A day in the life of a 28-year-old Macquarie investment banker who runs...
Verena Cavalheiro is a New York investment-banking associate at Macquarie Capital.Cavalheiro recently documented her daily routine for Business Insider.Working as a young investment banker can be a...
View ArticleCanada's largest banks are betting big on weed
Two of Canada's biggest banks provided an $80 million loan to PharmHouse, a joint venture owned in part by Canopy Growth's venture arm. It's a sign that Canada's top banks are "open for business" in...
View ArticleJPMorgan traders are set to see higher bonuses this year after the bank...
JPMorgan bankers are set to reap mid-single-digit percent increases in annual bonuses.Equities traders and investment bankers are set to get better bonuses than their counterparts in fixed-income...
View ArticleJPMorgan CEO Jamie Dimon just took home a $31 million pay packet — despite...
Jamie Dimon will receive a larger pay packet than last year after JPMorgan's "strong performance" in 2018.The bank's CEO will earn $31 million, up from $29.5 million in 2017, a 5% raise.JPMorgan shares...
View ArticleAfter 15 years on Wall Street, I use a 100-year-old psychology framework to...
There are four personality types that typically show up in high-achieving Wall Street workers.Executive coach Justin Doyle who works with private equity professionals, bankers, and hedge fund managers,...
View ArticleWe asked 8 Wall Street recruiters about the hottest trends in hiring across...
Bonuses for 2018 have been announced or paid, which means it's moving season on Wall Street.Business Insider spoke with a handful of headhunters who work with clients and place candidates across the...
View ArticleDeutsche Bank will start promoting junior bankers earlier as the Wall Street...
Deutsche Bank is changing up its junior-banking program, meaning promotions will come a little earlier.The change was outlined in an internal memo from heads of the firm's corporate and investment...
View ArticleRBC's deputy chairman of investment banking explains why M&A has returned...
Larry Grafstein joined RBC Capital Markets last year from UBS as the deputy chairman of global investment banking.Business Insider recently spoke with Grafstein about the surprising turnaround in the...
View ArticleUBS' CEO warns this is 'one of the worst' markets in years (UBS)
UBS shares dropped 3% after the bank said it would slow hiring and slash costs by $300 million as it weathers "one of the worst first-quarter environments" in years.CEO Sergio Ermotti blamed declines...
View ArticleMorgan Stanley, Goldman Sachs, and all 27 other banks working on Uber's...
Morgan Stanley and Goldman Sachs won the top banking roles on the upcoming Uber IPO, which could reportedly raise up to $100 million for the ride-hailing company.Despite the competition between Uber...
View ArticleInvesting in Uber? Here's why one tech banker says not to hold your breath...
As Uber prepares to go public next week with a valuation topping $90 billion, one banker has a word of warning.Regardless of how Uber performs as a company, public investors will never see the types of...
View ArticleEvercore has torched competitors with the best returns on Wall Street over...
Since Ralph Schlosstein joined it almost exactly 10 years ago, the independent investment bank Evercore has produced a nearly 600% total return and grown its advisory revenue to $1.74 billion from $180...
View Article6-year courtships, misplaced briefcases, and ‘damned frustrating’ vacancies:...
Since Ralph Schlosstein joined it almost exactly 10 years ago, the independent investment bank Evercore has produced a nearly 600% total return and grown its advisory revenue to $1.74 billion from $180...
View ArticleBank of America has landed a slew of senior dealmakers and is planning more...
Bank of America's investment bank is on the rebound from a tough year in 2018, adding a slew of senior dealmakers and winning blockbuster deals as it claws back market share. The firm has hired nearly...
View ArticleJPMorgan beats Wall Street's targets with record quarterly profits, but...
JPMorgan Chase reported second-quarter earnings Tuesday that beat analysts' revenue and profit expectations, reflecting strong gains in its consumer and community banking division.However, the shares...
View ArticleELLO Capital, a boutique investment bank founded by JPMorgan, Goldman Sachs...
ELLO Capital, a new boutique investment bank, will focus solely on the hot US cannabis M&A market. Business Insider spoke to ELLO Capital CEO and Managing Director Hershel Gerson, a veteran of...
View ArticleDeutsche Bank and UBS reportedly talked in June about teaming up in Europe to...
Deutsche Bank and UBS reportedly discussed forming an investment-banking alliance in June, according to the Wall Street Journal. The alliance would've combined businesses to create the largest...
View ArticleThese 2 startup founders quit their Goldman Sachs trading jobs to start a...
Two former Goldman Sachs traders, Kevin Glynn and David Nolan, founded Butternut Box in 2016.The company delivers home-cooked dog food and has raised $28 million to date.Despite being about as far from...
View ArticleRevenues at the world's biggest investment banks have plunged to their lowest...
The world's biggest banks have posted their lowest revenues since 2006, according to industry monitor Coalition.First-half revenues slumped 11% at 12 of the biggest banks in Europe and the US.Equities...
View ArticleAn ex-Goldman Sachs banker convicted of money laundering has been ordered to...
An ex-Goldman Sachs investment banker who was convicted of money laundering in 2013 has been issued a confiscation order for £7.3 million, or $9 million.Ellias Nimoh Preko, who helped funnel millions...
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