Mark DeCambre
Latest Articles
Morgan Stanley grilled by Twitter execs
Morgan Stanley may be losing its tech luster. The firm’s well-buffed reputation as the savviest tech banker in Silicon Valley was dented and dirtied by Twitter executives as the micro-blogging...
JPM's Dimon wooing regulators
It’s a new softer side of Jamie Dimon. The hard-charging JPMorgan CEO on Tuesday said the firm is turning over a new leaf with regulators in effort by the nation’s...
Whale of a fine for JPMorgan as settlement nears
JPMorgan Chase is facing more than $850 million in fines from as many as four regulators aiming to punish the big bank for its handling of the $6.2 billion London...
Twitter could go public in November
Twitter executives may have another reason to give thanks before they carve the turkey. Sources familiar with the micro-messaging service’s game plan said that Twitter could go public as early...
Tech snafu halts options trading
Can anyone on Wall Street run an exchange? Fresh from getting an earful from a top regulator over tech breakdowns, a New York Stock Exchange Euronext-operated platform experienced a glitch...
Leading Fed chief candidate bows out
Larry Summers is out of the running to lead the Federal Reserve, a surprise blow to President Obama, who had pushed hard for his appointment. Summers, who had been blasted...
Ex-Lehman CEO can't get a Wall St. job
Dick Fuld remains a Wall Street pariah. The ex-Lehman CEO Fuld and many of the company’s former executive team are unloved on the Street years after presiding over the epic...
Hungry for 'hash': Wall Street eager for Twitter IPO
Wall Street’s all a-Twitter. Bankers are fighting over Twitter’s financial crumbs after Goldman Sachs nabbed the plum assignment as lead underwriter for the company’s initial public offering. Sources said several...
SEC warns stock exchanges to fix glitches quick
Tough-as-nails regulator Mary Jo White on Thursday ordered stock exchange bosses to come up with a plan in 60 days to fix Wall Street’s most nagging problems — its broken...
Morgan Stanley no hope for Twitter IPO
Facebook’s botched initial public offering is coming back to haunt Morgan Stanley. The investment bank that led CEO Mark Zuckerberg’s glitch-ridden May 18, 2012, IPO finds itself in the uneasy...
Second top exec quits Bank of America’s fixed-income group
Another senior executive within Bank of America’s fixed-income group is headed for the door. Michael Nierenberg, head of global mortgages and security products, is leaving for private-equity firm Fortress Investment...
Twitter files for IPO
Twitter’s Wall Street motto should be: Greed is NOT good. The super-hot tech firm, which announced Thursday it would finally go public, will price its shares conservatively, willing to leave...
Stock exchanges eye aging tech after outages
Regulators and exchange operators will focus on the nation’s aging stock quote system when they meet on Thursday to address system outages that have shaken confidence in the markets. Nasdaq...
BofA’s Seebacher to step down as co-head of fixed income
Bank of America is losing one of the leaders of its slumping fixed-income business, The Post has learned. Sources said that Managing Director Gerhard Seebacher, an 18-year bank veteran and...
Goldman snubs employees with less than $1 million in assets
Goldman Sachs has its own 1 percent. The gold-plated investment bank, run by CEO Lloyd Blankfein, has found a new way to separate the ultrawealthy from the merely well-to-do within...
JPM 'Chases' off Twitter squatter
@Chase nixed 'anonymous' $20G offer for handle
JPM exits student loans
Uncle Sam has pushed another bank out of the $1.2 trillion student loan sector. JPMorgan Chase, which has been steadily backing out of the classroom over the past few years,...
Another tech snafu snarls Nasdaq
It’s like déjà vu all over again for Nasdaq. Just two weeks after a technical glitch froze trading for nearly three hours, the exchange was hit again yesterday with problems...
Top SEC lawyer hangs up briefs
The Securities and Exchange Commission’s top trial lawyer is planning to leave the agency by the end of the year, The Post has learned. Matthew Martens — who scored a...
SEC chief calls for ‘exchange’
Wall Street watchdog Mary Jo White wants the major market exchanges to play nice. The Securities and Exchange Commission chief is holding a meeting next week with exchange bosses after...