The economy is still humming, tariffs and all, say top banks
3 min read
OpenAI and other AI players are targeting Wall Street's quant stars with multimillion-dollar paydays
AI startups like OpenAI and Anthropic are targeting quants with a tantalizing pitch: eye-popping pay and a chance to build the future.
10 min read
The ultimate summer status symbol on Wall Street isn't a house in the Hamptons — it's a golf shirt
Finance guys on Wall Street are sizing up each other's golf shirts this summer as they've become the ultimate casual sign of success.
11 min read
JPMorgan kicks off bank earnings with a surprise gain in dealmaking
JPMorgan said investment banking fees rose 7%, defying Wall Street projections and tariff woes. It's the first big bank to report second-quarter earnings.
2 min read
Meet the leaders of MBB, the consulting giants advising the world's most powerful CEOs
The leaders of McKinsey, Bain, and BCG, known as MBB, are overseeing their respective consulting firms in a time of rapid change.
6 min read
Are you working for a zombie fund? If so, you'd better run!
A private equity slump means some firms are more walking dead than masters of the universe. Here's how to handle it if you're stuck at one.
4 min read
We asked Warren Buffett gurus whether his exit is what's bringing Berkshire Hathaway's stock down
It might not be Warren Buffett's fault that Berkshire Hathaway stock is down 11% since he revealed he's stepping down as CEO in December.
4 min read
Exclusive
The executives behind Palmer Luckey's new digital banking startup Erebor include banking, Big Law, and tech vets
Senior staff at Erebor, a tech-focused banking startup, have worked at Palmer Luckey's family office, in tech startups, and at other banks.
6 min read
Coinbase marketing leader Di Sanborn talks about the appeal of cryptocurrency to the younger generation
Di Sanborn, the head of institutional and developer marketing at Coinbase, said Gen Z and millennials make up about 69% of cryptocurrency owners.
Markets guru Larry McDonald warns of 'off the charts' complacency — and says Warren Buffett's stock sales are a red flag
Larry McDonald, the author of a book about the financial crisis, flagged some bank loans and the threat of resurgent inflation.
3 min read
The hottest job in private equity: Keeping investors happy
Private equity fundraising has fallen on tough times, driving demand for these jobs, skills, and experiences.
6 min read
The list of major companies laying off staff this year including Intel, Microsoft, Morgan Stanley, and Meta
Layoffs have hit companies from Disney to Meta to Intel this year amid a backdrop of cost-cutting and technological change.
23 min read
Tech investors are benefiting from being loud online
For today's elite VCs, controversy might actually be good for business.
6 min read
Wall Street is getting worried about Trump's immigration policies
BI spoke with experts across the financial world about how Trump's immigration crackdown could reshape the industry — and what might be next.
7 min read
Wall Street Rising Stars nominations are open. Here are our lists of top investors, traders, and dealmakers from 2017 to 2024.
For the past eight years, we've pinpointed the young professionals on the runway to success. Here's our database of Wall Street's rising stars.
3 min read
How Trump's immigration crackdown is reshaping financial industry hiring, travel, and dealmaking
Investors and dealmakers may not be the obvious targets of Donald Trump's immigration policies — but the impact on Wall Street is being felt.
5 min read
Bloomberg made a rare cut to staff in a newsroom overhaul. Read the memo breaking down the changes.
Bloomberg announced a newsroom reorg and staff cut but said it would end the year with more employees.
9 min read
Big Four internship season is in full swing. Here's how to get through the door at KPMG, according to 3 current interns.
Three college students told BI how they secured a summer internship with Big Four giant KPMG and why a career in accounting interested them.
5 min read
From interns to insiders: How 2 Balyasny summer recruits landed full-time roles at the $25 billion hedge fund
A macro trader and AI researcher share their advice for a successful Balyasny internship, from 'failing quickly' to leaning into the 'flat' culture.
5 min read
The DOJ says it won't release any more 'Epstein Files.' Here's what the government is still keeping secret.
The Trump administration says it won't release the "Epstein files" anymore. The still-secret docs could help answer mysteries about the financier.
10 min read
Why this $6 billion investment firm is diving into the hedge fund talent wars
New Holland Capital launched Plum Island Partners and hired a North Rock executive to lead it.
3 min read
I've saved $100,000 for each of my 2 children for college. Here's how I did it and what I could've done differently.
Shannon Liu Shair started 529s for each of her two kids when they were born and both accounts have grown to $100,000.
5 min read
Inside Carlyle's AI rollout: Tech chief shares wins, challenges, and cost savings
Lucia Soares is rolling out AI at investment giant Carlyle. She spoke to BI about the successes, pitfalls, and checks and balances.
7 min read
How to get jobs and internships at top hedge funds like Citadel, D.E. Shaw, and Point72
Some of the biggest hedge fund managers have talked to Business Insider about what it takes to join their ranks. Here's what we know.
5 min read
How to get jobs and internships at top hedge funds like Citadel and Point72
Tips on landing coveted jobs and internships at top hedge funds, from executives and recruiters.
5 min read
Inside the Astor family, one of America's wealthiest Gilded Age dynasties whose descendants are friends with British royals
As one of America's wealthiest Gilded Age dynasties, the Astor family's money and influence still make waves.
6 min read
I toured Morgan Stanley's Innovation Lab and saw firsthand how banks are trying to pull top tech talent
As I toured Morgan Stanley's Innovation Lab, I didn't feel like I was at a bank — and I wondered if the tech talent wars have reached Wall Street.
5 min read
A top Blackstone executive on staying humble and how treating people unfairly will follow you
Vern Perry of Blackstone Strategic Partners shares insights on staying humble, treating people fairly, and navigating tariff uncertainty.
5 min read
Bill Gates is worth $50 billion less than thought — and now trails his former assistant in net worth
Bloomberg recalculated Bill Gates' net worth as $52 billion lower to reflect charitable giving, sending him seven places down on its rich list.
3 min read
These 4 charts show where the hedge fund industry is midway through 2025
How the hedge fund industry is navigating choppy markets, geopolitical tensions, and artificial intelligence trends.
4 min read
35 books Wall Street investors, dealmakers, and traders say helped them succeed
We compiled a list of books that top Wall Streeters have recommended over the years that have helped them get ahead.
14 min read
Robinhood is known for its meme-stock and crypto traders. Its CEO says users are embracing passive investing too.
Robinhood fueled a day-trading boom during the pandemic, but CEO Vlad Tenev said on a podcast that many traders eventually adopt a more passive style.
3 min read
How Wall Street unwinds: The 7 Hamptons hot spots to know this summer
Discover the Hamptons' hottest hangouts for financial professionals, as revealed by industry insiders for summer 2025.
6 min read
Ken Griffin owns NYC's priciest condo. Mamdani wants to hike his property taxes — and others'.
Zohran Mamdani wants Ken Griffin to pay more tax on his Central Park penthouse. We break down what it means for homeowners from Brooklyn to Queens.
4 min read
Almost half of the work banks do could be 'redefined' by 2030. Here's a breakdown.
A new report from the consultancy ThoughtLinks models which parts of Wall Street may look totally different in five years.
6 min read
Exclusive
Citadel hires a chief medical officer as Ken Griffin pushes for 'peak performance'
An internal company memo revealed the person is a neurologist who previously worked at Morgan Stanley and is a Harvard grad.
3 min read
Everything we know about how Wall Street giants are adopting AI, from JPMorgan to Blackstone
Finance's biggest firms are considering how AI might impact jobs, how it could cut costs, and reduce "grunt work."
15 min read
How to stand out at your Big Four internship, according to KPMG partners
BI asked partners at the Big Four firm KPMG what skill they want to see from their summer interns.
4 min read
Hedge fund mid-year returns: How Citadel, Millennium, and more have managed in 2025 so far
Stock markets have rebounded worldwide from the shock caused by President Donald Trump's tariff proposals.
2 min read
A PE giant is making a push into the music industry. Its first target: $300 million for the entire Red Hot Chili Peppers catalog
The purchase of the whole Chili Peppers catalog marks a re-entry into the music industry for Bain Capital.
2 min read
A team of engineers saved Morgan Stanley more than 280,000 hours this year. The bank says its tool won't take jobs.
A new tool at Morgan Stanley has saved more than 11,000 days of work this year alone and replaced "onerous" rote work.
5 min read
How AI is speeding up the slow investing game
Thanks to AI, investing decisions that once took months are unfolding in days. Inside the transformation at JPMorgan, AllianceBernstein, and beyond.
5 min read
Self-made billionaire John Calamos says young people need to hustle — and have a mission in life — to be successful
John Calamos, a billionaire investor and former fighter pilot, told BI that hard work, tenacity, and having a mission are key to success in life.
3 min read
Exclusive
Private equity giant TPG halts early recruiting
TPG joined investment giants Apollo and General Atlantic in breaking from the industry's recruiting tradition. See the memo.
3 min read
Billionaire John Calamos says he's bullish on stocks and the economy — and won't follow Warren Buffett off stage yet
Billionaire investor John Calamos cheered the rebound in stocks, and joked he has another decade to work if he follows Warren Buffett's lead.
2 min read
Hasan Minhaj says he once kept his money in shoeboxes — and wonders why he shouldn't hoard cash like Warren Buffett
Comedian Hasan Minhaj spoke to personal-finance guru JL Collins about his money fears, modern temptations — and copying Warren Buffett.
4 min read
Warren Buffett is giving away $6 billion in Berkshire shares
Buffett, 94, has pledged to give away the majority of his fortune to philanthropic causes.
2 min read
I'm a financial planner for the wealthy. They don't achieve wealth alone — here are the 5 key relationships they all have.
Behind every wealthy client is a trusted team of experts they rely on to make sound decisions and stay ahead. These are five of the most common ones.
3 min read
Meet Goldman's consigliere to Hollywood: the entertainment banker whose days spearheading big media deals start with a run in Central Park
Hollywood has been through a lot — strikes, fires — but Goldman's entertainment team, led by Aaron Siegel, is growing.
6 min read