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Archegos founder Bill Hwang sentenced to 18 years for massive fraud that stunned Wall Street
Prosecutors accused Hwang of lying to banks about Archegos' portfolio so he could borrow money aggressively and make concentrated bets on media and technology stocks such as ViacomCBS, now called...
Trump Treasury contenders in 'knife fight' for the job: report
Elon Musk, the Tesla CEO who has become a close adviser to Trump, threw his support behind Lutnick over the weekend.
Chinese-linked trading platform Webull facing GOP scrutiny
In the world of no-fee and low-fee brokers, Robinhood is the leader, but it’s facing increasingly stiff competition from an upstart known as Webull, founded by one of the top...
Here's what the big hedge funds were betting on before Trump's election win
Many of the bets have become known as so-called Trump trades, corners of the market that at times were swayed by the Republican candidate's fortunes before the election and notched gains after...
Fat cat Wall Street bankers set to rake in bumper bonuses in 2024: study
New York bankers are expected to pocket bonuses as high as 35% as Wall Street deal-making roared back to life after the economic malaise after the COVID pandemic.
'Deadbeat' hedge fund boss who's being sued by his own mom has been living it up in Miami — while clients demand cash back
SpringOwl founder Jason Ader has suffered a string of legal headaches while the entire executive team has quit the beleaguered firm.
Wall Street giddy as Trump White House expected to OK fresh wave of mergers and acquisitions
Trump, who campaigned on a pledge to loosen the reigns of the regulatory state, won a resounding election victory over Vice President Kamala Harris.
Dow tops 44,000 for the first time as Wall Street fueled by Trump win
The Dow and S&P 500 wrapped up their best week in a year.
Goldman Sachs adds most partners to 'Wall Street's most exclusive club' since 2010
The announcement comes amid a flurry of dealmaking activity in the world's financial capital that has boosted profits at Goldman's lower Manhattan headquarters.
Jamie Dimon to stay at JPMorgan — and won't join Trump admin: report
Dimon said last month that his chances of taking an official post were "almost nil."
Goldman Sachs to promote biggest partner class since CEO David Solomon took helm
The new partners will enjoy a base salary of nearly $1 million a year, but they can take home multiples of that sum once other compensation such as bonuses and...
JPMorgan Chase denies $331 monthly pension to employee's widow, claims she lacks 'necessary documentation'
‘If Jamie Dimon were aware of this, he would wish to do the right thing and honor the pension," Silverberg told The Post, referring to JPMorgan Chase's longtime CEO.
Corporate America is ditching wokeness — but expect it to remain in government if Kamala Harris wins
The great un-wokening of America appears to be progressing at an unrelenting pace.
Dow soars nearly 300 points as Wall Street shrugs off dismal jobs report
After the jobs report, investors largely stuck to bets that the central bank would cut rates by a quarter point in November as well as December.
Legendary investor Leon Black has hard time shaking Jeffrey Epstein stigma
He recently opened a branch in Abu Dhabi, but Wall Street executives who spoke to On The Money say he has faced some resistance getting some top people.
Ex-Citi bankers urge CEO to claw back bonuses
Former executives fired off a five-page tirade to Citi's board demanding that cracks down on huge payouts and rein in spending on external consultants
Wall Street titan vows to work with Elon Musk to slash spending if Trump makes him Treasury Sec
The billionaire investor, 68 said he would work wth Musk "to reduce federal spending" in what will be seen as an overt bid to lobby for the job of Treasury...
JPMorgan sues customers for check fraud after exploiting viral ATM glitch
The glitch in late August let customers deposit big checks in ATMs and withdraw funds immediately before the checks could clear, even if the checks later bounced.
JPMorgan's Dimon slams Biden-Harris admin over 'onslaught' of red tape: 'I've had it with this s--t!'
The Queens native gave bureaucrats in Washington a tongue-lashing for hobbling the industry with a raft of new rules.
Top Wall Street CEOs cooling on Kamala Harris as Donald Trump's polling numbers surge
If you noticed, some of the biggest names in finance are starting to run away from their initial support of Kamala Harris.