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Financial Services Firms
Latest Headlines
Latest Headlines
Wealth management firms again target Silicon Valley
Employment trends in much of the financial services industry remain bleak. But there are a few areas that remain in growth mode.
One of them is wealth management, especially in booming areas like Silicon Valley. As the start-up industry booms all over again, more companies are staffing up and
Financial firms force WikiLeaks out of business?
WikiLeaks has apparently shut down its publishing operation. The site blames financial services firms for instituting a "blockade" that has prevented people from providing donations to the site. WikiLeaks says the blockade has been led by Bank of America, Visa, MasterCard, PayPal and Western Union
Ex-Citadel engineer arrested on code theft charges
We would certainly hope that young code-jockeys at financial services firms, newly flush with fat salaries and perhaps high on their own ambitions, would understand that they cannot play fast and loose with company code.
The trial of Sergey Aleynikov stands as a reminder of how high the stakes
Enthusiasm for Citigroup's upside surprise tempered by revenue woes
Higher loan loss reserves have been issue across the industry for years now. But a silver lining has cropped up over the last year or so, one that was especially evident in the past few days.
Both Citigroup and JP Morgan Chase have managed to pull off big upside earnings surprises for the seco
Financial firms aim to stay off the systemically important list
In the words of a Fortune pundit, the "wind-down plans" that systemically important financial services firms will eventually have to file look a lot like living wills.
The comparison is interesting. People draw up a living will to govern how they will be treated should they be incapacitate
Hedge funds power real estate revival in Manhattan
The turbulence in the hedge fund industry led to similar turbulence in the Manhattan real estate market back in 2008. But as the hedge fund industry recovers, are we in for a resurgence in the high-end commercial real estate market? It seems so.
Industry data shows there were "91 office leasi
What the elections mean for Wall Street
The die would appear to be cast for the next Congress, with the Democrats having been dealt a blow. But that hardly means top financial services firms are suddenly looking better. For top banks, the elections are basically a wash.
Dodd-Frank is not likely to be repealed or even tinkered with.
IT jobs outlook improves
The economy is picking up, if a bit unevenly. Many banks, notably the largest banks, are showing strong signs of recovery. And many think there may be some pent-up IT demand building in the industry.
Super computers, an alternative to the cloud?
Hedge fund IT managers were among those who gathered in Portland last week for Supercomputing 09, the annual confab for the supercomputing industry . The financial sector has been one of the strongest
How banks have fared since Lehman's implosion
It's been a long hard road for financial services firms in the wake of the Lehman Brothers implosion. Morningstar provides some perspective on how the industry has fared since then.
Two banks have held up well: Goldman Sachs' stock is up about 35 percent and JPMorgan's stock is up about 20
