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Treasury Secretary Scott Bessent, a former hedge-fund manager, is trying to execute one of highest-stakes gambles in modern political and economic history.
The six biggest U.S. banks put up $16.3 billion in stock trading revenue, 33% more year over year and higher than the 2020 ...
Wall Street’s bonus pool hit a record high last year — with bankers on average raking in an eye-popping windfall of $244,700 on top of their salaries — as stock trading roared back to life.
Last November, Hudson Bay Capital released a 41-page document that outlined a plan to restructure the global trading system with a juicy premise for Wall Street. Complicated and dense ...
Wall Street banks just posted their biggest-ever haul from stock trading as the opening months of President Donald Trump's tenure led to upheavals across asset classes — and the need for ...