If more than one member of President Donald Trump‘s team resigns, the Dow could fall 500 points or more, closely followed trader Art Cashin told CNBC on Friday. “If you had more than one resignation … I think it would have a very formidable ...Read More

Secretary of State Rex Tillerson and U.S. Secretary of Defense James Mattis stated that the current U.S. administration would continue to pursue diplomatic resolutions with Pyongyang. Stocks were coming off their second-worst weekly performance of the year, with the S&P 500 falling 1.43 percent. ...Read More

A new survey shows that jobs outside of Wall Street are becoming increasingly enticing to recent MBA graduates. According to data from Training the Street, bulge bracket banks were a top employment choice for just 19 percent of respondents. Not only is that a ...Read More

Tullett Prebon took on around 1,500 brokers when it swallowed Icap’s global broking division to form TP Icap in December. The merger was subject to scrutiny by both the Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) last year. The two firms made concessions ...Read More

We’ve all heard the saying: Dress for the job you want, not the job you have. “Your style reflects what you and your company project,” top Wall Street stylist Jacci Jaye tells CNBC Make It. Jaye, who has worked with many C-Suite execs, high-power attorneys and financiers, ...Read More

Two of Wall Street’s fastest-growing takeover advisers are perched in towers almost directly across Manhattan’s Park Avenue — and they’re glowering at each other. On one side, Evercore Partners Inc. has been gobbling up market share advising companies on mergers and acquisitions with a time-tested formula: ...Read More

A top Wall Street firm predicts Goldman Sachs’ trading woes will continue into next year. UBS lowered its rating on the bank’s shares to neutral from buy, saying it will report earnings below consensus expectations in 2018. “Shares seem to reflect a rebound in revs but ...Read More