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Latest Articles in wall street

Wall Street Elite Stunned At Donald Trump Triumph

From plush penthouse apartments on the Upper East Side to bars in midtown Manhattan, New York’s financial community watched in stunned dismay on Wednesday as Republican Donald Trump clinched the White House

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Facebook Warns Growth Will Slow, Shares Dip

Facebook also aims to continue to grow its massive user base, especially in developing nations where the service currently has smaller penetration rates

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Goldman Sachs Feels The Heat In Asia As IPO Engine Slows

Increased competition from Chinese rivals and a dearth of the blockbuster deals Goldman has previously relied on to make money in Asia are putting pressure on Western investment bankers

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Goldman Sachs To Cut 30 Per Cent Of Asia Investment Banking Jobs

The Wall Street bank is reducing the number of bankers working on mergers and acquisitions, and equity and debt capital markets deals

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How British Firms Built A Pyramid Scheme In China That Lost Millions

A group in Shanghai has collected the details of at least 3,700 victims in China, and others in nine countries from the United States to the Philippines say they were also ensnared by EuroFX

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Asia Stocks Rise As Post-Brexit Rebound Continues, Yen Stays Flat

Still, expectations that major central banks will ease monetary policy in the wake of Brexit have buoyed risk assets globally

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Wall Street Bankers In London Ponder Life After Brexit

Among the questions being asked in C-suites across Wall Street: What's the best European city to house a broker-dealer, if not London?

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Love For The Dickhead

Despite consistent criticism, we rarely end up reducing our love and admiration for the 'dickhead' leader in office

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China Shares Dip, Still Clinging To Gains For Week

China's fragile stock markets started weaker on Thursday after Wall Street struck its lowest levels since 2014, though the main indexes for Shanghai and Shenzhen bourses still clung to gains for the week

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Oil Plummets To $29 Per Barrel, Dragging World Stocks Lower

Major stock indices in Europe and on Wall Street closed down more than 2 per cent, while global crude oil benchmark Brent slumped more than 6 per cent to settle below $29 a barrel, capping a 13 per cent decline for the week

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Goldman Sachs To Cut Hundreds Of Jobs

The bank, which is set to report its fourth-quarter results next week, is preparing for steeper cuts this year within its debt, currencies and commodities division, Wall Street Journal reported

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