Finance
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UBS chairman brings in external consultants for potential merger with Credit Suisse
External consultants are helping UBS create a potential merger deal between the two largest Swiss banks, Credit Suisse and UBS. It would...
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Inside Citi’s exec shakeup — Chime’s latest round — Buy now, pay later’s future
Hiya. Last week it was a new chief executive at a major Wall Street bank. Now a possible bank mega-merger is on...
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Hedge-fund billionaire Steve Cohen set to purchase the New York Mets
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Read the memo Citi CEO Mike Corbat sent staff quoting race car driver Mario Andretti to get employees to take risk and controls more seriously
On Thursday, Citigroup announced its CEO, Michael Corbat, would retire effective February 2021. The move came after it became clear regulators were...
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Robo-advisors offer automated investing services at a low cost — here’s how to tell if they’re right for you
A robo-advisor is a service that uses computer algorithms to build and manage investment portfolios, requiring little human involvement and interaction. Robo-advisors...
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Warren Buffett campaigned for Obama and Clinton, but hasn’t donated to or spoken out for Biden — and no one knows why
t Billionaire investor Warren Buffett has yet to campaign or fundraise for former Vice President Joe Biden, despite being an outspoken supporter...
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How to withdraw from your traditional 401(k) account early — the strategies to avoid penalties and fees
Withdrawing money from your 401(k) early is not recommended, since the amount is subject to 20% income tax, plus a 10% IRS...
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The plan to save JCPenney — Fidelity salaries — Big 4 hiring plans
Welcome back! Last week was an absolute whirlwind of big news, and that was only a four-day work week. I can only...
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Big 4 firms are hiring fewer MBA candidates. 2 business school career counselors share their advice for grads looking for accounting and consulting jobs.
The Big 4 usually extends job offers to summer interns and then recruits additional MBA candidates in the fall to start work...
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Another woman at the world’s largest hedge fund has reportedly accused the firm of paying her less than male peers with fewer duties
Bridgewater Associates’ director of research has complained she’s paid less than male peers, The Wall Street Journal reported Friday. Bridgewater, the world’s...