How Morgan Stanley is courting startup employees with Carta deal
Morgan Stanley is building a pipeline of wealth clients with IPOs set to rebound in 2025.
Hayley Cuccinello
Senior Finance Reporter
Citi needs a white knight. Donald Trump's 2nd term might provide one.
Trump's promise of light regulation could solve one of Citi's biggest problems.
This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'
Rich business owners looking to cash out can save big on income taxes by setting up trusts in tax-haven states without moving.
The movies, shows, and books that give the best window into working on Wall Street
What 2024's rising stars of Wall Street say about the TV shows, movies, or books that best represent their daily lives at work.
Investment banking has made a multibillion-dollar rebound, but it's too early to pop the Champagne
Goldman Sachs and other banks beat Wall Street expectations thanks to dealmaking fees. Was this quarter a blip or just the beginning?
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Citi's regulatory nightmare still haunts CEO Jane Fraser
Citi CEO Jane Fraser was dogged by questions about the bank's longstanding regulatory troubles.
Rich entrepreneurs looking to cash out can save big on taxes by gifting stock to their parents and getting it back when they die
The rich can avoid capital gains taxes by giving appreciated assets to their parents and inheriting them back before cashing out. Here's how it works.
Top GOP donor Ken Griffin is heading to the polls but 'not with a smile' on his face
The billionaire Republican megadonor and Citadel CEO opened up about the 2024 presidential race, taxes, and whether he'd run for office.
This is who Jane Fraser is counting on to clean up Citi's regulatory mess
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to make peace with regulators. It is going poorly.
Why this JPMorgan exec says you should sleep more
JPMorgan's Kristin Lemkau traces every bad decision to being tired. She told BI why she makes time for sleep and why you shouldn't be obsessed with your job.
Forget cold plunges or biohacking: Here's how Wall Street's rising stars stay sharp
Here are the rituals and routines that top performers live by to keep themselves grounded and mentally prepared for their demanding workdays.
Wall Street rising stars: 25 top young investors, traders, and dealmakers at firms like Goldman Sachs, Blackstone, and JPMorgan
From financing the future of cleaner energy to influencing trades at the world's largest hedge fund, here's why these up-and-comers are the ones to watch in finance.
How rich Americans use life insurance to save on taxes and protect their kids' inheritance with this neat trick
Life insurance can be used to pay Uncle Sam and save big on the tax bill. Here's how it works.
Memo: Citi shakes up leadership after $136 million in fines for data quality issues
Citi's new tech head Tim Ryan will co-lead its data efforts to appease regulators with COO Anand Selva. Here's what you need to know about the new status quo.
The lowly bank branch is JPMorgan's key tool to reach the wealthy. Kristin Lemkau explains why.
Kristin Lemkau took over JPMorgan's US wealth business in 2019. After taking on First Republic, she's looking to branches for greater growth.
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Wall Street's beach reads: 35 books to read on vacation, recommended by top investors, dealmakers, and traders
We compiled a list of books that top Wall Streeters have recommended over the years that have helped them get ahead.
View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned
View filed for bankruptcy protection in April, three years after going public. CEO Rao Mulpuri has left the now private company.
Meet the ex-Goldman Sachs partner behind the scenes of the Skydance-Paramount deal
Gerry Cardinale, an ex-Goldman Sachs partner, made his name as the Yankees' dealmaker. His portfolio includes Skydance, Paramount's buyer.
How trusts can help wealthy couples fund their lifestyles and save big on taxes
The wealthy can dodge estate taxes but keep access to their assets by using spousal lifetime-access trusts. One caveat: don't get divorced.
2nd marriages can mess up inheritance plans. Here's one way the rich can keep everyone happy.
The wealthy can use "QTIP" trusts to provide their widows with lifetime income, keep their assets untouched until the second spouse dies, and even save on taxes.