Executive compensation
U.S. Banks Pass Fed's 'Stress Test' With Room for Dividends, Buybacks
The Federal Reserve's 'stress tests' of big banks requires them to maintain sufficient capital, even after a nightmare economic scenario in which stock prices fall by 65% and unemployment surges to 10%.
How to Get a Top Job at Goldman Sachs - No Application Necessary
Goldman Sachs doesn't make many acquisitions, but when it does buy a company, the founders often end up working at the Wall Street firm, as appears to be the case for Joe Duran, founder of United Capital.
New Wall Street Tragicomedy 'Schwarzman's Billions' Features Blackstone CEO
The five biggest U.S. private-equity firms have raised almost $350 billion of 'dry powder' from pension funds, foreign governments and other institutional investors that must now be spent on everything from corporate acquisitions to business loans and real estate. The problem is, the assets have gotten too expensive.
TD Ameritrade Cuts Fees on ETF Trades in Further Blow to Mutual Funds
As competition heats up in the exchange-traded funds industry, TD Ameritrade nearly doubles the roster of ETFs eligible for commission-free purchases.
KKR Profit Nearly Triples in First Quarter as U.S. Stocks Rallied
KKR, the $200 billion U.S. private-equity firm, benefited from higher performance revenue and investment income during a period when the S&P 500 jumped by the most in 10 years.
At Last, Wells Fargo Shareholders Are Happy With Scandal-Plagued Board
The scandal-plagued U.S. bank, under strict sanctions from the Federal Reserve, recently lost its second CEO in four years. But shareholders are now happy with the makeup of the board of directors, led by Chair Betsy Duke.
How to Write an Executive Summary
An executive summary, crafted correctly, can mean the difference between business success and failure.
Microsoft Soars to New Heights as IBM Goes Sideways: A Tale of Two CEOs
Compared with IBM, Microsoft's fragmented culture has made it easier for CEO Satya Nadella to find new growth.
Bitcoin Still Taboo at JPMorgan, Goldman as Investors Pump in $14 Billion
Investors aren't waiting for a rebound in bitcoin prices to invest in fast-growing cryptocurrency markets. But guess who's getting left behind: Big Wall Street firms that currently dominate trading in stocks, bonds, foreign exchange and commodities.
Blackstone CEO Schwarzman Makes $573 Million in One Day as Shares Jump
Stephen Schwarzman, founder and CEO of the giant U.S. private-equity firm Blackstone, was already one of the world's richest men. But after an announcement that the partnership will convert to a stock corporation sparked the biggest one-day rally in its publicly traded units, Schwarzman is immediately $573 million richer on paper.