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2 mins read
Boutique investment bank Moelis has placed a senior banker on leave after a video circulated online appearing to show him punching a woman
New York-based investment bank Moelis & Co. said it is investigating a "serious incident in Brookly…
Polly Thompson
1 min read
An ex-Wall Street banker who visited every European country picked 5 underrated ones he'd recommend over Spain, France, Italy, or Greece
One of Abbamonte's favorite regions to explore by car is Eastern Europe, which is struggling to att…
Maria Noyen
2 mins read
BofA banker whose death shook Wall Street was looking for new job and willing to take a lower salary for better hours, recruiter says: report
A recruiter told Reuters he was in touch with Leo Lukenas III before his death and that the Bank of…
Kelsey Vlamis,Reed Alexander
1 min read
Uday Kotak’s journey – from a cotton trader to India’s richest banker
Uday Kotak, the founder of Kotak Mahindra Bank has stepped down as the managing director and chief …
2 mins read
Why Deion Sanders' players are just like investment bankers
Deion Sanders' coaching style isn't for everyone. There will be some athletes who thrive, like ther…
Josée Rose
1 min read
Commercial mortgage lending to jump 29% in 2024 after slowest year in a decade, Mortgage Bankers Association says
Last year's estimated $444 billion in commercial lending could mark the lowest level in a decade, t…
Filip De Mott
1 min read
A Wall Street firm wants to collect a $4 million breakup fee from a banker who never started his job. Judges will soon rule if that's legal.
A California appeals court will soon rule on whether Jefferies can demand a $4 million breakup fee …
Theron Mohamed
4 mins read
Everyone is getting paid these days — except investment bankers
Wall Street seems to be shelling out more money for plenty of roles in finance except one: investme…
Dan DeFrancesco
5 mins read
A retired banker in Singapore was looking for his next venture. He found it by reviving a dying trade: traditional coffee shops.
Today, Killiney Kopitiam is one of Singapore's most successful coffeechains. Woon Tek Seng told BI …
Marielle Descalsota
1 min read
Elon Musk privately told bankers they won't lose money on the Twitter deal. But banks are already expected to lose at least $2 billion.
Elon Musk made reassurances to bankers as X continues to bleed advertisers and banks could lose bil…
Lloyd Lee
2 mins read
An ex-Goldman Sachs banker who passed secrets to his squash buddy just got jailed for 3 years
Brijesh Goel passed on tips about deals to his friend and squash partner, netting the pair $280,000…
Polly Thompson
5 mins read
Why this top banker left Goldman Sachs to help fund women who are changing healthcare
At 35 years old, Sasha Kelemen runs what she says is the only women's-health-focused investment-ban…
Blake Dodge
2 mins read
The Fed could cut interest rates as early as the first quarter of 2024. Here are 7 quotes from central bankers that hint at what comes next.
Fed Chairman Jerome Powell and other central bankers have recently dampened hopes for rate cuts soo…
Phil Rosen
3 mins read
KV Kamath says digital economy can contribute 25% GDP by FY29
Noted banker KV Kamath, who now chairs the National Bank for Financing Infrastructure and Developme…
PTI
1 min read
K Satyanarayana Raju appointed as new MD & CEO of Canara Bank
State-owned Canara Bank on Tuesday said the Union Government has appointed K Satyanarayana Raju as …
PTI
3 mins read
The Fed is about to make its next move. Here are 8 quotes from Jerome Powell and other central bankers that point to what comes next.
Central bankers have shared mixed views on how monetary policy could change as officials mull the p…
Phil Rosen
2 mins read
A top Russian banker says the dollar's dominance is ending but China's yuan is gaining prominence
Kostin's assessment of the dollar's clout and the yuan's rise came amid an intense debate over de-d…
Huileng Tan
3 mins read
These bankers got deals done despite a dismal environment
2022 was not a great year for dealmaking, but those who were looking to buy or sell often turned to…
Dan DeFrancesco
2 mins read
Jeffrey Epstein offered to help former JPMorgan banker get his daughter into Columbia, report says
Jeffrey Epstein offered to connect Jes Staley with Columbia officials to get his daughter into grad…
Emmalyse Brownstein
2 mins read
Bankers at a conference complained that people get their finance advice from influencers now instead of them
Bankers at a conference in Dublin, Ireland, expressed concern that people are getting advice from i…