Hiring Frenzy in Wake of Volcker Rule
Still traversing the gulf between de-leveraging and investing in its future, Citigroup has taken bold steps to benefit its energy-trading practice.
Still traversing the gulf between de-leveraging and investing in its future, Citigroup has taken bold steps to benefit its energy-trading practice.
For many market observers, the rising number of mergers and acquisitions over the past three months heralds a looming bull market that will gradually take shape over the next year.
As usual, the exchange-traded fund marketplace continues variously to amaze, astound, and confound — sometimes all at once. The product that was designed to simplify investing rolls out new funds and new complexities to go with them. Some key developments worth watching as the week unfolds: ETF Trends: No rainbow, pot of gold in Ireland. [...]
Playing for high stakes, Michael Lewis tossed aside a chest-beating bond sales position at the “Law of the Jungle”-cultured Salomon Brothers for the wilds of financial journalism. He hit the jackpot with his semi-autobiographical novel, “Liar’s Poker, Rising Through the Wreckage of Wall Street,” arriving on bookstore shelves this week on Oct. 1, 1989. Known [...]
The Gordon Gekko redux sequel to the film Wall Street meets the criteria for long-awaited, but apparently many viewers were only waiting to take the film out to the wood shed
The trading week has croaked out its last gasp. But those seeking further adrenaline-goosing stimulation over the weekend will get plenty of it — and maybe even too much — by focusing their cerebration on these brow-knotting developments: The Boston Globe: Colbert at the Capitol: No weirder than real pols. Business Insider: California is broke. [...]
By Ilian Yotov, AllThingsForex With the Fed and the Bank of Japan pondering the need for more stimulus, a sequence of important economic data from the U.S. and Japan will dominate the financial headlines in the week ahead as the markets assess conditions in two of the world’s largest economies. In preparation for the new trading [...]
The Securities and Exchange Commission recently filed a fraud lawsuit against Capital Solutions Monthly Income Fund
“Money Never Sleeps,” the long-awaited sequel to “Wall Street,” is about to open in theaters whether you like it or not.
U.K. regulators have recently agreed with Deputy Prime Minister Nick Clegg’s call for U.K. banks to reduce “sky-high” bonus payouts to their employees, implying that stricter regulation of pay is needed to reduce cowboy-like risk-taking in pursuit of incentives.
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