Kate Kelly joined CNBC in May 2010 as a reporter focusing on hedge funds and Wall Street. She appears during CNBC's business day programming and contributes to CNBC.com.
Previously, Kelly was a staff reporter for The Wall Street Journal, where she spent a decade. She covered numerous firms for the Journal including Goldman Sachs and Morgan Stanley as well as the movie business and the New York Stock Exchange. Before joining the Journal in 2001, she was a writer and reporter for Time magazine and, before that, a reporter at The New York Observer.
She has won a number of prestigious awards, including two Gerald Loeb Awards, four awards from the Society of American Business Editors and a Livingston Award for Young Journalists in the national reporting category.
She also has been honored by the Newswomen's Club of New York, the Medill School of Journalism and the New York City Deadline Club. She is the best-selling author of "Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street" and is currently at work on her second book, which is on the world of commodities trading.
Kelly holds a bachelor's degree from Columbia College at Columbia University.
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Two months after announcing plans to sell its overseas wealth-management unit, Bank of America is in advanced, exclusive discussions about a potential $1.5 billion to $2 billion deal with the Swiss private-banking firm Julius Baer, says someone familiar with the matter.
Financial sponsor Carlyle Group is closing in on a deal to purchase a large Sunoco oil refinery in Philadelphia, according to three people familiar with the matter, in a transaction that could be completed in a matter of days, one of these people said.
CNBC's Kate Kelly reports the latest details from Chesapeake Energy's annual meeting, as its embattled CEO faces angry shareholders. David Dreman, Dreman Value Management chairman & CEO and Chesapeake shareholder, owns about a million shares of the company's stock and discusses why "he wouldn't buy any more shares at this point."
Hours before its annual meeting is set to begin Friday morning, Chesapeake Energy’s board is facing the near-certain defeat of its two directors who are standing for reelection, plunging the beleaguered company into even greater uncertainty.
Meet the business turnaround king Marcus Lemonis. He's spending millions of his own money to save failing businesses.
You can pick your friends, but you can’t pick your office neighbor. Here are some cubicle neighbors you don't want.
Marcus Lemonis of "The Profit" explains the most common financial mistakes businesses make and how to avoid them.
Joe and Tina Caronna are living the good life: a nice house, a collection of fancy sports cars, and loads of cash for vacations and fun. But while Tina has earned her money as a financial executive, Joe's life as an insurance agent isn't exactly legit. When Tina learns of her husband's fraud ... the results are deadly.
Insurance agent Joe Caronna steals money from friends by selling bogus annuities to feed his expensive lifestyle. He's able to conceal his fraud for years without detection.
When Tina Caronna doesn't return from a shopping trip, Joe enlists friends and family to search for his missing wife.