RIM Running Out of Options
BlackBerry maker Research In Motion may be running out of options as it struggles to turn around its slumping fortunes with the help of a coterie of investment bankers.
Morgan Stanley's Facebook Analyst: Sober Man in World of Hype
Scott Devitt, who replaced star Internet analyst Mary Meeker at Morgan Stanley in 2010, was one of the few analysts to cut his price target for Google in January after the company's fourth-quarter earnings missed analyst expectations by more than $1 a share.
Dimon to Appear Before Senate Panel June 13
JPMorgan Chase and Co
Chief Executive Officer Jamie Dimon will testify before the U.S.
Senate Banking Committee on June 13 to discuss the bank's recent
trading losses, the committee said on Thursday.
Wall St Stumbles as Euro Zone Worry Grows
U.S. stocks dropped on
Wednesday, as rising bond yields for Italy and Spain and the
latest poll results in Greece worsened fears about a spiraling
of the euro zone's debt crisis.
Big Data's Role in Meeting Compliance and Regulatory Challenges
Responding to the changes in the financial industry with yesterday's data capabilities will place financial institutions at a disadvantage. Utilizing big data technologies can help firms meet financial reporting requirements, says DataArt's Oleg Komissarov.
Citi Seeks Its Next Act in Wealth Management
As Citigroup prepares to exit its ownership in brokerage giant Smith Barney, the bank is aiming to hire 800 brokers by 2014 to build what it hopes will become a significant U.S. wealth management business.
How to Climb the Wall Street Corporate IT Ladder
Even as layoffs lay waste to financial services payrolls, top IT pros remain in strong demand. Here are the skills -- including Big Data and social media -- workers need to survive and thrive in a modern Wall Street IT organization.
Banks Shrink from Counterparty Risk as Euro Crisis Rolls On
Alarmed by Europe's latest debt
crisis and its unpredictable outcome, banks are getting
increasingly picky about who they do business with for fear of
taking on risky exposures to rivals who could be about to be
whipsawed by bad debts.
Morgan Stanley Adjusting Some Facebook Trades
Morgan Stanley will adjust thousands of trades to ensure outstanding limit orders to sell will be filled at no more than $42.99 a share for Facebook stock from last Friday's botched initial public offering.
From Facebook to Quants -- The Top Quotes of the Week
It wasn't all Facebook, Facebook, Facebook this week, although you could be excused for thinking that this was all anyone was talking about. Along with a badly bungled IPO, we found scintillating quotes about insider trading, quants vs. humans and a passionate defense of private equity from an unlikely source in a presidential election year. Enjoy AT's Top Quotes of the week -- and remember to have some fun this Memorial Day Weekend.
U.S. Tech Worker Shortage Looms, Study Warns
Tech-industry backed group says U.S. is losing the global battle for tech talent to countries that welcome skilled workers with open arms. But not everyone is convinced of a talent shortage.
Quant Looks for Human Touch
The man who brought quantitative trading to Goldman Sachs is starting a new fund with greater oversight of the process - by real people.
Wall Street Unfazed on Euro Zone Worries
U.S. stocks was little changed
on Thursday in volatile trading as ongoing concerns about
Greece's possible exit from the euro zone and tepid data on the
U.S. economy gave investors little reason to take risk.