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 she released her second book, "The Secret Club That Runs The World: Inside the Fraternity of Commodity Traders," in June 2014.
Kelly holds a bachelor's degree from Columbia College at Columbia University.
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Seven years after he was first sued by New York state prosecutors for securities fraud, the allegations against former AIG chief Maurice “Hank” Greenberg are still pending – and may now be considered by the state's highest court.
Late in May, facing a wrongheaded internal credit-derivatives trade that had already generated $2 billion in losses, senior managers at JPMorgan found themselves staring at a worst-case scenario that pegged the ultimate losses related to unwinding the trade put on by a U.K. trader — now nicknamed “the London Whale” — at as much as $9 billion, says someone familiar with the matter.
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."
"Shark Tank" investor Daymond John discusses the popularity of "Shark Tank" among families.
"Shark Tank" investor Daymond John, shows off one of the show's success stories: the TITIN Weighted Compression Gear vests; and Miles Nadal, MDC Partners CEO, weighs in.
Julie Busha didn’t slay any Sharks with her Slawsa – but that hasn’t stopped her from continuing to thrive.
What makes one bottle of wine cost $15 while another goes for $1,000? Joe Bastianich of CNBC's "Restaurant Startup" explains.
Some might pick a wine bottle for its imagery, but its label can tell consumers so much more about what’s inside.
Tim Love takes us behind the scenes at his latest restaurant venture in Fort Worth, Texas: the Woodshed.
Marcus Lemonis of CNBC’s “The Profit” and a business consultant discuss how entrepreneurs can successfully form a business partnership.
Marcus Lemonis of CNBC's "The Profit" and the National Federation of Independent Business give tips on effective leadership.
Managing a business run by loved ones isn't so simple, as host Marcus Lemonis demonstrates on CNBC's "The Profit."
These designers hope to replace disposable plastic cups with their biodegradable, edible cup called Loliware.
Rather than peddling Takumi Taco on NYC's streets in a food truck, owners Debbie and Derek Kaye do it a different way.
In NYC, food trucks have been hot, but many owners say rules and regulations are eating up profits. Marcus Lemonis weighs in.
Meggan Bailey of CNBC's "The Car Chasers" says bad paperwork is one of many mistakes people can make after buying a car.
Meggan Bailey, star of CNBC Prime's "The Car Chasers," tells you how to properly market your car so it's sure to sell.
Used largely by farmers and businesses at the turn of the century, trucks are now tops.