James Franey
Latest Articles
UK headhunter 'scams Wall Streeters with fictional jobs, fake IDs' to get private info: report
A top London headhunter has been accused of tricking Wall Street traders into handing over private details of their fat pay packages by dangling phony job openings.
Morgan Stanley profits surge 32% as dealmaking roars back to life
"I am bullish on IPOs and M&A coming back," said the banks' CEO. "It may take some time...I think these are going to be global, mature companies that are very...
Goldman Sachs profits surge as dealmaking rebounds on Wall Street
Goldman Sachs reported a 45% surge in quarterly profits on Tuesday, boosted by a rebound in dealmaking that beat analysts' expectations.
JP Morgan’s Jamie Dimon responds to speculation that he'll take US gov't post
The veteran banker's comments, which came as he announced expectation-beating Q3 profits, saw JP Morgan stock climb by 3% in morning trading on the New York Stock Exchange.
TD Bank fined $3B for failing to prevent money laundering by drug cartels
TD failed to monitor over $18 trillion in customer activity for about a decade, enabling three money laundering networks to transfer illicit funds through accounts at the bank, US authorities...
BlackRock's Larry Fink sounds off on investors expecting huge Fed rate cuts
The Fed slashed interest rates by a larger-than-expected half-percentage point just over two weeks ago.
Hedge fund mogul Larry Robbins seeks overhaul at struggling CVS: report
Hedge fund mogul Larry Robbins will meet with executives at struggling drugstore chain CVS on Monday to present a turnaround plan that the Glenview Capital founder hopes will improve the...
Ex-Goldman Sachs HQ is converted into luxury rentals with pads going for up to $10K a month
The 36-story tower at 55 Broad St. -- which served as Goldman's home from 1967 to 1983 as it became a global finance giant under legendary chief executive and trader...
Kamala Harris outspending Donald Trump by $5 million each day: report
The Democrat candidate for America's top job splashed out $7.5 million daily in August, compared to $2.6 million spent on average each day by her Republican challenger.
Hedge fund mogul who helped topple Yahoo CEO sued by own mom for $13M: ‘World’s worst son’
Jason Ader was sued last month by his 81-year-old mom after he defaulted on a $13 million mortgage he took out in 2016 against his late father's swanky New York...
Trump suggests capping annual credit card interest rates at 10% — but critics fear ‘price controls’
"Trump just proposed his own version of price controls," one economist said.
Wall Street CEO downplays worries about junior bankers' long hours: 'Interesting work'
Orszag, a Democrat party kingmaker and donor, said fresh-faced financiers enjoy the buzz of "working on important things" such as money-spinning M&A deals.
Investor hopes high for bigger interest rate cut, sending Dow near all-time high
Traders in swaps markets predicted a 47 per cent chance that Fed officials could opt for a bumper cut at a meeting in Jackson Hole on Tuesday
NY hedge fund titan set to divorce ex-Manhattan DA candidate
A lawyer for the hedge fund titan, a 51-year-old longtime Democrat donor, filed for divorce on April 4 from his wife of 14 years.
Goldman Sachs stock drops 4% as CEO warns of weak trading revenue
The price of a share in the bank fell by just over $19 the day after its chief executive spoke to an investor conference in New York.
Brown trustee resigns over Israel-bashing BDS vote
Top hedge fund manager Joseph Edelman accused the Ivy League school of "promoting antisemitism".
Top Wall Street rainmaker left Evercore after 'affair' with younger banker: sources
It was announced in April that Adam Taetle, 55, would leave his job as a senior managing director at Evercore. He joined Lazard at the end of June.
Citadel's Ken Griffin launches fresh attack at 'brazen' SEC cash grab: report
Known as CAT, the system gives regulators a real-time record of all investor and transaction activity across all US markets, including the New York Stock Exchange and the NASDAQ.
Goldman Sachs set to fire more than 1,300 employees: WSJ
The Goldman Sachs CEO will slash more than 1,300 jobs as part of the bank's ongoing review to cull poor performers, the Wall Street Journal reported.
Bill Ackman seeks to revive botched Pershing Square USA IPO: report
The 58-year-old tycoon nixed plans to float his highly-touted new fund on the New York Stock Exchange last month after investor demand fell short of his lofty expectations.