What 'terrifies' Sam Altman about today's financial system
2 min read
Embrace the chaos: A Morgan Stanley derivatives exec on life at the desk
Iliana Bouzali, who heads derivatives structuring at Morgan Stanley, shared her advice for thriving in the booming business of sales and trading.
5 min read
Google CEO Sundar Pichai shrugs off Silicon Valley's raging AI talent wars
Google's CEO says retention remains strong, even as rivals like Meta poach talent with huge offers.
2 min read
Exclusive
A new spin-off from Tom Purcell's Alua Capital joins the Tiger Cub family tree
Otter Rock is a new long-short equity fund, focused on companies undergoing technological disruption, from Alix Karlan.
2 min read
I'm an engineer who got a master's in financial technology. It was one of the best decisions I've ever made.
Christian Hollar is a recent graduate of Duke's Master of Engineering in Fintech program. He said the field offers growth and keeps his skills sharp.
4 min read
Fintech engineering is growing. The job can come with high salaries and energizing work.
Fintech engineers build the software that powers financial products. The fast-growing role can offer high salaries and innovative opportunities.
5 min read
New Citi bankers must now disclose any plans to jump ship
Citi welcomed its investment banking analysts on Monday by asking them to disclose any private equity jobs they may have lined up.
2 min read
Warren Buffett's successor has big shoes to fill. This is what Berkshire Hathaway gurus expect from the new boss, Greg Abel.
Five of Warren Buffett's closest followers told BI they expect Greg Abel to be more hands-on, focus on deals, and perhaps even introduce a dividend.
4 min read
Exclusive
PwC hired a top NSA executive to help lead a new consulting division focused on cyber threats
Morgan Adamski, who was the NSA Cyber Command's highest ranked civilian, spoke exclusively to BI about how she plans to approach her first day.
4 min read
7 lessons I learned about end-of-life planning when my mother died, as a financial advisor
When Melissa Shaw's mother died in December, Shaw was unable to access her bank accounts for 45 days and was shocked by the end-of-life costs.
5 min read
Exclusive
How Julian Robertson's legendary Tiger Management has evolved nearly 3 years after his death
The firm is still backing stockpicking hedge funds, but has also expanded its investment remit.
3 min read
Wall Street's plans for stablecoin, from Goldman to JPMorgan
Executives at five of the largest US banks shared their plans for stablecoin as regulations passed by Congress were headed to the White House.
4 min read
AmEx execs were asked about the upcoming Platinum card changes and crowding concerns at lounges — here's what they said
Amex executives said they expect "more innovation" coming to airport lounges soon.
3 min read
JPMorgan pushes into private company coverage as Wall Street eyes growing opportunity
As the number of publicly traded companies shrinks, JPMorgan expands its research to privately held companies, starting with OpenAI.
2 min read
EY's London cleaners are picketing its office after over a third were told their jobs could be cut
Cleaners outside EY's office in the Canary Wharf district of London held a sign calling it the "Dirtiest employer of the year."
4 min read
Exclusive
He quietly made billions for Two Sigma. Now, the 'godfather' of a star research unit is starting his own fund.
Machine learning pioneer Hao Zhang, who made billions for Two Sigma, plans to launch Hippocampus Capital Management in early 2026, sources say.
4 min read
Exclusive
Michael Shvo's long-stalled Miami Beach hotel and condo project attracts potential new buyer
Developer Michael Shvo envisioned turning three Miami Beach hotels into an ultra-luxury destination — but the site has sat vacant for years.
3 min read
Exclusive
In battle over junior talent, Goldman dangles a new career path
Goldman Sachs has a new plan to keep junior talent from defecting to private equity: offering them buyside jobs within the bank. See the memo.
5 min read
Jamie Dimon has total dad hobbies
When he's not in JPMorgan's boardroom, Jamie Dimon says he is out hiking and barbequing with family.
2 min read
The list of major companies laying off staff this year including Intel, Scale AI, Morgan Stanley, and Meta
Layoffs have hit companies from Disney to Meta to Intel this year amid a backdrop of cost-cutting and technological change.
24 min read
The list of major companies requiring employees to return to the office, from JPMorgan and TikTok to Ford
Amazon, JPMorgan, and Ford are among the companies requiring workers to return to the office. View a list of RTO mandates across the business world.
19 min read
Goldman's CEO is finding his groove after years of challenges
David Solomon struck an upbeat note in Goldman's earnings call. Here are 4 reasons he's optimistic, from the return of big deals to AI.
4 min read
'Black Swan' author Nassim Taleb tells BI he agrees with Elon Musk on debt, saying a 'crisis' is looming
Author Nassim Nicholas Taleb said the interest on the US debt is a huge burden, and called out Trump's tariffs and the dollar's decline.
3 min read
The ultimate summer status symbol on Wall Street isn't a house in the Hamptons — it's a golf shirt
Finance guys on Wall Street are sizing up each other's golf shirts this summer as they've become the ultimate casual sign of success.
11 min read
The economy is still humming, tariffs and all, say top banks
Wall Street banks are reporting earnings that challenge assumptions about consumer and business weakness amid inflation and recession fears.
3 min read
5 stats that show where BlackRock is — and where the world's largest asset manager is going
Larry Fink's firm has brought in more than $150 billion in net inflows this year.
4 min read
JPMorgan kicks off bank earnings with a surprise gain in dealmaking
JPMorgan said investment banking fees rose 7%, defying Wall Street projections and tariff woes. It's the first big bank to report second-quarter earnings.
2 min read
OpenAI and other AI players are targeting Wall Street's quant stars with multimillion-dollar paydays
AI startups like OpenAI and Anthropic are targeting quants with a tantalizing pitch: eye-popping pay and a chance to build the future.
10 min read
Meet the leaders of MBB, the consulting giants advising the world's most powerful CEOs
The leaders of McKinsey, Bain, and BCG, known as MBB, are overseeing their respective consulting firms in a time of rapid change.
6 min read
Are you working for a zombie fund? If so, you'd better run!
A private equity slump means some firms are more walking dead than masters of the universe. Here's how to handle it if you're stuck at one.
4 min read
We asked Warren Buffett gurus whether his exit is what's bringing Berkshire Hathaway's stock down
It might not be Warren Buffett's fault that Berkshire Hathaway stock is down 11% since he revealed he's stepping down as CEO in December.
4 min read
Exclusive
The executives behind Palmer Luckey's new digital banking startup Erebor include banking, Big Law, and tech vets
Senior staff at Erebor, a tech-focused banking startup, have worked at Palmer Luckey's family office, in tech startups, and at other banks.
6 min read
Coinbase marketing leader Di Sanborn talks about the appeal of cryptocurrency to the younger generation
Di Sanborn, the head of institutional and developer marketing at Coinbase, said Gen Z and millennials make up about 69% of cryptocurrency owners.
Markets guru Larry McDonald warns of 'off the charts' complacency — and says Warren Buffett's stock sales are a red flag
Larry McDonald, the author of a book about the financial crisis, flagged some bank loans and the threat of resurgent inflation.
3 min read
The hottest job in private equity: Keeping investors happy
Private equity fundraising has fallen on tough times, driving demand for these jobs, skills, and experiences.
6 min read
Tech investors are benefiting from being loud online
For today's elite VCs, controversy might actually be good for business.
6 min read
Wall Street is getting worried about Trump's immigration policies
BI spoke with experts across the financial world about how Trump's immigration crackdown could reshape the industry — and what might be next.
7 min read
Wall Street Rising Stars nominations are open. Here are our lists of top investors, traders, and dealmakers from 2017 to 2024.
For the past eight years, we've pinpointed the young professionals on the runway to success. Here's our database of Wall Street's rising stars.
3 min read
How Trump's immigration crackdown is reshaping financial industry hiring, travel, and dealmaking
Investors and dealmakers may not be the obvious targets of Donald Trump's immigration policies — but the impact on Wall Street is being felt.
5 min read
Bloomberg made a rare cut to staff in a newsroom overhaul. Read the memo breaking down the changes.
Bloomberg announced a newsroom reorg and staff cut but said it would end the year with more employees.
9 min read
Big Four internship season is in full swing. Here's how to get through the door at KPMG, according to 3 current interns.
Three college students told BI how they secured a summer internship with Big Four giant KPMG and why a career in accounting interested them.
5 min read
From interns to insiders: How 2 Balyasny summer recruits landed full-time roles at the $25 billion hedge fund
A macro trader and AI researcher share their advice for a successful Balyasny internship, from 'failing quickly' to leaning into the 'flat' culture.
5 min read
The DOJ says it won't release any more 'Epstein Files.' Here's what the government is still keeping secret.
The Trump administration says it won't release the "Epstein files" anymore. The still-secret docs could help answer mysteries about the financier.
10 min read
Why this $6 billion investment firm is diving into the hedge fund talent wars
New Holland Capital launched Plum Island Partners and hired a North Rock executive to lead it.
3 min read
I've saved $100,000 for each of my 2 children for college. Here's how I did it and what I could've done differently.
Shannon Liu Shair started 529s for each of her two kids when they were born and both accounts have grown to $100,000.
5 min read
Inside Carlyle's AI rollout: Tech chief shares wins, challenges, and cost savings
Lucia Soares is rolling out AI at investment giant Carlyle. She spoke to BI about the successes, pitfalls, and checks and balances.
7 min read
How to get jobs and internships at top hedge funds like Citadel, D.E. Shaw, and Point72
Some of the biggest hedge fund managers have talked to Business Insider about what it takes to join their ranks. Here's what we know.
5 min read
How to get jobs and internships at top hedge funds like Citadel and Point72
Tips on landing coveted jobs and internships at top hedge funds, from executives and recruiters.
5 min read
Inside the Astor family, one of America's wealthiest Gilded Age dynasties whose descendants are friends with British royals
As one of America's wealthiest Gilded Age dynasties, the Astor family's money and influence still make waves.
6 min read