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1 min read

Wall Street lobbies are bashing the idea of a digital dollar from the Fed and say the move would drain money from the US banking system

Even if CBDC accounts were capped at $5,000 per user, they would drain in $720 billion in deposits,…

Brian Evans   


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1 min read

Barclays Banker Named Rich Ricci Has A Show Horse Named Fat Cat In The Hat

Ricci, who wears a hat to all the races he attends, has 11 horses entered in this week's Cheltenham…

Linette Lopez   


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5 mins read

Meet Goldman Sachs' top quant, Bankers in Portland, Alt data may not be a gold mine

On the flip side, we went to Peloton's investor-road-show stop in New York this week, where we saw …

Olivia Oran   


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1 min read

Here's what it was like at banker-turned-rocker Ivan Wilzig's summer bash at the 'Playboy Mansion of the Hamptons'

Wilzig, a New Jersey native and the son of an Auschwitz survivor, graduated from the University of …

Sarah Jacobs   


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1 min read

EXCLUSIVE: The City watchdog is holding a summit with top bankers

The Conservative, government, elected for a second term in May, has rowed back on rules that would …

Ben Moshinsky   


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13 mins read

Hedge Fund Manager And CNBC Contributor Releases Novel-We've Got A Sneak Peek

The black-clad ?gure blended invisibly into the shadows of the tall trees that formed a protective…

Lucas Kawa   


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2 mins read

Jamie Dimon bashes bitcoin again, says cryptocurrencies 'are kind of a novelty'

Blockswater, a Swedish algo-based liquidity provider, has filed a formal complaint to regulators ag…

Frank Chaparro   


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5 mins read

We asked cryptocurrency experts to respond to Jamie Dimon's bitcoin bashings - here's what they said

China's recent interventions into both currency- and crypto-markets best illustrates Dimon's point.…

Frank Chaparro   


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1 min read

A Student Called Wells Fargo Bankers 'Boners' In An Email - And It Got Back To Wells Fargo

He presumably thought the email would remain confidential between the BAML guys. Of course, emails …

Julia La Roche,Linette Lopez   


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3 mins read

Elon Musk and 'anti-Biden brain trust' bonded at exclusive Hollywood Hills dinner, report says

Elon Musk hosted a dinner for billionaires that got political, and attendees discussed their distru…

Katherine Tangalakis-Lippert   


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5 mins read

Trump in contempt: Hush-money judge orders he pay $9,000 for 9 gag order violations and warns of jail

Manhattan hush-money judge Juan Merchan fined Trump $9,000 for violating his gag order by attackin…

Laura Italiano   


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6 mins read

The state of Wall Street's drug culture

In today's big story, we're looking at whether Wall Street has a drug problem.

Dan DeFrancesco   


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3 mins read

For Wall Street's incoming interns, it's not exactly dress to impress

Wall Streets dress code has continued to involve to the point where ties and heels are a thing of t…

Dan DeFrancesco   


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3 mins read

New-look UBS

UBS is entering its next chapter with the closing of its deal for rival Credit Suisse. These are th…

Dan DeFrancesco   


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7 mins read

What Wall Street is telling employees about returning to the office, from Goldman Sachs to JPMorgan and Blackstone

See which banks, hedge funds, and private equity firms want their staff back five days a week and w…

Kaja Whitehouse,Michelle Abre…   


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5 mins read

Everything you need to know as JPMorgan, Citi, Goldman Sachs, and other big banks report earnings

As we embark on yet another season of bank earnings, these are the hot topics that will likely come…

Dan DeFrancesco   


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1 min read

Government adviser and Tory peer Helena Morrissey resigns after suggesting Boris Johnson is 'in the wrong job'

Conservative peer Helena Morrissey left her role as a non-executive director at the Foreign Office …

Henry Dyer   


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5 mins read

Wall Street succession plans: The case for why all 6 big banks could consider a leadership change this year

Either by choice or by force, we could see a top US bank replace its CEO this year. Here's why each…

Dan DeFrancesco   


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5 mins read

From Wall Street to Washington: Which finance execs would make the best public servants?

JPMorgan's Jamie Dimon teased a potential shift to the public sector after he leaves the bank. Thes…

Dan DeFrancesco   


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3 mins read

How EaseMyTrip doubled investors’ money during one of the worst periods for the travel industry

EaseMyTrip was one of the best bets for retail investors in 2021 as it doubled investors' money sin…