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Silicon Valley

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

Marketbrief to use XBRL statements to report news

There's so much financial news these days that making sense of it all from a trading perspective increasingly calls for enhanced software. Machine-readable news services have certainly generated more

Morgan Stanley, Goldman Sachs battle for Facebook

While Goldman Sachs got a lot of press for its brow-raising investment banking work on behalf of Facebook, the big winner so far in the social media sweepstakes has been Morgan Stanley. It has locked in the cream of the crop as far as web 2.0 deals are concerned, including the IPOs of LinkedIn , P

Big investment banks still viewed skeptically in Silicon Valley

Is there growing resentment of top Wall Street banks--such as Goldman Sachs and Morgan Stanley--in Silicon Valley? Well, truth be told, there has always been a lot of skepticism toward big investment banks in tech circles, especially in the VC community, not that venture capitalists rate that much

LinkedIn IPO resembles credit bubble more than dotcom bubble

Here's what the San Jose Mercury News had to say about the LinkedIn IPO: "Anybody looking for evidence that Silicon Valley is in a full-blown bubble needed look no further than Wall Street on Thursday morning, when LinkedIn--the social networking site for professionals--made its debut as a pub

Frank Quattrone back on top of Silicon Valley investment banking

He's back. We've said this before about Frank Quattrone, the former larger-than-life investment banker at Credit Suisse First Boston, who was investigated and charged with interfering with a probe of IPO allocation practices. He took on the government in two trials. One resulted in a hung jury

For top tech employees, Silicon Valley vs. Wall Street

A while back, then-CEO of Microsoft Bill Gates liked to say his firm competed with Goldman Sachs for top students coming out of the top schools. Both companies coveted and recruited the

Elevation Partners, lots of glitter no gold?

Elevation Partners' first fund raised just shy of $2 billion, which makes it a small fry in the private equity industry ( private equity news). But it enjoyed an outsized persona given the reputation of its founder, Roger McNamee, who some consider a legend in Silicon Valley investing. He's an

New York City, a mini Silicon Valley?

New York City is still the country's financial capital, but more people are also seeing it as something of a technology center, one that rivals Boston as the Silicon Valley of the East. These days, there are plenty of reasons to conclude that the city is living up to the hype. TheDeal.c

So you want to get into HFT?

Hedge fund start ups are not dead. They just went through a rough spell that spared few in the financial world. Still, you've got to acknowledge that starting up a hedge takes a lot more than Dad's