Finance
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Donald Trump is set to share a $617 million windfall with Vornado Realty Trust, due to a property refinancing deal, reports say
Vornado and Trump will get $617 million as part of a $1.2 billion bond sale, Bloomberg reported. The payout is part of...
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Apollo’s dealmaking went into overdrive in the first quarter during a tumultuous period for the investment giant
Apollo has faced plenty of bad press this year, from its former CEO’s ties to Jeffrey Epstein to a management shakeup. At...
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Google Cloud’s swell of big, longer-term deals are a sign that customers trust it won’t kill off its cloud products (GOOG, GOOGL)
Google Cloud has been signing big, longer-term deals with large enterprises. This shows Google Cloud building customer trust as it competes with...
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Investment banks are racing to staff up as deal work surges, and one recruiting firm has even formed a ‘SWAT team’ focused on hiring associates and VPs
Investment banks are seeking backup as they struggle to retain junior staffers. High rates of attrition and fierce competition are sparking a...
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After a year of market shocks and monster trading profits, hedge fund giants like Citadel and Millennium are raiding investment banks for volatility traders
Buy-side trading firms have poached a slew of star derivatives traders from investment banks. The defections, which follow blowout volatility trading hauls...
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Lloyds and Starling lead Q4 2020 UK account switches while taking opposite paths
Lloyds and Starling took first and second place, respectively, in net account switches. And their different customer acquisition approaches show how to...
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Insider finance: What it’s like working for David Solomon
Even though JPMorgan was the first bank to say it wants US staff to return to the office, it and other big...
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What it’s really like to work for Goldman Sachs CEO David Solomon
Solomon has steered the bank to blowout profits and a record stock price. But with partners quitting and burnout soaring, some insiders...
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Credit Card Issuers in COVID-19: Debt relief, stimulus checks, & vaccine impact
The coronavirus pandemic has forced US credit card providers to adapt rewards, enhance forbearance, and build out digital tools to cope with...
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The SEC’s top Wall Street cop just resigned after less than a week on the job. Here’s what went down.
Alex Oh stepped down after less than a week on the job as the SEC’s director of enforcement. Progressive and ethics groups...