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Scranton, San Jose Show How Mainstream Hedge Funds Have Become
September 26, 2012 @ 11:20 AM | By Justin Grant

One city is looking for a loan and the other is looking to boost returns, but both cases indicate that hedge funds have moved from an alternative into the mainstream.

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Why Do Retail Investors Always Seem to Get the Shaft?
May 25, 2012 @ 12:20 PM | By Ivy Schmerken

Facebook's botched IPO is the latest example of how small investors often get a raw deal in today's marketplace.

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Magic Johnson Beats Out SAC Capital’s Steven Cohen
March 28, 2012 @ 11:55 AM | By Justin Grant

The basketball legend led a group to the winning bid for the Los Angeles Dodgers.

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Morgan Stanley Employees Angered By Lavish Party for John Mack
December 14, 2011 @ 11:52 AM | By Justin Grant

With the company's stock sagging and less bonus money to go around, the firm's employees are fuming over its pricey going away party for retiring chairman John Mack, according to a report.

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Financiers Yawn As Occupy Wall Street Gains Momentum
October 06, 2011 @ 12:23 PM | By Justin Grant

The thousands of protesters who converged on New York's financial district Wednesday are a clear sign the Occupy Wall Street movement is gaining momentum, but folks within the industry are greeting the demonstrations with a collective yawn.

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Wall Street Titans Rebound From High Profile Failures
July 06, 2011 @ 10:39 AM | By Justin Grant

What do Stan O'Neal, Tony Hayward and Jeffrey Peek have in common besides running multibillion-dollar corporations into the ground?

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Clooney to Tackle Wall Street Bailouts in New Film
April 14, 2011 @ 11:41 AM | By Justin Grant

George Clooney's history with drugs and women will prevent him from ever running for office, but his past won't stop him from trying to influence public thought through film.

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Morgan Stanley Hit With Lawsuit for Stock Plunge
March 21, 2011 @ 11:28 AM | By Justin Grant

Diversify, diversify, diversify. And never bet your entire nest egg on company stock. It's investing 101. But six Morgan Stanley employees who paid dearly for not going that route aren't taking their losses quietly.

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Hiring Freeze At Morgan Stanley Feeds Fear of Layoffs
September 28, 2010 @ 11:39 AM | By Ivy Schmerken

With all sorts of gloom and doom reports about Wall Street hiring freezes and lower trading profits floating around the media today, you would think the sky is falling once again.

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Morgan Stanley's Early History May Signal Bright Outlook for Prop Trading Desks
September 16, 2010 @ 11:28 AM | By Justin Grant

Morgan Stanley, which celebrated its 75th anniversary this week, owes its very existence to the type of stringent financial regulations now forcing banks to ponder the fate of their proprietary trading operations.

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JP Morgan Chase CEO Rips Dodd-Frank Bill's Derivatives Rule
September 15, 2010 @ 11:11 AM | By Justin Grant

JP Morgan Chase Chief Executive Jamie Dimon warns that recent financial reforms enacted in the U.S. and around the world will lead to higher costs and less credit for large and small investors alike, the Financial Times reports.

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JPMorgan Chase to Close Proprietary Trading Unit, Rivals May Follow Suit
September 01, 2010 @ 12:34 PM | By Justin Grant

JPMorgan Chase is getting a head start on the Volcker Rule's controversial stipulation banning banks from trading their own money, and is shutting down its proprietary commodity trading segment. Although the new regulation gives banks two years to shut down such operations, the firm opted to act now since the troubled markets have dampened investor appetite for commodities risk, The Financial Times reports.

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