Markets

The top 20 dealmakers of 2020, ranked

Insider partnered with financial-data platform MergerLinks to identify the top dealmakers of 2020. Bankers at Morgan Stanley, Ardea Partners, and Centerview Partners topped the list. They worked on deals including Salesforce-Slack and Morgan Stanley buying E-Trade. Click here to check out the full list, available exclusively to Insider subscribers. Dealmaking […]
The top 20 dealmakers of 2020, ranked
Markets

Citigroup misses 4th-quarter revenue forecasts as bond trading disappoints

Citigroup reported mixed fourth-quarter earnings on Friday that were hurt by weaker-than-expected fixed-income trading revenues. The bank reported profits that beat analyst estimates, but revenue fell short. Citigroup saw weakness in its consumer banking arm, with revenues down 14%. Shares of Citigroup fell more than 1% in early trading. Sign […]
Citigroup misses 4th-quarter revenue forecasts as bond trading disappoints
Markets

JPMorgan’s 4th-quarter earnings smash forecasts as trading revenues soar

JPMorgan reported fourth-quarter earnings on Friday. The banking giant posted a 42% rise in net income, driven by its release of $US2.9 billion in credit reserves. CEO Jamie Dimon touted the bank’s robust results and record revenues in a “challenging year.” Visit Business Insider’s homepage for more stories. JPMorgan reported […]
JPMorgan’s 4th-quarter earnings smash forecasts as trading revenues soar
Strategy

I was a stockbroker at UBS who went to prison for fraud. Now I’m a white-collar prison consultant who helps high-profile clients get through their time in lockup — here’s what my job is like.

Justin Paperny, 45, is a business owner and former federal inmate currently based in Irvine, California. While working as an investment banker at UBS, Paperny was involved with a fraudulent hedge fund that was part of a Ponzi scheme. He pleaded guilty in 2007 to conspiracy to commit mail, wire, […]
I was a stockbroker at UBS who went to prison for fraud. Now I’m a white-collar prison consultant who helps high-profile clients get through their time in lockup — here’s what my job is like.