Exclusive
Walleye's chief strategy officer is leaving, the latest in a string of senior shake-ups at the $9.4 billion hedge fund
3 min read
5 top Goldman Sachs partners share their best advice to the bank's newest managing directors
Goldman Sachs partners offer advice in their own words from the inner rung of power to the 638 new managing directors they promoted on Thursday.
5 min read
Wall Street bonuses are set to surge, from trading floors to M&A desks
Pretty much everyone on Wall Street is in for a sweet payday. But the threat of job cuts from AI looms, a new report predicts.
6 min read
Inside Business
Move aside, Musk-Altman: There's a new brawl captivating the business world
Michael Burry of "The Big Short" fame has traded barbs with Palantir CEO Alex Karp over the stock market's big question: Is the AI boom a bubble?
6 min read
Banker bags: Cool or cringe?
Wall Street's vests can elicit scoffs from those outside the finance world. But one fashion accessory divides opinions within the industry: bags.
2 min read
It's harder than ever to get an entry-level role at Blackstone
Applications for an entry-level role at the private capital behemoth basically doubled from 2021 to 2025.
4 min read
I built a $300,000 side hustle while working full-time at Google
Sundas Khalid made $600,000 in 2024—half from Google, half from a 5-hour-a-week side hustle that soon out-earned her salary.
The 3 skills a new Goldman managing director says aspiring technologists on Wall Street need
Goldman's head of AI engineering for asset management, Dan Popescu, tells Business Insider what makes candidates stand out.
4 min read
A partner at Goldman Sachs shares the biggest mistake people make when looking for a mentor
Asahi Pompey said it's not a good idea to seek out the most senior leader as a mentor.
2 min read
How AI will affect jobs at banks' front, middle, and back offices, according to a 20-year banking veteran
Sopnendu Mohanty worked at Citi for nearly 20 years. He told Business Insider that back office roles in banks will be hit the hardest by AI.
2 min read
Warren Buffett says rules requiring CEO-to-employee pay comparison backfired
Warren Buffett said post-2008 rules requiring companies to disclose CEO pay ratios lead to more envy and greed — and longer proxy statements.
3 min read
Warren Buffett's life advice: 'Decide what you would like your obituary to say and live the life to deserve it.'
Warren Buffett says you should decide what you want your obituary to say and then live your life to deserve it.
3 min read
A glimpse inside JPMorgan's new headquarters — courtesy of TikTok
Videos on TikTok of what appear to be the building's interior show floor-to-ceiling windows, rows of cardio machines, and signed golf clubs.
2 min read
Warren Buffett says he'll keep writing a yearly letter — and plans to 'step up' his charitable giving
Warren Buffett says he'll keep penning letters, and speed up his giving but retain a big Berkshire stake until his successor wins over shareholders.
6 min read
Read Warren Buffett's Thanksgiving shareholder letter — his last one as Berkshire Hathaway CEO
Legendary investor Warren Buffett said he plans to continue sharing a Thanksgiving letter to shareholders after he steps down as Berkshire Hathaway CEO.
18 min read
Exclusive
Another top recruiting exec is out at Citadel. She joined the $69 billion hedge fund only 2 months ago.
Laura Sterner joined in September to lead BD for Citadel Global Equities. The fund's BD team has experienced notable churn this past year.
2 min read
'Big Short' investor Michael Burry fires back after Alex Karp blasted his bet against Palantir
Michael Burry of "The Big Short" said he wasn't surprised Alex Karp "cannot crack a simple 13F" after Palantir's CEO panned his bet against the stock.
4 min read
My wife and I pay $1,200 a month for a house manager. Buying back my time, peace, and energy is more valuable than money.
Eric Roberge realized tasks around the house were taking away from his work and his family time. He hired a house manager who works 10 hours a week.
6 min read
The new reality of colon cancer in young adults
5 young colon cancer patients share their stories, including their missed symptoms, their diagnosis, and their advice on how to save yourself
Inside Business
Hedge funds cultivated mercenaries. Now they want loyalty
Hedge funds are desperate to hang on to their most prized traders. And employees are the beneficiaries.
13 min read
Trump floats using tariff revenue to send $2,000 checks to Americans. Here's how that could hurt people in the long run.
Trump says he will use tariff revenue to send $2,000 checks to Americans. While most would welcome the infusion, it could cost them in the long run.
3 min read
AI training companies are offering up to $150 an hour to get Wall Streeters to train their models
AI needs help to become a passable investment banker. Here's how much companies are paying those who train it.
4 min read
See inside KPMG's giant new NYC headquarters, which was designed based on employee input
KPMG's new 45,000-square-foot New York City headquarters was designed using employee input. CEO Tim Walsh called it the start of a "new era" for KPMG.
7 min read
This 29-year-old trader just became Goldman's youngest MD. Here's how he celebrated after a big year.
Paulo Costa, a 29-year-old London trader, shared how he learned he'd made MD after a standout year for Goldman's equities business.
4 min read
Mistrial declared for MIT brothers accused of $25M crypto heist. Deadlocked jury complained of tears, sleepless nights.
Anton Peraire-Bueno and James Peraire-Bueno were accused of pocketing $25 million from Ethereum traders in a blindingly fast fraud.
5 min read
Exclusive
Top hedge funds notched gains in October. Here's how Millennium, Citadel, Point72, and others stack up
Hedge funds were mostly positive last month, though many failed to match the returns of the S&P 500.
3 min read
Missed a promotion on Wall Street? Here is why it is not the end.
Plenty of Wall Streeters are getting tapped for big promotions. But there are others who will feel passed over. Recruiters explain what to do next.
3 min read
4 AI-powered consulting startups to watch into 2026
Silicon Valley is pouring money into a new AI category some investors call "consulting tech."
5 min read
Why Jamie Dimon gets upset when people say they're loyal to him
JPMorgan CEO Jamie Dimon also said leaders need to "weed out" those who aren't honest or upfront.
2 min read
When millionaires lose friends, it's often chalked up to envy. The truth is more complicated.
Four self-made millionaires share the subtle ways in which wealth strains relationships, and how financial success ultimately cost them friendships.
8 min read
EY staff are using AI to tell them how AI is going to change their jobs
The Big Four firm EY is using AI to help its consultants and accountants figure out what their future jobs will look like.
4 min read
2 partners at Goldman reveal how AI has impacted what they look for in job candidates
AI adoption is changing what two partners look for in job candidates — but only to an extent.
3 min read
Everyone's asking if AI will pay off. This company has proof it does.
A recent Wharton study found 74% of enterprises are already generating positive return on investment from AI projects. TS Imagine is proof of this.
5 min read
What's in a vest? Wall Streeters told us why they wear the finance fashion staple
If there's one piece of clothing that's become synonymous with the finance industry, it's the vest.
3 min read
Why 'Big Short' investor Michael Burry is posting 'Star Wars' memes and betting big against Nvidia and Palantir
Michael Burry of "The Big Short" warned of an AI bubble and shed light on his wagers against Nvidia and Palantir with the help of a "Star Wars" meme.
5 min read
The list of major companies laying off staff this year includes Amazon, Starbucks, Oracle, American Airlines, and more
Layoffs have hit companies from American Airlines to Meta to Intel this year amid a backdrop of cost-cutting and technological change.
34 min read
UBS chair warns of 'systemic risk' from private credit ratings. Apollo CEO fires back: 'He's just wrong.'
Marc Rowan explained why UBS chief Colm Kelleher is wrong to worry about ratings in private credit.
4 min read
KPMG wants junior consultants to ditch the grunt work and hand it over to teams of AI agents
Big Four firm KPMG said that young consultants spend too much time on slide decks and need to be more involved in strategic decisions.
4 min read
The proposals NYC business leaders say they can live with under Zohran Mamdani, according to his CEO whisperer
Yasser Salem has built a business council to advise Mamdani if he wins. The McKinsey alum explains that bosses are open to free childcare.
4 min read
Exclusive
Inside the string of recruiting executive departures at Ken Griffin's $69 billion Citadel
Business development has become a hot role amid the talent war. Ansh Kalra is the latest in a series of BD exits at Citadel in the past year.
5 min read
How to protect your estate and inheritance from an ugly divorce if you lack a prenup, according to financial experts
Three financial experts explain prenups, postnups, stealth prenups, and why you should talk to an attorney before using inheritance for your family.
5 min read
Steve Cohen's hedge fund is splitting its stock-picking arm — and access to the C-suite is a big reason why
Steve Cohen's $41.5 billion firm will have two stock-picking arms starting in 2026 — Point72 Equities and Valist.
2 min read
Warren Buffett is in his final 2 months as CEO. He's leaving at a tricky time for Berkshire Hathaway.
Warren Buffett's Berkshire Hathaway has been stacking up cash, selling stocks such as Apple, and holding off on buybacks ahead of his departure.
5 min read
Izzy Englander's Millennium sells a minority stake that values the hedge fund giant at $14 billion
Izzy Englander sold a minority stake in Millennium, which manages $79 billion, to investors through fund's managed by Goldman Sachs.
3 min read
I was a hedge fund manager at Balyasny. Now I work at an AI startup helping bankers cut out the work they hate.
Barry Duong, a former investor at Balyasny and Citadel, explored AI during his noncompetes. Now, he's helping Wall Street rethink how work gets done.
5 min read
We asked 2 partners at Goldman Sachs what keeps them up at night. They had the same answer.
The firm's head of private wealth management and corporate engagement separately said they focus on their colleagues' wellbeing.
3 min read
young geniuses
A 17-year-old earned $72,000 after investing his e-commerce profits into stocks. Here's why he bet on the tech industry.
The teenager told BI he had a "good feeling" about investing in tech companies in 2024. "I caught the AI wave at the perfect time," he said.
5 min read
How Wall Street is really using AI — from staff training to performance reviews
JPMorgan, Citi, and Goldman Sachs are investing heavily in AI technology to transform operations, enhance productivity, and stay competitive.
7 min read
Markets guru Liz Ann Sonders says the AI boom isn't dot-com bubble 2.0 — but disappointment could roil the economy
Charles Schwab's Liz Ann Sonders told BI the "ultimate risk" is that AI companies disappoint, sending shockwaves through markets and the economy.
3 min read