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  • UBS to Cut Up to 10,000 Jobs Friday, 26 Oct 2012 | 4:17 PM ET
    UBS to Cut Up to 10,000 Jobs

    UBS is set to unveil a radical downsizing of its struggling investment bank next week in a move that will prompt the loss of up to 10,000 jobs across the Swiss banking group.

  • Goldman's CEO Reaction to Greg Smith's Book   Wednesday, 24 Oct 2012 | 11:36 AM ET
    Goldman's CEO Reaction to Greg Smith's Book

    In an earlier "Squawk on the Street" interview CNBC's Gary Kaminsky weighs in on Lloyd Blankfein's reaction to Greg Smith's tell all memoir, "Why I Left Goldman Sachs."

  • Goldman's Blankfein on Building Innovation   Wednesday, 24 Oct 2012 | 11:05 AM ET
    Goldman's Blankfein on Building Innovation

    Lloyd Blankfein, chairman & CEO of Goldman Sachs; Neil Blumenthal, Warby Parker co-founder; and Premal Shal, Kiva.org president, talks about business innovation and entrepreneurship, with CNBC's Julia Boorstin.

  • Last Call: U.S. Customs Drops the Blackberry Monday, 22 Oct 2012 | 11:18 PM ET
    Last Call: U.S. Customs Drops the Blackberry

    Texas Instruments and Yahoo report earnings, Best Buy bets on Windows 8, Monster Beverage drops in the wake of a lawsuit, Amazon says the Kindle is a top seller, the U.S. Customs Agency drops the Blackberry.

  • Zeroing in on Morgan Stanley's Earnings Beat   Thursday, 18 Oct 2012 | 8:00 AM ET
    Zeroing in on Morgan Stanley's Earnings Beat

    David Hilder, Drexel Hamilton banking analyst, breaks down the company's third quarter numbers of $0.28 EPS on $7.6 billion in revenues, and discusses whether to invest in financials now.

  • Goldman Beats Street on Top & Bottom Line   Tuesday, 16 Oct 2012 | 10:53 AM ET
    Goldman Beats Street on Top & Bottom Line

    CNBC's Mary Thompson reports strength in the company's earnings is being driven by its investment banking, fixed income and investments and lending.

  • Goldman Sachs Beats Street & Raises Dividend   Tuesday, 16 Oct 2012 | 8:06 AM ET
    Goldman Sachs Beats Street & Raises Dividend

    Douglas Sipkin, Susquehanna Financial senior analyst, breaks down the big bank's third quarter earnings of $2.85 versus $2.12 estimates, on revenues of $8.35 billion.

  • Last Call: Sneak Peak at the Goldman 'Muppet' Book Monday, 15 Oct 2012 | 11:16 PM ET
    Last Call: Sneak Peak at the Goldman 'Muppet' Book

    Apple hires an exec from Amazon, Yahoo hires an exec from Google, two new drugs cited in meningitis outbreak, Les Moonves extends his stay at CBS, an early review of the first chapter from a book by a disgruntled Goldman Sachs employee is not kind.

  • JPMorgan CFO Braunstein to Step Down   Thursday, 11 Oct 2012 | 10:38 AM ET
    JPMorgan CFO Braunstein to Step Down

    CNBC's Kate Kelly reports the fallout over JPMorgan's trading blunder may have played a role in the CFO's decision to step down.

  • JPMorgan CFO Braunstein May Step Down   Thursday, 11 Oct 2012 | 7:03 AM ET
    JPMorgan CFO Braunstein May Step Down

    CNBC's Kate Kelly reports the fallout over JPMorgan's trading blunder may force the company's CFO to step down.

  • Last Call: PC's Sales in a Tailspin Wednesday, 10 Oct 2012 | 11:18 PM ET
    Bill Gates leaves the G20 Summit on November 3, 2011 in Cannes, France.

    Jamie Dimon speaks out, PC sales are in decline; U.S. sets tariffs on solar panels and Spain is downgraded by the S&P for the third time this year.

  • Jamie Dimon Addresses Fiscal Cliff   Wednesday, 10 Oct 2012 | 12:45 PM ET
    Jamie Dimon Addresses Fiscal Cliff

    Jamie Dimon, CEO of JPMorgan, says the economy would have been booming if the U.S. would have adopted Simpson-Bowles.

  • Anatomy of a 'Junk' Deal   Wednesday, 10 Oct 2012 | 11:07 AM ET
    Anatomy of a 'Junk' Deal

    CNBC's Gary Kaminsky explains how QE3 is impacting deals on Wall Street, and how to avert a global recession, with CNBC's Rick Santelli.

  • Last Call: A Honey Boo Boo Market Day Tuesday, 9 Oct 2012 | 8:52 PM ET
    NYSE traders floor

    Equities finish lower, Alcoa and Yum get earnings season off to a good start.

  • Last Call: In 1492, Columbus Sailed the Ocean Blue Monday, 8 Oct 2012 | 10:55 PM ET
    NYSE trader

    A quiet day of trading as the markets slowly approach 5-year highs; the meningitis outbreak grows; Huawei fires back at the U.S. and the IMF slashes forecasts for global economic growth.

  • Construction work

    Once the dregs of the U.S. economy, beleaguered mortgage banks are becoming more attractive as the home sector claws back from a depression, an analyst said Monday.

  • Top Cities for Financial Adviser Startups Monday, 8 Oct 2012 | 12:13 PM ET
    As financial services companies trim payrolls, more industry veterans are opening their own investment firms.According to , which tracks the, there are now 28,574 resident investment adviser, RIA, firms, usually with offices of two to eight employees and an average of $25 million to $50 million in client assets under management, AUM. Others, such as spinoffs from the financial giants, can manage mutual funds and other big accounts, boosting the AUM.In the most recent full year of year of data, 2011, 1,108 RIA firms were formed with $561.38 billion worth of assets under management.We thought it would be interesting to see what cities had the most activity in creating new RIA firms in 2011 and how much money (measured in assets) was under management. (Note that there is a wide range of assets, depending on the individual starting the firm and the number and size of clients.)Here are the top ten cities based on a customized search of AdviceIQ/Meridian-IQ data bases.

    New financial advisory firms are popping up around the U.S., as veteran brokers leave big firms to build their own. These 10 are startup hotbeds.

  • Goldman's Viniar Stepping Down   Wednesday, 19 Sep 2012 | 7:14 AM ET
    Goldman's Viniar Stepping Down

    CNBC's Mary Thompson reports Goldman Sachs is replacing CFO David Viniar, with incoming officer, Harvey Schwartz.

  • Last Call: Zuckerberg and Facebook Are Going Mobile Wednesday, 12 Sep 2012 | 2:30 AM ET
    Mark Zuckerberg

    Mark Zuckerberg gives his first interview since the Facebook IPO; Ex-JCP exec joins the GAP; Steve Wynn releases a scathing statement on Joe Francis and Ford may soon have a CEO succession plan.

  • Deutsche Bank to Cut Costs, Shrink Balance Sheet Tuesday, 11 Sep 2012 | 9:43 AM ET
    Deutsche Bank

    Deutsche Bank unveiled a new plan on Tuesday to survive in a less profitable investment banking world, saying it would aim for 4.5 billion euros in annual savings by 2015, and move 125 billion euros in assets to a non-core unit.