Real estate industry mourns, grapples with questions about the future of office security
4 min read
Jain Global by the numbers: A look at the hedge fund's rollercoaster first year
Bobby Jain debuted one of the most complex and ambitious hedge fund launches ever. BI dug into the numbers behind its first year in business.
4 min read
What it's like to intern at Goldman's sales and trading division during a record-breaking year
Goldman partner Jennifer Roth and intern Steven Henry share what it's like to spend the summer on one of the busiest trading floors on Wall Street.
5 min read
How to turn Reddit hype into real dollars, as meme-stock mania returns to markets
Opendoor, Kohl's, and Wendy's are among the new crop of meme stocks, giving their bosses a chance to turn good vibes into cash.
3 min read
Here's why Meta CEO Mark Zuckerberg says the company has 'all the ingredients' to build superintelligence
Meta CEO Mark Zuckerberg gave details about its new superintelligence strategy as the company pours billions into data centers and talent.
2 min read
7 easy steps that can help to build your credit while earning rewards
Learn to build your credit effectively with Navy Federal's cashRewards Secured card.
5 min read
Wesley LePatner, killed in the Park Avenue shooting, was a 'tremendous talent' at Blackstone known for championing women
Wesley LePatner was Blackstone's head of real estate and CEO of an evergreen real estate fund. She was a victim of Monday's NYC shooting.
5 min read
Corporate America is on edge and hiring armed guards after the NYC office shooting
Corporate America is racing to boost security and reassure employees after a shooting left a top Blackstone exec dead, along with four others.
5 min read
After struggling to pay my bills for months, I used ChatGPT to help me budget. I finally feel in control of my finances.
After struggling to gain control of my finances, I used ChatGPT to create a budget. I feel more financially stable and haven't overdrafted my account.
4 min read
Exclusive
Eyeing expansion, Schonfeld taps BlueCrest executive for new C-suite role
Michael Grad, BlueCrest's head of business development since 2017, is taking a top role at Schonfeld.
2 min read
What 6 Citadel Securities leaders are reading (or listening to) this summer
Citadel Securities execs get philosophical this summer, exploring AI's future, the arc of histories, and how not to die.
4 min read
Behind Michael Gelband and $11 billion hedge fund ExodusPoint's strong year
The $11 billion firm has outperformed peers and living up to the promise of its record-setting launch.
3 min read
Everything we know about how Wall Street banks are embracing AI
JPMorgan, Citi, and Goldman Sachs are investing heavily in AI technology to transform operations, enhance productivity, and stay competitive.
6 min read
I sat in on an AI training session at KPMG. It was almost like being back at journalism school.
Upskilling for the AI era can be surprisingly basic. Here are some of the tips that KPMG is teaching its new generation of workers.
5 min read
Real estate tycoon Jeff Greene talks about the 'tough balancing act' of raising kids as a billionaire
Jeff Greene, a real estate billionaire, spoke to BI about how he's raising kids as a wealthy parent, his path to success, and his work-life balance.
4 min read
Quants are getting pummeled. Some execs say they know why.
Computer-driven hedge funds like Qube and Point72's Cubist have posted losses. Executives and experts have theories on why.
7 min read
Morgan Stanley's Regina Savage, who helped take Rivian public, on how to stand out on Wall Street
Regina Savage, a top investment banker at Morgan Stanley, shares her advice for interns and aspiring rainmakers as return-offer season looms.
5 min read
Know an up-and-coming trader, investor, or dealmaker? We want to hear from you.
Calling all bosses, colleagues, recruiters, and industry watchers to put forward the investors, traders, and dealmakers on their radars.
1 min read
The economy is buoyant and IPO activity is on the rise: Blackstone
Blackstone CEO Steve Schwarzman said the firm is preparing "a number of companies" for IPOs as the economy shows signs of stabilizing.
2 min read
Exclusive
'A long, slow bleed': Quant hedge funds are getting slammed and scrambling for answers
Hedge funds including Qube, Cubist, and Man Group have suffered prolonged losses in recent weeks. Quants are scrambling to identify the cause.
4 min read
Google CEO Sundar Pichai shrugs off Silicon Valley's raging AI talent wars
Google's CEO says retention remains strong, even as rivals like Meta poach talent with huge offers.
2 min read
Exclusive
A new spin-off from Tom Purcell's Alua Capital joins the Tiger Cub family tree
Otter Rock is a new long-short equity fund, focused on companies undergoing technological disruption, from Alix Karlan.
2 min read
I'm an engineer who got a master's in financial technology. It was one of the best decisions I've ever made.
Christian Hollar is a recent graduate of Duke's Master of Engineering in Fintech program. He said the field offers growth and keeps his skills sharp.
4 min read
Fintech engineering is growing. The job can come with high salaries and energizing work.
Fintech engineers build the software that powers financial products. The fast-growing role can offer high salaries and innovative opportunities.
5 min read
4 M&A trends keeping bankers busy this summer: JPMorgan
JPMorgan Chase's Anu Aiyengar broke down what the bank has been seeing across mergers and acquisitions as deal activity picks up.
2 min read
Power Hours
A day in the life of Mark Cuban: He reveals his productivity hack — and how everyone can use it
Mark Cuban reads up to 1,000 emails a day on one of his three phones. He has a goal of keeping his unread messages under 20, he told us over email.
5 min read
What 'terrifies' Sam Altman about today's financial system
Sam Altman, CEO of OpenAI, wants banks and other financial institutions learn to outwit AI when it comes to protecting customers' money.
2 min read
New Citi bankers must now disclose any plans to jump ship
Citi welcomed its investment banking analysts on Monday by asking them to disclose any private equity jobs they may have lined up.
2 min read
Warren Buffett's successor has big shoes to fill. This is what Berkshire Hathaway gurus expect from the new boss, Greg Abel.
Five of Warren Buffett's closest followers told BI they expect Greg Abel to be more hands-on, focus on deals, and perhaps even introduce a dividend.
4 min read
Exclusive
PwC hired a top NSA executive to help lead a new consulting division focused on cyber threats
Morgan Adamski, who was the NSA Cyber Command's highest ranked civilian, spoke exclusively to BI about how she plans to approach her first day.
4 min read
7 lessons I learned about end-of-life planning when my mother died, as a financial advisor
When Melissa Shaw's mother died in December, Shaw was unable to access her bank accounts for 45 days and was shocked by the end-of-life costs.
5 min read
Embrace the chaos: A Morgan Stanley derivatives exec on life at the desk
Iliana Bouzali, who heads derivatives structuring at Morgan Stanley, shared her advice for thriving in the booming business of sales and trading.
5 min read
Exclusive
How Julian Robertson's legendary Tiger Management has evolved nearly 3 years after his death
The firm is still backing stockpicking hedge funds, but has also expanded its investment remit.
3 min read
Wall Street's plans for stablecoin, from Goldman to JPMorgan
Executives at five of the largest US banks shared their plans for stablecoin as regulations passed by Congress were headed to the White House.
4 min read
AmEx execs were asked about the upcoming Platinum card changes and crowding concerns at lounges — here's what they said
Amex executives said they expect "more innovation" coming to airport lounges soon.
3 min read
JPMorgan pushes into private company coverage as Wall Street eyes growing opportunity
As the number of publicly traded companies shrinks, JPMorgan expands its research to privately held companies, starting with OpenAI.
2 min read
EY's London cleaners are picketing its office after over a third were told their jobs could be cut
Cleaners outside EY's office in the Canary Wharf district of London held a sign calling it the "Dirtiest employer of the year."
4 min read
Exclusive
He quietly made billions for Two Sigma. Now, the 'godfather' of a star research unit is starting his own fund.
Machine learning pioneer Hao Zhang, who made billions for Two Sigma, plans to launch Hippocampus Capital Management in early 2026, sources say.
4 min read
Exclusive
Michael Shvo's long-stalled Miami Beach hotel and condo project attracts potential new buyer
Developer Michael Shvo envisioned turning three Miami Beach hotels into an ultra-luxury destination — but the site has sat vacant for years.
3 min read
Exclusive
In battle over junior talent, Goldman dangles a new career path
Goldman Sachs has a new plan to keep junior talent from defecting to private equity: offering them buyside jobs within the bank. See the memo.
5 min read
Jamie Dimon has total dad hobbies
When he's not in JPMorgan's boardroom, Jamie Dimon says he is out hiking and barbequing with family.
2 min read
The list of major companies laying off staff this year including Intel, Scale AI, Morgan Stanley, and Meta
Layoffs have hit companies from Disney to Meta to Intel this year amid a backdrop of cost-cutting and technological change.
24 min read
The list of major companies requiring employees to return to the office, from JPMorgan and TikTok to Ford
Amazon, JPMorgan, and Ford are among the companies requiring workers to return to the office. View a list of RTO mandates across the business world.
19 min read
Goldman's CEO is finding his groove after years of challenges
David Solomon struck an upbeat note in Goldman's earnings call. Here are 4 reasons he's optimistic, from the return of big deals to AI.
4 min read
'Black Swan' author Nassim Taleb tells BI he agrees with Elon Musk on debt, saying a 'crisis' is looming
Author Nassim Nicholas Taleb said the interest on the US debt is a huge burden, and called out Trump's tariffs and the dollar's decline.
3 min read
The ultimate summer status symbol on Wall Street isn't a house in the Hamptons — it's a golf shirt
Finance guys on Wall Street are sizing up each other's golf shirts this summer as they've become the ultimate casual sign of success.
11 min read
The economy is still humming, tariffs and all, say top banks
Wall Street banks are reporting earnings that challenge assumptions about consumer and business weakness amid inflation and recession fears.
3 min read
5 stats that show where BlackRock is — and where the world's largest asset manager is going
Larry Fink's firm has brought in more than $150 billion in net inflows this year.
4 min read
JPMorgan kicks off bank earnings with a surprise gain in dealmaking
JPMorgan said investment banking fees rose 7%, defying Wall Street projections and tariff woes. It's the first big bank to report second-quarter earnings.
2 min read