The broker-dealer operations at New York Stock Exchange member firms booked $17.3 billion in profits in 2016, the first increase since 2012.
Hedge funds, as a group, have a lower return than straight-up market indexes do.
William D. Cohan, "Why Wall Street Matters," author, says there's been too much "villainizing" of Wall Street and explains why it's time to overhaul regulations.
CNBC's Wilfred Frost reports that Wells Fargo has announced new compensation measures for executives to promote accountability.
Board composition is coming under increasing scrutiny from investors and some industries are lagging behind, according to a new report.
Wall Street may look no further than its own paychecks for an explanation why the Fed is not likely to raise rates in March.
The left-wing leader of the U.K.’s main opposition party has said he wants a law imposing a maximum upper limit on earnings.
Bosses take home less money after the tech giant missed its revenue and profit targets for the year.
Online job-search emporium CareerCast.com compiled a list of the most overrated jobs in America, from hours worked to related stress.
The Stanford Graduate School of Business's new employment report shows record-breaking salaries for its MBA graduates, Poets & Quants reports.
Wall Street bonuses are expected to decline, reflecting a period of busted mergers, limited trading activity and muted hedge fund returns.
Sheila Bair, former FDIC Chair, shares her take on Wells Fargo clawbacks, CEO John Stumpf and banking regulation.
John Browne, L1 Energy chairman, provides insight to Well Fargo's sales scandal and the ensuing clawback.
The "Worldwide Exchange" crew discusses some of the morning's top attention-grabbing headlines, including a Washington Post piece by Xerox CEO Ursula Burns and Marriott International CEO Arne Sorenson titled," How passing the Trans-Pacific Partnership is good for America," and a Financial Times article titled, "Wells Fargo: Chain over-reaction."
CNBC's Wilfred Frost reports that Wells Fargo's board is considering executive clawbacks following the recent fraudulent accounts scandal, according to Dow Jones.
Mary Uhl-Bien, Neeley School of Business, comments on two high-profile hearings this week in Congress; Wells Fargo CEO John Stumpf about the banks account scandal, and Mylan CEO Heather Bresch on the huge price hike in EpiPens.
CEOs aren't alone bringing home giant paychecks from the nation's big banks.
Bill George, Harvard Business School Senior Fellow and Former Medtronic Chairman, weighs in on Mylan CEO Heather Bresch's upcoming testimony on Capitol Hill over the EpiPen pricing debate.
Mike Mayo, CLSA bank analyst, says John Stumpf's prepared testimony doesn't answer a lot of questions. Also Mayo explains why he supports clawbacks and accountability from top leadership at the bank.
The U.S. is seeing a populist revolt, says Walter Isaacson, Aspen Institute, discussing the link between executive compensation structures and anger in America, as Wells Fargo CEO John Stump and Mylan CEO Heather Bresch head to Capitol Hill to testify.