Finance

The bank veteran is known for his Hermès ties, football-coach management style, and relentless drive, Pick's clients and ex-colleagues told Insider.

What might seem to be farfetched tax mitigation tactics are perfectly legal, lawyers and bankers to the wealthy tell Insider.

President Vladimir Putin's regime continues to impose an increasing number of punitive measures on companies trying to exit the Russian market.

BlackRock, which oversees $9.4 trillion, is planning for who will replace founder Larry Fink as CEO. Here's the latest BlackRock news from Insider.

Ihor Kolomoisky is being held for two months on fraud and money laundering charges as part of an anti-corruption drive, Ukraine's security service said.

Andrey Melnichenko berthed a $300 million yacht in the UAE last year after his other $578 million vessel was seized by authorities.

The search for jobs is heating up now that summer is starting to fade. Here are resources to improve your résumé, cover letter, and interview.

Robinhood bought back 55 million shares owned by SBF's Emergent Fidelity Technologies after four parties laid claim to the stock.

We compiled a list of books that Wall Streeters have recommended over the years that have helped them get ahead.

The company put $30 million on the table, but a controversial Texas Two-Step is walling off more than $1 billion in revenue from creditors.

Gorman Nachtigal had a long tenure at Morgan Stanley, where she held tech leadership roles across AI, cybersecurity, and enterprise compute.

After an Insider investigation, three more women have come forward claiming sexual assault or coercion at Arias. The agency also received a surprise visit from regulators.

Congressman Jamie Raskin wants answers about Jared Kushner's $3 billion Saudi-backed fund and his relationship with Crown Prince Mohammed bin Salman.

The Marriott Bonvoy® American Express® Card rewards spending abroad and at home, as well as loyalty to hotels participating in Marriott Bonvoy.

UBS CEO Sergio Ermotti said it will lay off "around 1,000" workers as it integrates Credit Suisse's domestic bank. A further 2,000 cuts will follow.

After economist Neale Mahoney realized he forgot to cancel his Peacock subscription, he got curious about how many people had the same problem.

Single people need an annual paycheck of $112,000 to make a living wage in Hawaii, an analysis by GoBankingRates found.

Online banking allows you to transfer funds, make payments, and even deposit paper checks with your phone or computer.

Interns get face time with Citadel execs during company meals and learn how to craft 60-word emails, per Bloomberg.

The wave of layoffs hitting tech companies and beyond shows no signs of slowing. The latest: Farmers Insurance is cutting 2,400 roles.

Blackstone's push into data centers reflects how it has sought to adapt to a fast-changing market as its giant real estate fund faces pressure.

Vision 2030 is Saudi Arabia's hugely ambitious scheme to reduce its reliance on oil exports and transform its economy, but there's no guarantee of success.

Last fall, BlackRock filed to launch an ESG municipal bond exchange-traded fund. It hasn't launched while ESG has become a flashpoint on Wall Street.

Insider tapped its sources to identify the 13 headhunting firms that aspiring traders and dealmakers should know to get a job on the buy side.

Mortgage lender Better's IPO was a disaster, but CEO Vishal Garg has a plan to turn things around including through strategic acquisitions.

Goldman CEO David Solomon is notoriously anti-remote work, and the company has been pushing for over a year to get employees in the office every day.

"This is about our own mental health, this is about the fact that we are a relationship bank," said the CEO of Bendigo and Adelaide Bank.

Goldman Sachs chiefs are reportedly frustrated by staff who don't follow its five-day-a-week policy. Its the latest sign of a bitter RTO battle among companies.

Ryan Tolkin has had a lifelong relationship with family friend Steven Schonfeld. Now, he's responsible for digging Schonfeld's fund out of a performance rut.

A viral post about couples splitting expenses 50/50 in an unequal pay relationship made me go down a rabbit hole of the agony aunt-killer subreddits.

Two technologists at Citadel break down why reimagining the reference-data platform will impact every person and system at the $59 billion hedge fund.

Leading economists say the threat of recession has passed, but there's a lot of reasons to think the worst is yet to come.

Corizon Health, facing mounting debt, executed a controversial bankruptcy maneuver. Hundreds of prisoner's medical malpractice claims were left in limbo.

The Wall Street legend who called the 2008 crash says the US is entering a stretch of higher inflation and an economic downturn.

Sovereign funds and other investors in Saudi Arabia, UAE, and Qatar are backing media and entertainment companies like Live Nation and WWE.

Four stock-picking PMs have left the hedge fund firm cofounded by Dmitry Balyasny, which is trailing several peers in its 2023 performance.

More than 100 sports-tech mergers and acquisitions were announced in Q2 2023, totaling $14.5 billion in value, according to investment bank Drake Star.

Sales volumes "couldn't be worse," Glenn Kelman told MarketWatch, meaning the only people moving "are the ones who absolutely have to."

Mark Flatman, global head of core product, breaks down recent and upcoming changes to Bloomberg Terminal and its instant messenger.

Predicting the demise of the office is easy; making money off it will be hard. The hedge-fund manager Dan McNamara is taking a three-pronged approach.

Alex Ginsburg, CIO for equities and a 21-year veteran, has taken leave from Two Sigma. His departure comes at a challenging time for the firm.

The People's Bank of China said Friday that new loans reached 345.9 billion yuan in July, less than half of Bloomberg's estimates.

Morgan Stanley advisors must complete a 150-hour program to become a family wealth director and work with clients who have $10 million or more.

Bank of Ireland apologized after a technical glitch let customers with no money in their accounts transfer up to 500 euros.

Explore the world's reclusive rich who take a quiet approach to fame, from disguising themselves to disappearing from public view completely.

Chriss' appointment comes at an important time for PayPal. Shares of PayPal fell about 60% in 2022 amid a broader slump in the fintech market.

Fintechs, welcome to the "new normal," where funding is harder to secure, capital deployments take longer, and investors up their scrutiny.