge.
Whether cryptocurrencies and the technology that powers them will reshape the financial system remains to be seen. What’s not in doubt is their ability to transform the career paths of bright young minds on Wall Street.
The investment banking industry eliminated 6,000 employees in the first quarter, according to financial research firm Coalition.
J.P. Morgan Chase, the world’s biggest investment bank by revenue, has created a new management team to help it better serve Wall Street clients who increasingly want to trade with algorithms through electronic platforms.
Deutsche Bank is literally leaving Wall Street, moving its New York headquarters to midtown Manhattan as the German investment bank embarks on a broad shakeup of its U.S. operations.
It’s part of a trend as firms in New York look to lower costs
CEO of Japanese online broker, and former Goldman Sachs trader, says cryptocurrencies will catch on, just like derivatives did in the 1980s.
J.P. Morgan and Goldman have been going head-to-head in arenas hundreds of miles from Wall Street. It's part of a broader push for fees and bragging rights among banks as deal activity in North America surged 53 percent to a near-record $1.43 trillion this year
Wall Street pours billions of dollars into technology every year, looking for ways to replace many of its money managers, research analysts, and traders with machines.
The agency wants to abolish the practice of ETFs updating their net asset values every 15 seconds, something the industry says is cumbersome and often inaccurate.