JPMorgan CEO Jamie Dimon's opposition to bitcoin, the red-hot cryptocurrency up more than 700% this year, is no secret...
High-frequency traders, made famous in Michael Lewis' "Flash Boys," are in trouble. Low volatility and rising operational costs are making it harder for HFTs to churn out the revenues they once did. HFTs are shifting their focus to alternative businesses. Wall Street's fastest traders are going to need a lot more than speed if they're going to survive...
An Ashton Kutcher-backed company has launched an initial public offering on the Nasdaq Stock Market.
Chicken Soup for the Soul, the publishing company known for its inspirational book series by the same name, plans to raise $30 million in an initial public offering for the firm's entertainment unit, according to a news release. Chicken Soup for the Soul Entertainment is set to trade under the ticker CSSE...
A former Morgan Stanley banker who helped the bank make $100 million in fees in a single year is suing the bank for a more than $1 million bonus.
Bernard Mourad worked for the New York-based investment bank until 2015. On Monday, Mourad told an employment tribunal in Paris that Morgan Stanley owes him $1.5 million for his role in a $23 billion merger deal, according to reporting from Bloomberg's Gaspard Sebag...
Morgan Stanley is making a big move in the world of sustainable finance.
The bank has raised $125 million for its first global impact fund. It will invest in private equity funds that demonstrate a positive impact on the environment or society, while also delivering strong financial returns. Morgan Stanley said it believes this is the largest impact fund of funds in existence...
The ongoing war between Buffalo Wild Wings and Marcato Capital, a San Francisco-based hedge fund is heating up.
On Tuesday the casual dining chain released a presentation to shareholders that emphasized the firm's strength and took shots at recent criticisms flung at the wing maker by Marcato. The hedge fund currently has a 6.1% stake in the company...
Young investors are piling into Snap.
The firm is among the top stocks of investors under 30 on the mobile trading app Robinhood. And the brokerage firm TDAmeritrade attributed a boost in activity during the first quarter of 2017 to a high number of Snap trades fueled by first-time traders...
It's no secret that hedge funds have been dealing with some issues lately.
High fees and lackluster performance are forcing some clients to evaluate whether they should leave their money with the once mighty kings of Wall Street or take it elsewhere.
Just last week, investment icon Warren Buffett urged investors to seek out alternative investment venues...
